Vcheck Global Announces Launch of Advanced AI to Scan Social Media Data in Connection with Background Checks and Due Diligence

VCheck Global, a leading provider of business to business due diligence background checks, has launched its new application to utilize advanced AI to scan social media data. The Company is offering this solution for corporate clients and financial institutions to gather and review an individual’s entire online identity which will generate an easy to read report based upon pre-set criteria …

French Billionaire Charged in Bribery Investigation

On Wednesday, numerous mainstream media sources reported French businessman Vincent Bolloré, Chairman and CEO of the investment group Bolloré, was charged by French investigators as part of a probe into the possible use of bribery in two African nations in order to obtain port contracts from public officials. Specifically, the investigation concentrates on suspicion of wrongdoing in the award of …

SEC Unveils Public Service Announcement To Promote Background Checks

Washington D.C., April 16, 2018 — The Securities and Exchange Commission today unveiled a public service announcement (PSA) to encourage investors to check the background of their investment professional by using the free search tool on Investor.gov before investing.  Investor.gov, the SEC’s website dedicated to individual investors, provides investors with tools and resources to help them invest wisely and avoid fraud. “Investor education is an important line of defense against fraud …

European Union Extends Iran Sanctions

On Thursday, Reuters reported the European Union extended sanctions for one year on Iran over human rights violations, after debating whether to impose a new set of penalties in an attempt to preserve the Joint Comprehensive Plan of Action agreement signed between the P5+1 countries (China, France, Germany, Russia, the United Kingdom, and the United States) and Iran in October …

Investigators Uncover Multi-Billion Dollar Sanctions Evasion Scheme

  According to The Washington Post, investigators have uncovered evidence of a multi-billion dollar corruption scheme which helped Iran evade sanctions for more than a decade. Iran is currently subject to United States Office of Foreign Assets Control (OFAC) sanctions for conducting destabilizing activites in the Middle East, including (but not limited to) the funding and training of terrorist groups, …

Resignation of Peruvian President Pedro Pablo Kuczynski   Last week, Peruvian President Pedro Pablo Kuczynksi, commonly known as PPK, resigned amid accusations of involvement in the biggest corruption scandal in Latin American history. The dispute involves Odebrecht, a Brazilian construction conglomerate, which in 2016 admitted to paying approximately USD 800 million in payoffs. Odebrecht paid approximately USD 782,000 in advisory …