Definition
Due Dil•i•gence (due dῐl’ә-jәns) n. The degree of care that a prudent person would exercise, which is a legally relevant standard for establishing liability.
Corporate Con
In today’s very uncertain economic climate everyone needs to manage his/her risks with varying levels of due diligence. Because of the downturn in the global economy, corporate con-artists are developing new and improved ways to separate you from your money, not only in the U.S., but also overseas.
Just one of these corporate con’s is to declare Chapter 11 bankruptcy through a sham business blaming the real estate market, contraction in market share, loss of clients, and/or loss of credit worthiness; all the while avoiding personal responsibility.
Of course, due diligence is more than just investigating bankruptcy filings and Credit Reports, it takes a seasoned investigations firm to put the pieces of the puzzle together.
We have been investigating principals and businesses around the world for nearly 20 years and we have never seen such a spike in corporate con-artistry as we have in the last two years. By conducting due diligence with GObackgrounds.com you will substantially minimize your risk of being a victim/creditor of the next corporate con.
Our Due Diligence Packages can be applied to virtually any business scenario, in which exchange/investment/placement of capital is to be made, including but not limited to:
• Venture Capital Investments
• Mergers & Acquisitions
• Joint Ventures
• Private Equity Investments
• Vendor Risk Assessment
• Client Risk Assessment
• Personal Guarantees
• Real Estate Investments
Protect the legitimacy of your next deal by ordering one of our Due Diligence Packages. Sign Up today!
