The financial world is reeling today with the spectacular collapse of Orbital Spa and Cruise Lines' largest affiliate, the PanGalactic Travel Company, amid shocking revelations of fraud and embezzlement on the part of its Board of Directors.
According to an anonymous whistleblower, "it was all done very clean, very surgical. A few thousand here, a budget cut there and before you knew it millions of dollars were out of the company and into their pockets."
The company has been placed into administration, and taxation officers from the four Houses have descended upon PanGal's HQ, the Royal Liner Majestic, to go through the financial records with fine-toothed combs.
David Sanders, former CEO, has been placed under arrest for his alleged part in the scandal, though he protests his innocence. All of PanGal's flights have been grounded, creating chaos as thousands of passengers across the sector find themselves stranded in spaceports. The company's hotels have been closed until further notice. The "Two Sisters", Luxury Liners Athena and Minerva, are currently returning to drydock.
CNS will bring you further updates as the story unfolds.
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