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Think Twice About Not Practicing Due Diligence

When one has questions about legal matters one speaks with a lawyer, anything about the car a mechanic.  Questions surrounding the recent scandals in New Jersey and New York are best answered by members of an anti-money laundering agency or an anti-corruption agency.  What many criminals do not know about, or perhaps do not consider a concept important to follow through with, but what many of those working to catch those criminals do, is the concept of due diligence.

Due diligence refers to the steps and the procedures in which one takes to know exactly with whom one is doing business.  This just involves taking measures and following steps that those in with we come into contact with and whom with we choose to do business, are trustworthy.  If the men involved in the scams had partners that were trustworthy, they would not have been captured.  One of the key witnesses in breaking the case, as well as the one who will testify is Solomon Dwek.

Dwek was arrested in 2006 by the FBI, in a case of fraud that totaled upwards of a couple million dollars.  His case is not resolved, but he had been wearing a wire when helping the resolution of the ten year investigation into the racketeering and the fraud involved in Brooklyn and New Jersey.  Any person considering Dwek’s credibility would have noticed something was amiss, and considered as well as sufficiently research the idea that he might have turned state’s witness, might have gone to the side of the lawmen in order save himself, given the status of his case at that time.  But none of them did.  Not even the highest of the criminals, the one in charge thought to have Dwek checked out.

One of the first clues was upon their first meeting when Dwek suggested that he be the consultant on the heist.  Now, one in the know may either think that the man either did not have enough experience to suggest that someone else take this tedious role, one in which is notable to law enforcement agencies, or they would maybe have considered the fact that he was working undercover in order to save his own skin.  These men that were arrested a few months ago will be spending a lot of time in jail, and one of the reasons for that is that they did not investigate the people with whom they were doing business.

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Tags: due diligence, fraud, New Jersey, working undercover

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