Thursday, December 11, 2014
Creditors need to keep tabs on their defaulting debtors, especially if the debtors continue to enjoy a financially-sound lifestyle despite their supposed lack of wealth. Fraud should not be tolerated, but proof of a debtor’s scheme should be first ascertained before a creditor can make a legal move. For instance, the federal department depicted in the article discovered that the investor operated multiple companies to transact illegal offshore schemes. Exhaustive asset investigations conducted by private investigation companies like Phenix Investigations Inc. can help creditors discover such information, and determine whether or not a borrower is truly incapable of paying back the debt.
Tuesday, December 9, 2014
If you notice any of the red flags above or have any reason to suspect that an employee is illicitly benefitting from workers’ compensation, do not hesitate to hire a trusted surveillance investigator, like one from Phenix Investigations Inc. An experienced private investigator can help compile evidence that confirm the truth, as well as help you alert local law enforcement about the fraudulent act.
Sunday, December 7, 2014
A business partnership makes both parties legally responsible for the actions of the other. This is why many large corporations do their homework and try to find out everything they can about a business before agreeing to a partnership. In some cases, a company may opt to have thorough corporate investigations done to find out all they can about their potential partner.
Friday, December 5, 2014
Regardless of the amount involved, embezzlement must be curbed before it results in financial troubles for the company. The business owner should consider seeking help from professionals like Phenix Investigations Inc. that perform private investigations to increase chances of exposing the perpetrator and finding irrefutable proof of his fraudulent activities. Not only will this uncover any fraudulent acts done by employees, but whatever the investigation finds can also reveal techniques to improve processes within the company that will aid in avoiding similar schemes in the future.