Wed, Feb 26, 2020
Case Study – Source of Funds and Reputation Due Diligence for Potential Owner
A football governing body asked Kroll to conduct an urgent source and scale of funds-focused review on a potential new owner of one of its top tier football clubs. The regulator wanted Kroll to focus on the subject’s source and sustainability of wealth and their reputation.
The subject had a limited public profile, but we discovered that he had ties to multiple jurisdictions around the world. In a limited timeframe, Kroll analyzed public records in local languages and discreetly spoke to sources in several jurisdictions, enabling us to develop a picture of the subject’s background and commercial track record.
Our research uncovered fraudulent investment schemes linked to offshore entities, extensive litigation against the subject and falsified financial statements. We also ascertained that the subject had significantly exaggerated his wealth.
Sign Up for Kroll's Global Risks in Sports Newsletter
Sign up to receive periodic news, reports, and invitations from Kroll. Our privacy policy describes how your data will be processed.
Forensic Investigations and Intelligence
Kroll’s forensic investigations and intelligence team delivers actionable data and insights to help clients across the world make critical decisions and mitigate risk.
Intelligence, Transactions and Due Diligence
When organizations worldwide need intelligence, insight and clarity to take decisive action, they rely on Kroll.