Due Diligence


Due Diligence- Recently, a lot of “Scam syndicates” targeting at corporation as well as individual by false pretend / pretext to swindle their assets or cash fund. For individual, on the pretext of accusing individuals for violating certain rules of regulation in another country, syndicate members impersonating as official in that country and requested the individual to reveal his/her personal financial data i.e., bank account and other details or instructed him/her to transfer their fine or, settlement fee to certain bank account. Similarly, corporation also could not receive the goods due to them after transferring the payment to the syndicate. All these scams could be avoided if proper due diligence was carried out on the caller, suppliers, vendors, contractors, and those potential business partners. As the saying goes, known your opponent well, will win the battle. Spyrrus thus, also offer due diligence services to our clients. We carry out investigation, background checks to verify the authenticity of any allegation presented by the caller/s. Cross border reference check with authority concerned, visiting the relevant department officially to obtain physical proof of so called “Violation or allegation” For corporate clients, we do physical check of parties involved in the business transaction by visiting their office, warehouse and reviewing/interviewing their customers and suppliers to ensure their dealings were legitimate and genuine. Put surveillance on them for monitoring and observation purpose whenever is necessary. Recce on their premises and putting up risk assessment report to advise our clients on every aspect of the business deal.