Risk Prevention
In China, business investigation is always a kind of edge profession. It is more than twenty years since China has adopted the reform and open policy. The business trade between China and overseas countries is more and more frequent, and at the same time, business fraud is becoming more and more. Therefore, how to controll business risk becomes very important. At present, many chinese enterprises and foreign-founded companies have realized it and adopted lots of measures to control business risk, which will offer the business investigation profession a splendid future. For one company, reputation and credit is the basis of living. Before cooperating with others, many companies will investigate their paterner’s business background, due diligence, credit record, asset and so on through professional investigation copany in order to prevent business risk. Following is a very typical case: Beijing orient business investigation company accepted a foreign client’s assignment to investigate the business background of one fund investement management company located in Hongkong and two managers of this company on August, 2006. This foreign client wanted to invest in Hongkong through that fund-investment management company. Considering the huge investment account, so they decided to investigate the subject company. After accepted this assignment, our investigators began to find out all of materials related to subject company. To the surprise, our investigator did not find the subject company’s website on internet. According to the materials client offered, subject company was a large company and should have its own website. Then our investigators called the subject company and asked to talk with the general manager in the name of investing in Hongkong. The operator was very sensitive and always asked investigator that how he knew the telephone number, the investigator said one friend told him. The operator continued to ask what the name of investigator’s friend. The investidator felt that the operator seemed not happy to receive stranger’s phone, which was very doubtful. The investigator asked to talk with manager, but was confused several times by all kinds of excuses. Through our resourse, investigators contacted with the building’s property management of the subject company and was told that the subject company had moved out for a long time. Then our investigators contacted with Hongkong administration office for industry and commerce and did not find the subject company’s registration information, so subject company was illegal operation. Our client finally decided to choose another company to cooperate with and prevented the potential business risk successfully. In addition, marital investigation is also a very important part in business investigation. Love is blind. In the lover’s eyes, he /she should meet the lover’s need without doubt. So many badman use marriage to cheat others. Following is a typical case: At 10:00am of one day in 2007, one foreign boy called Beijing orient business company and asked to investigate a girl who cheated him. The foreign boy told us that he knew a girl on the end of last year and falled in love with her when he was in China. The girl also loved him very much. After spring festival, he was back to America to deal with his business and then he received the girl’s phone. The girl said she got a bad disease and needed a lot of money, so the boy soon posted one thousand dollars to the girl without hesitate. Afterward, the girl’s illness became much heavier and the boy posted her more than ten thousand dollars. But one day the boy suddenly did not contact the girl , her phone was power off. After many days,the girl’s phone was still power off, which finally cause the boy’s doubt. After accepted this assignment, our investigator first contacted with the hospital which girl once hospitalized, but never found the medical case of the girl, then we offered one piece of receipt opened by the hospital’s financial office. The office worker told us the receipt was fake after her verification. Then we called at Beijing Police and knew that there were fraud gangs recently and cheated others’ money in the name of marriage. In a word, although business investigation is a new field in China, the economic development and market need will bring a splendid future for it. Beijing orient business investigation company has established more than ten years and has very rich investigation experience. We have won a very good reputation from our clients depending on our professional knowledge and successful operation.