Why our due diligence is superior

While conducting IntegraCheck® | Integrity Due Diligence at the Client’s request, we found that the target company was purposely and fraudulently, using the credentials of a legal representative who had died five years to secure contracts, avoid legal liabilities and illegally stay in business.

Using our team’s local expertise, insights and country knowledge, we informed the Client that operating with a dead or inactive legal representative may lead to the revocation of a business licence by local authorities, thereby heightening the possibilities of business interruptions and financial losses.

Failure to alert authorities of the status of its legal representative may entail that the target company is trying to avoid legal liabilities levelled against it and its legal representative.

After extensive and thorough analysis of related documentation, our Shanghai-based Research & Analysis Team highlighted the business risks of doing business with entities whose legal representatives are dead, and why enhanced due diligence is a better option in China.  

Fraud

Make better decisions, order your due diligence report here. Know how your partners are performing in markets you do business in or visit our website www.redflaggroup.com to learn more about our seventh generation due diligence reports, IntegraCheck® 7.0.

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When simple screening is not enough
When simple screening is not enough

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