Money Laundering in China: Where Do Illicit Flows Come From and Where Do They Go?

By Sun Shen Like many other major economies, China has been operating in a global context and has seen a dramatic increase in inflow and outflow of funds in recent years. However, as it becomes more and more integrated into the global economy, the country is exposed to multinational money-laundering schemes. Despite recent measures by the Xi Jinping administration to …

Investigative Due Diligence – Deep Dives – Vcheck Level II Report

Intelligence gathered from Investigative Due Diligence (“IDD”) can make or break a transaction. Before a typical partnership or M&A, clients will focus on several unique aspects in the due diligence process, but the three main categories are: Legal, Financial, and Investigative. Legal and Financial due diligence largely rely on documents and history provided by the target, followed by document-intensive validation. …

Evidence of Corruption Found in Spanish Degrees

Last Monday, Spanish Judge Carmen Rodríguez-Medel found evidence that the new leader of Spain’s opposition party, the conservative Partido Popular (People’s Party, “PP”), Pablo Casado, received a master’s degree in regional public law from Universidad Rey Juan Carlos in 2009 under questionable circumstances. Earlier last week, a student at the university who had a file traced to Casado admitted that …