GOOGLE YOUR SHIZ HERE!

Friday, September 12, 2008

INVESTOR ALERT: Getting your nose on crooks and scamsters online

In this day and age, you can get a load of information on the internet about someone's character, especially when you don't know them that well or when Google is not enough. In my job, I come across hundreds of companies with executives posing as experts but end up as crooks with criminal records. As part of due diligence it is necessary for me to do a criminal background check of people we deal with offshore. Hiring a detective the old school way would be difficult. There are ways online on how to do a background check with the availability of government records online. My wise tip for "Long" investors is to do a criminal check on people involved in the companies. This is part of assessing the stability of the company based on their character as individuals.

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