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In early 2022, a fast-growing fintech start-up in Bengaluru was looking to outsource its branding and PR work. One of the top proposals came from
“News Express Post”, a sleek media agency offering premium services at competitive rates. The founders, a couple named
Leena Paulose and Sukesh Chandrasekhar, came across as professional, well-spoken, and carried an aura of luxury.
The management was impressed and ready to proceed, but their
internal compliance team insisted on a mandatory Background Verification (BGV) before finalizing the contract.
What started as a routine check quickly raised red flags.
The BGV report showed:
- The company was recently incorporated, with no GST filings or employee history.
- Sukesh was listed in multiple ongoing criminal cases, including fraud and extortion.
- Media reports tied the couple to a %u20B9200-crore scam involving fake businesses and money laundering.
Stunned, the start-up immediately withdrew from the deal.
Weeks later, national news confirmed the couple’s arrest in a massive financial crime operation.
That simple BGV check saved the start-up from reputational damage, financial loss, and legal exposure.
Fraudsters often hide behind polished profiles and fake businesses. A robust BGV process is not a formality—it’s your first line of defence.
Contact us today.
Phone no. 91-7982797109
email ID- team@corporateinvestigationsindia.com
14 Jul, 2025
