It might be true that great opportunities don’t wait for long, but in business, rushing can be one of the greatest mistakes anyone can make. If you’re worried about the authenticity of a company or its claimed representative in Russia, or simply want to be exercise some caution, you’ve come to the right place. Verifying the legitimacy of a new business partner before you have any dealings with them is always the smartest way to go. Scammers and online criminals are out there making a lot of money off of innocent people, and you don’t want to be the next victim to be duped, especially if you can avoid it with a company background check investigation in Moscow.

The most common practice for Russian scammers these days is to approach corporate executives, or medium to small businesses owners online, and offer them an irresistible deal. The pandemic has limited travelling, so all left is to conduct negotiations and close the deal online. The internet has benefited all the bad guys with the gift of anonymity and long distance. Fake companies can look quite professional and reliable online, but there’s no way to know for sure unless all the information is properly verified. That is why experienced private detectives in Moscow are so necessary.

Screening a Russian company prior to buying equipment or raw material, or prior to hiring their services is a wise move. According to investigators a company verification can prevent organizations from falling into major and costly traps involving foreign partners. Nobody wants to be in the position where their investment is lost, the sensitive data stolen, or the executives held accountable for a bad decision. That is why it is so important to value the power of information and reliable evidence.

How to verify the facts?

Start by asking the right questions. When you are going to enter into a new business deal, you will need information in order to begin with the investigation. Basic data like legal registration (in the case of a company) and full names and references of its main representatives or owners is extremely important.  Get as much information about the operations of the company, the exact address where it is located, who are their clients and providers, the name of the representative, any ID or documents, etc. The more information you have in your hands, the more Russian investigators can help you verify.

A very important part of the process is to find the right investigation firm to check all the data that you have been able to gather. If you’re in the U.S. or Canada, and you’re thinking of doing business with a new company or person in Moscow, you need a local and trained investigator who speaks the same language to verify facilities, reputation, business filings, references, and screen for fraud.

Keep in mind that company background checks are a first approach, but to pass the safety test you might need due diligence conducted by an experienced professional, who has deep knowledge of local and international regulations (labor, health, safety, environment, privacy). Having access to public and government records and knowing the right places to look for the information and evidence makes all the difference. So does working with a professional with highly ethical practices.  Always works with a reputable investigation firm with investigators in Moscow or St. Petersburg.

Wait for the evidence and take as much time as you need to think about this new deal. Informed decisions are smarter. Even if are close to a deadline or feeling pressured by the other party, never skip a proper investigation. It will save your company a lot of trouble and lost money and time.  If you are dealing with someone or a company in Russia, contact us for a free quote.

C. Wright
© Russia PI™

© Copyright Russia PI.  All Rights Reserved.  This content is the property of Russia PI, LLC and is protected by United States of America and international copyright laws.