Multinational medical supply company sought to contract with a fraudulent partner in Egypt

Due diligence: a multinational medical/healthcare supply company sought to contract with a potential partner in Egypt. The company engaged CRI® Group’s due diligence services to ensure that there were no regulatory or reputational problems associated with the outside group, and sought information regarding their track record, integrity and reputation. While researching the potential partner, investigators found a lack of information among corporate registration authorities, the local chamber of commerce or other resources to confirm that the company was who they claimed to be.

Research showed no physical locations – in fact, the main address claimed by the company was found to be a residential site with no indication of business operations. This FREE ebook examines the lessons learned from this case study and what to do to protect your business if you find yourself in similar situations.

Download the FULL CASE STUDY here!

Who is CRI® Group?

Based in London, CRI® Group works with companies across the Americas, Europe, Africa, Middle East and Asia-Pacific as a one-stop international Risk Management, Employee Background Screening, Business Intelligence, TPRM, Due Diligence, Compliance Solutions and other professional Investigative Research solutions provider. We have the largest proprietary network of background-screening analysts and investigators across the Middle East and Asia. Our global presence ensures that no matter how international your operations are we have the network needed to provide you with all you need, wherever you happen to be. CRI® Group also holds BS 102000:2013 and BS 7858:2012 Certifications, is an HRO certified provider and partner with Oracle.

In 2016, CRI® Group launched Anti-Bribery Anti-Corruption (ABAC®) Center of Excellence – an independent certification body that provides education and certification services for individuals and organisations on a wide range of disciplines and ISO standards, including ISO 31000:2018 Risk Management- Guidelines; ISO 37000:2021 Governance of Organisations; ISO 37002:2021 Whistleblowing Management System; ISO 37301:2021 (formerly ISO 19600) Compliance Management system (CMS); Anti-Money Laundering (AML); and ISO 37001:2016 Anti-Bribery Management Systems ABMS. ABAC® offers a complete suite of solutions designed to help organisations mitigate the internal and external risks associated with operating in multi-jurisdiction and multi-cultural environments while assisting in developing frameworks for strategic compliance programs. Contact ABAC® for more on ISO Certification and training.