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Resource ID: #21091
Subject: Trade
Source: Orange County Register (Santa Ana, Calif.)
Affiliation: 
Date: 2024-05-25

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Description

California set up foreign-trade offices around the world to boost the state's exports and lure investors from other countries. However, documents obtained by the Register showed the trade offices repeatedly made false and overblown claims about the business deals they said they were instrumental in landing. In their last annual report, the offices took credit-at least 31 times on deals totaling $4.2 million-for export or investment deals in which they played little or no role. Six times, they took credit for deals that, in reality, did not happen. Officials in the state agency that had oversight responsibility for the offices said they never checked the accuracy of the offices' claims and believed they had no reason to.

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