Often, your inter-business partners and confidants can greatly enhance your business’s notoriety, but sometimes, a tragic oversight regarding a shady partner can stain the image your company has built for years or even decades.
But how can you, as a business owner, take steps to mitigate such a large risk?
Cue business checks.
For background companies, we’ve seen it all, and running a thorough check of any given business is pretty straightforward. Whereas you may not know where to start in your own research, we’ll be sure to check every angle – and relatively quickly.
Whether you need to understand who it is you are lending to, what type of person heads the company you want to partner with or what kind of business the suave marketer is selling, a business background check can ensure that your risk is alleviated.
In March of 2015, the USA Today reported that a Nigerian fraudster living in Canada posed as a Canadian business looking to buy computer materials from China, and he conned dozens of individuals out of nearly $13 million. By telling these scammed U.S. citizens that his company was looking for trustworthy individuals in the United States to serve as middle men, the fraudster tricked these men and women for years.
The scheme, however, was even more complex, for victims were eventually socially engineered into wiring money to fake corporations in China and Greece. The mastermind eventually admitted that he set up fake websites and emails to make these Chinese and Greek companies look legitimate.
One of the fake companies was called AEG Global Contracting Limited. Sounds pretty legitimate, doesn’t it?
While this is a nightmare scenario, losing any amount of money due to negligent business transactions is a hassle, and letting investigative experts take the lead in mitigating your risk could save you both embarrassment and money.