Showing Posts In "Due Diligence" Category

JP Morgan Says Startup Founder Used Millions of Fake Customers to Dupe It into An Acquisition

Posted Under: Due Diligence, Due Diligence on February 3, 2023

JPMorgan Chase is suing Charlie Javice, the former CEO of Frank, for allegedly lying about its scale and success by creating a list of fake users to entice the financial giant to buy it. The lawsuit claims that Javice pitched JP Morgan in 2021 on the lie that more than 4 million users had signed […]

Why You Should Do a Background Check on Potential Employers

Posted Under: Due Diligence on October 4, 2020

While it is important for employers to complete background checks on potential employees, it is equally as important for the job seeker to learn about a company before starting the application process. Conducting research should be part of a comprehensive job search strategy that also should include identifying the target companies, evaluating personal values, and […]

How to Avoid High-Risk Hires

Posted Under: Due Diligence on October 4, 2020

Fraud is and will only continue to be a hot topic in the business world, so it’s important to understand that routine background checks are inadequate to detect all critical information necessary to protect a company’s board of directors from fiduciary exposure and potential shareholder lawsuits. These background checks do not look at enough public […]