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FROM THE - CHRONICLES of Monte Friesner – Criminal & Intelligence Analyst and Consulaire for WANTED SA~
~Contributed & Written by Kenneth Rijock ~
BEYOND ENHANCED DUE DILIGENCE
There are instances where even Enhanced Due Diligence is insufficient. especially where Source of Funds, or absolute identification of Beneficial Ownership is a mandatory component of your investigation. Some instances where this is the case:
(1) Immigrant Investor Programmes. where government agencies require strict verification of Source of Funds information.
(2) Taking on a new business partner, mergers & acquisitions, and other complex transactions.
(3) Investing in the developing world, where a Western investor is taking a minority share in a local company. You do not want to be associated with someone who i a liability
There simply is no commercially available source of what I can only designate as Enhanced Due Diligence Plus, and it is sorely needed. Where would one go for such business intelligence ? Probably the larger private investigative firms, but they do not always have asset in the specific area you need.
There is a real gap here; I wonder when someone will devise a solution ?
(1) Immigrant Investor Programmes. where government agencies require strict verification of Source of Funds information.
(2) Taking on a new business partner, mergers & acquisitions, and other complex transactions.
(3) Investing in the developing world, where a Western investor is taking a minority share in a local company. You do not want to be associated with someone who i a liability
There simply is no commercially available source of what I can only designate as Enhanced Due Diligence Plus, and it is sorely needed. Where would one go for such business intelligence ? Probably the larger private investigative firms, but they do not always have asset in the specific area you need.
There is a real gap here; I wonder when someone will devise a solution ?
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WANTED SA kindly thanks US Treasury, Kenneth Rijock, AFP, Reuters, BBC, Associated Press, DEA, FBI, ICE, Westlaw, Arutz Sheva, and all the Parties, Press, Journalists, Law Enforcement and Securities forces who have contributed to the many articles and their sincere opinions and statements.
WANTED SA states that the facts and opinions stated in this article are those of the author and not those of WANTED SA. We do not warrant the accuracy of any of the facts and opinions stated in this article nor do we endorse them or accept any form of responsibility for the articles.
