Arm yourself with information after a fraud has occurred.
Like companies in every industry, cannabis businesses are vulnerable to fraud, especially during an economic downturn. We regularly collaborate with our clients’ attorneys to support litigation strategies, especially when the client suspects that they have been defrauded.
Our litigation support work typically includes:
Deep investigations of executives and companies to identify material undisclosed information, such as prior incidents of fraud, financial distress, or criminal behavior
Asset tracing to identify indications that an executive has fraudulently transferred money from a business to themselves, family members, or other companies
“When it comes to the company’s executives, does the public record show that they’ve spent their money on luxury goods (say, a much more expensive mortgage and two fancy cars), or have they linked their personal financial well-being with that of the business? A lifestyle that is out of proportion to the performance of the business is a common indicator of fraud risk.”
Galen Diligence has been working with clients in the cannabis industry since 2015.
The Intrepid Industry
