CASES
DUE DILIGENCE - RISK MITIGATION - BACKGROUND CHECKS
Names and locations have been changed to protect the innocent, as well as the not so innocent.
A Safe Bet?
We tracked down and interviewed the former CFO of the Internet gaming company, who detailed Mr. Waye's flagrant abuse of the company's resources, for example: "He would fly to London first class, that was maybe $11,000. Business class was $6,000. He would have a limo waiting at the airport, then keep it waiting four hours while he had dinner. One trip would cost $30,000."
The former CFO also alluded to other issues on which he declined to elaborate, but commented "he is the least scrupulous guy I ever worked for".
There were also minor criminal charges and four lawsuits against Mr. Waye involving breaches of contract.
Because we were able to uncover the truth, the client decided they could not risk their reputation and did not proceed with the partnership.