A well-established Canadian businessman reached out to Arcane after receiving an interesting offer from a fund that claimed to be part owned by one of the most well-known families in the Middle East. The businessman had been contacted by the CFO of the fund. The businessman, presented with this unique and unprecedented business opportunity had doubts- he recognized he didn’t have the proper tools to get the verified intelligence he was looking for to ensure the investment would be secure. 

Arcane started an extensive examination process of the fund. We utilized cyber-intelligence resources as well as intelligence connections across the Middle East to verify the CFO’s identity and the company’s official funds and assets. 

We found evidence of both fraud and identity theft. Our cyber team discovered the documentation sent by the CFO was purchased from a dark web forum; cyber tools were utilized to obfuscate official documentation; and the license of the investment firm was faked. A comprehensive background checks of the alleged board members of the fund, including their business associates and background, led to the discovery that none had connections to the fund. Our comprehensive assessment enabled the businessman to quickly and discreetly avoid fraud and protect his assets.