Undisclosed commission constitutes as a bribe

21st September 2017 Blog 0

If a dealer was acting as an agent for the seller and has made a secret profit where this has not been disclosed to the seller and not has been authorised, then there are legal risks. Legal proceedings could take place and you could receive the repayments of the commission as undisclosed commission constitutes as a bribe. A deal should be transparent, if it is not, then it is bribery.

Contact Queensbeck now and see what your broker owes you!