Archive for the ‘personal due diligence’ Category

2013: The Year of the Snake   Leave a comment


RADA conducts due diligence and business intelligence investigations in Russia, Ukraine, Belarus, Poland, Romania, Moldova, Latvia, Lithuania, Estonia, Armenia, Azerbaijan, Georgia, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan.


Kim Jong Il Visits Russia   Leave a comment

North Korea’s leader Kim Jong Il paid a quick visit to one of Russia’s largest hydroelectric power plants on August 21, 2011, and then boarded his armored train bound for Siberia, where he is expected to meet later this week with Russia’s president to press for economic aid.

Mr. Kim, who is said to fear flying, has made armored train his preferred conveyance to Russia in the past. Mr. Kim’s last foray into Russia was a four-day jaunt in Russia’s Far East that was little publicized.

South Korea’s Yonhap news agency said Mr. Kim’s train Sunday left Amur in Russia’s Far East after he visited the power plant, and it is heading to Ulan-Ude for his summit with Mr. Medvedev, which will take place Tuesday at an army base.

A. A. Deyneka Exhibit In Rome Inaugurates 2011 As Year Of Italian And Russian Culture   Leave a comment

An exhibition of paintings by Soviet artist Aleksander Aleksandrovich Deyneka (1899-1969) opened in Rome on Thursday, inaugurating a year packed with hundreds of joint cultural events between Italy and Russia.

The paintings on loan from Russia depict famous scenes from the Russian Revolution and World War II, but also nudes and images of daily life in the Soviet Union with factory workers, sportsmen and children.

Deyneka came from a family of railroad workers and started out as a police photographer after graduating from art school. He made mosaics in the 1930s for Mayakovskaya metro station in central Moscow.

Russian President Dmitry Medvedev visited Italy this week and said the 12 months ahead would see some 500 events organised by the two countries including exhibitions, concerts, film showings and plays.

The Deyneka ehibit runs in Rome’s Palazzo delle Esposizioni until May 1.

Happy New Year – С Новым Годом!   Leave a comment

Happy New Year!

С Новым Годом!

Personal Due Diligence Case Study – “The Digital Girl”   3 comments

the_digital_girl_for_web1A businessman encountered this “girl” on the Internet and developed what he believed to be a sincere friendship with her. She told him things were not going well for her in Russia, and asked him for money.

He ended up sending her over $10,000. Then certain aspects of her behavior made him suspicious, and he contacted RADA.

At his request, a personal due diligence investigation was conducted. A check of Russian databases showed that no person with her name (she had provided a copy of a “passport”) resided where she said she did. The street exists, but the exact address could not be located.

This was confirmed with an on site visit, using the photographs she had provided. No one living near the address recognized her name or face.

An examination of the headers of the emails suggested that “she” was emailing from  Poland and Slovenia (often on the same day), but never from Russia.

But what about the money? The bank account exists-in a bank in Moscow, but the account holder’s name is nothing like the name the girl provided; in fact, the account holder is a man!

The Russian authorities are conducting an investigation, but, since the money was freely transferred, it is not clear what the outcome will be, and the businessman is understandably disappointed.

Incidents such as this are by no means confined to Russia, and there are just as many fraudulent “digital boys” as “digital girls” out there to trap the unwary.