Worldwide and Panama Due Diligence Investigations


Worldwide and Panama Due Diligence Investigations.

Panama keeps on being the country of choice for money laundering in the whole of Latin America.

Unfortunately, the geographical position, a well developed international banking system, a few prosecutors who close the investigations of money laundering y financial fraud cases, without even starting to investigate anything, facilitate the coming into Panama of foreigners who come from countries that are very much involved in drug trafficking, such as Colombia, Mexico, Venezuela and Guatemala. This is why if you want to do business with companies and/or individuals in Panama, you need to hire professionals who know how to conduct worldwide and Panama due diligence investigations.

Luckily, not all the prosecutors are the same. There are a few prosecutors that do a good job. The First Prosecutor Office for Drugs, for example, is investigating people who entered the country through the Tocumen International Airport, coming from Guatemala, and bringing amount of money for less than 10,000 USD.

Apparently, these people are part of a red of mules who import money that cannot be justified. The authorities of Guatemala indentified 21 real estate companies involved and issued arrest warrants for their representatives, who let their name used to make the transactions.

Whenever a bank is requested to open a corporate bank account or a lawyer to incorporate a new offshore company and whenever a foreign company wishes to enter into commercial relationship with a company in Panama, it is very important to check if the company is not a “paper company” used for money laundering.

ISOG private investigators and private detectives can conduct a due diligence of the companies incorporated in any jurisdiction and citizens of any country you wish to do business with.

ISOG private investigators and private detectives are experts in worldwide and Panama due diligence investigations.