Due diligence is a type of investigation conducted to uncover intelligence and facts about a certain matter. It is mostly produced in a business environment and is an essential exercise to mitigate risks and protect reputation and assets.
Over the past 3-5 years we have observed a considerable incline in companies taking a pro-active approach and hiring us to conduct due-diligence investigations before acquiring or merging with other companies, before dealing with new vendors or suppliers, before hiring new employees or before venturing off into new markets. Whether it has to do with substantially increased global fraudulent activities and capabilities or with business’s better understanding of risks involved, we’ve saved millions of dollars by accurately vetting ‘bad seeds’ and by raising ‘red flags’ where corporate internal mechanisms failed or were unable to do so.
The reason why we, as private investigators, are better at this than any HR team or a law firm, is simple, we continuously investigate criminal and fraudulent cases, those who have done wrong already, gone rogue, have turned on their business partners, have stolen or hidden important and sensitive information that later backfired, opened false companies and bank accounts, lied in their permits and jurisdictions of operations before obtaining contracts, hidden assets, etc. We know why enhanced due diligence will be important in the future, what to look for and where. We know what weak spots look like and we understand how these weak spots will affect business dealings. We uncover the risks before clients invest millions of dollars, accept proposals, make first payments or buy property. We have the expertise and experience required to help businesses avoid mistakes they may not be able to recover from. Investment into due diligence prior to making important decisions is a fraction of a cost that a client might have to spend later on post-factum investigation, litigation proceedings, reputation loss, unsatisfied customers, undelivered timelines, or even bankruptcy. Insurance may not cover the losses that arise, but a due diligence investigation will help businesses avoid short and long-term damage and liability.