Brief

A client engaged us to conduct due diligence on a potential partner in Brazil for a sustainable energy venture. The focus of the due diligence was on verifying the credentials of the founder of the counterparty, and the project’s legitimacy.

Approach

We carried out a thorough investigation analysing media sources, legal records across several Brazilian states, regulatory data, corporate records, and social media.

Findings

The investigation revealed significant concerns regarding the founder’s credibility and operations. Key biographical claims, including education and career milestones, could not be substantiated. Allegations of illegal land acquisition further suggested fraudulent activity.

Impact

The investigation revealed significant concerns regarding the founder’s credibility and operations. Key biographical claims, including education and career milestones, could not be substantiated or were exaggerated.