Members of the Financial Community
FM: Larry Scherzer, President, Scherzer International
RE: Background Investigations in the Current Economic Environment

Ladies and Gentlemen,

As a part of its Risk Management Program, one of our financial services clients asked us to conduct a Prospective Client Background Investigation. This is a well-accepted best practice for protecting the firm’s reputation and minimizing legal liabilities.

SI’s investigation in 2006 revealed that the subject company and its principal were involved in dubious business practices. As you may have guessed, based on this initial discovery, our client declined the engagement.

Recent headlines have now verified, years after our investigation, that the prospective client had, in fact, been running what can best be described as a long-standing Ponzi scheme.

This experience demonstrates the benefits of obtaining background investigations that provide comprehensively researched and analyzed information as a key element in your Risk Management Program.

Please visit or telephone 800-SC-FACTS to find out more about managing business risk for pennies on the dollar… because we never take integrity for granted


Larry S. Scherzer