Nicor Fraud

fraudulence IN NICOR COMPANY INFORMATION & BERIEF HISTORY Nicor internalization is an expertness and shipping participation headquartered in Naperville, Illinois. The attach to is founded in 1953 and has 3900 employees in total. The Nicor Incorporation has two main subsidiaries: Nicor louse up and equatorial Shipping. The largest infantryman is Nicor fluff which is a  infixed blow  distribution company. Nicor blow was formed in 1954 from several companies in and around Ottawa, Illinois. In 1955, Nicor Gas bought Union Gas and Electric. A hardly a(prenominal) long time later, they laid the groundwork for the worlds largest underground brag storage system. In the 1960s, Nicor Gas expanded its answer empyrean and began drilling for natural gas. During this time, they in addition increased our natural gas storage capacity by developing underground storage. In 1997, the name of company changed from Northern Illinois Gas and the company is named as Nicor Gas. Today, Nicor Gas is the largest natural gas distributor in northern Illinois, comp starnt part more than 2.2 million customers. The main service territory of the company is most of the northern Illinois, excluding the city of Chicago. Nicor Gas has 34,037 miles of gas mains and pipelines to go to its customers. The second largest subsidiary of Nicor Incorporation is equatorial Shipping.

The companys headquarter is at the Port of Palm Beach, Florida. tropic Shipping is one of the largest containerized cargo carriers in the Caribbean region and the Bahamas. Tropical Shipping has a fleet of 11 owned vessels and also charters a pattern of vessels to have flexibilit y as securities industry conditions change.! The company operates in ports in the Bahamas, Virgin Islands, Cayman Islands, friar preacher Republic, Eastern Caribbean and the Guiana. FRAUD IN NICOR GAS An anonymous Nicor whistle blower faxed Citizens Utility Board ( deliver) a 14-page memo outlining how Nicor created a scheme to overcharge its customers. Sparked by the tipster, CUB experts reviewed 140,000 Nicor documents...If you want to get a full essay, order it on our website: OrderEssay.net

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