DUE DILIGENCE INVESTIGATION
A major law firm – on behalf of its client – retained the services of Integris to conduct an enhanced due diligence investigation into a potential business partner in the Middle East.
The law firm’s client had been in negotiations about a multi-million dollar investment with a firm in the Middle East. This firm maintained a professional website with profiles of its senior executives, had provided a high quality corporate brochure and documentation about its history and projects.
Integris launched an in-depth due diligence investigation into the corporation and its principals. The investigation revealed that the company was in fact a mere shell company. All claims on the corporate website and in the provide documents were false. The profiles of the “management board” were pure fiction and the sole principal of the shell company had a history of fraudulent activities.
Based on the evidential facts the client did not to engage in a business relationship and potentially avoided a multi-million dollar loss.