Anti-Fraud Policy
Effective Date: 01 April 2025
Jurisdiction: Jalandhar, Punjab, India
Introduction
Apply Panacea (Official Name – Panacea Consultancy Services) is committed to maintaining integrity, transparency, and trust in all our services. Fraudulent or unethical activities harm students, partners, and the organization. This Anti-Fraud Policy outlines how we prevent, detect, and address fraud or misuse in our operations.
Scope
This policy applies to all employees, contractors, partners, agents, and users of Apply Panacea services, including career guidance, psychometric assessments, language test prep, admissions, and visa guidance.
Definitions
We collect the following types of information:
- Fraud : Intentional deception, misrepresentation, or concealment to gain an unfair advantage or cause harm.
- Misuse Unauthorized use of Apply Panacea resources, services, or confidential information.
- Corruption Abuse of entrusted power, bribery, or unethical inducements.
- Third-Party Information: Data we receive from our partners (like psychometric testing platforms, IELTS/PTE portals, universities, or visa agencies).
Policy Principles
- Zero tolerance for fraud, misuse, or corruption.
- Strict internal controls, audits, and monitoring of activities.
- Clear channels to report suspicious activity confidentially.
- Investigation and corrective actions for all confirmed cases.
User & Client Responsibilities
- Provide accurate information for all counseling, assessments, and applications.
- Do not submit fraudulent documents or engage in deceptive practices.
- Report any suspected fraud or misuse immediately.
Reporting Mechanism
- Contact our Compliance Officer at complaint@applypanacea.com
- Reports are treated confidentially and investigated promptly.
Consequences of Fraud
- Termination of services or employment.
- Legal action as applicable under Indian law.
- Notification to relevant authorities if required.
Conclusion
Apply Panacea is committed to ethical, trustworthy, and professional service. Compliance with this policy protects students, partners, and the integrity of our operations.