In some instances there is a requirement to understand the possible motivations, people and companies behind specific transactions or business activities. Through our investigative service we can provide greater understanding of the broader context and circumstances surrounding these entities to enable informed decision making.
The issue. A client of a financial institution had unknowingly become the target of a scam involving the purchase of religious artwork allegedly valued at US$1 billion. The institution concerned requested that the client take on the services of Assaye Risk to perform due diligence.
Our approach. Open source investigation, use of databases, interviews, and comprehensive research were conducted over a compressed time period to provide a detailed report covering the individuals, companies and specific areas of risk that had been requested.
The outcome. Within five days Assaye had concluded the investigation and delivered the report preventing the institution’s client from making further fraudulent payments. The investigation flagged the fraudulent activity and then categorised entities as actively involved, unwilling participants and victims.