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Articles | Bishops Services

Crocodile Dundee Actor Paul Hogan Loses $34 Million in Australia’s Largest Embezzlement Investigation

June 15, 2017

Things down under aren’t going so well for the former star of the Crocodile Dundee film franchise, Paul Hogan. The Australia actor’s accountant, Phillip Egglishaw, lost $34 million dollars of the movie star’s money through a complex tax-evasion scheme over a period of several years. The once trusted business partner is now in custody.

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Former Bank of America exec and husband charged in embezzlement scheme involving nonprofits

June 7, 2017

Uh-oh, another executive has been caught with a hand in the proverbial cookie jar. This time it’s a former Senior Vice President of Bank of America from Boston, her husband and an associate, who were charged with embezzlement in a scheme that involved – wait for it – fraudulent donations to nonprofits in Atlanta and Boston.

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No. 2 Top Official in China’s Second Largest Oil Company Charged with Embezzlement

May 17, 2017

Yet again, the corporate world lends itself to invaluable lessons regarding careful vetting of top management being hired for positions that grant them access to power and privileged information. The former president of the global energy giant Sinopec Group has been sentenced to 15 1/2 years for graft, state media reported in January of this year. Wang Tianpu was jailed by a Chinese court after a lengthy investigation and subsequent trial.

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Don’t Get Zirk’ed Around

May 4, 2017

As has been recently released to the public by the FBI and the SEC, a California-based, self-described merchant banker was sentenced to prison for his part in a penny-stock fraud scheme that resulted in investor losses totaling a staggering $39 million.

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Ethics Executive Charged with $100 million Fraud

May 1, 2017

Embezzlement can strike any company and be committed by anyone, but the last person you would expect to embezzle approximately $100 million would be the executive in charge of ethics training.

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FBI Rapback is Daring New Approach to Due Diligence

May 1, 2017

A company invests a great deal of time and money into hiring the right candidate for high-level positions that will also meld seamlessly into the culture of the company and produce amazing results.

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Diploma Mills and Due Diligence

April 21, 2017

A resume is how companies around the globe get a first impression of a top tier candidate’s skills, experiences and qualifications before they meet they are met in person.

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NAPBS’ FCRA Certification Awarded to Bishops Services

March 30, 2017

Bishops Services, a Sterling Talent Solutions company is excited to announce that its Screening Solutions Group has successfully completed the FCRA Basic Certification from the National Association of Professional Background Screeners (NAPBS).

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Shaky Security

March 24, 2017

Sentinel is defined as “a soldier or guard whose job is to stand and keep watch.” This is a great irony considering the recent downfall of the Founder and Chief Executive Officer of a firm by that name.

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"Know Before You Grow....Your Portfolio"

February 16, 2017

The investigative due diligence process is one of the essential steps before making an investment decision - you need absolute confidence and trust that the company or person you are soon to enter into a high-stakes agreement with has disclosed all necessary information. Investigative due diligence is vastly more than a simple background check - it is a rigorous process that searches out potential liabilities and financial red flags, and should be tailored to each individual client’s needs.

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Due Diligence in Politics: Just as Important as in Business

February 8, 2017

Best practices dictate that when recruiting top level professionals or vetting potential business partners, companies need to obtain verification of the information that is provided by the candidate or subject, along with an investigation to uncover undisclosed information. This is becoming more and more standard practice in the private sector, but what about the political arena?

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Embattled New York Real Estate Agent Highlights Importance of Performing Due Diligence

January 18, 2017

At a time of increasing scrutiny of executive-level management positions, a due diligence screening process that is timely, accurate and exceptionally thorough is of top importance. Choosing a low-quality, cookie-cutter background check places your business, employees and reputation in jeopardy of lengthy legal proceedings and public derision.

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Bishops Services’ Melissa Kelley-Hilton Receives Two Awards From Women in Wealth Awards

December 22, 2016

Melissa A. Kelley-Hilton, Executive Vice President of Bishops Services is the honored recipient of two awards from the Women in Wealth Awards for her contribution as a businesswoman transforming the landscape of the global workforce.

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Bishops Services Honored with Two Awards From Wealth & Finance Magazine’s 2016 Alternative Investment Awards

December 22, 2016

Bishops Services unparalleled dedication to client service, innovation, and success was recently recognized with two distinguished honors from Wealth & Finance’s 2016 Alternative Investment Awards: Best Investigation & Corporate Due Diligence Firm (USA) and Recognized Leader in Pre-Investment Due Diligence (USA).

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Uncovering Résumé Lies

December 14, 2016

Consider the humble résumé - it is often the first-step to getting a new job, and also serves as your "paper" reputation in your industry and among colleagues. It's how potential business partners and employers "see" you until you meet in person. In an increasingly competitive job market, and with deal-making standards growing more stringent, individuals are searching for ways to compete with each other - one of the more common ways to give yourself an edge is by giving your résumé a makeover (unfortunately, too often enough through padding, embellishing, exaggerating, stretching the truth or downright lying).

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Melissa Kelley-Hilton Receives Corporate Vision Magazine's Award

December 14, 2016

Bishops Services is honored to announce that Melissa A. Kelley-Hilton, Executive Vice President, has received Corporate Vision Magazine's prestigious 2016 Businesswoman Awards for Best Woman-Run Corporate Due Diligence Firm - USA.

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Melissa Kelley-Hilton Selected As Judge For M&A Advisor Awards

December 14, 2016

Members of Bishops Services continue to garner recognition for outstanding performance and expertise with the announcement that Melissa A. Kelley-Hilton, Executive Vice President, has been selected as a judge for the 15th Annual M&A Advisor Awards.

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Reverse Psychology – Screen Your Prospective Employer

November 15, 2016

You’ve likely heard many voices proclaim the value of screening your employees before you hire them, but what about the reverse – screening your employer before you join?

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Happy Thanksgiving From Bishops Services

November 8, 2016

We share inspirational thoughts from the Bishops Services staff as they reveal what they are thankful for this Thanksgiving season.

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Power Shift

November 8, 2016

Learn how the power has shifted from investors willingly offering money to start-ups to caution and due diligence before investing in a new opportunity.

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Chelsey Franks Earns CFE Certification

October 5, 2016

As an industry expert in background screening, Bishops Services, a Sterling Talent Solutions company, is constantly keeping pace with on-going certifications to address the needs of our clients.

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First, Success; Then, Excess; Now, a Shut-Down

September 20, 2016

Statistics have proven time and again that living beyond one’s means is one of the key signposts of a fraudster. Individuals are often driven to commit dishonest or illegal acts in order to cover up or maintain an excessive and unrealistic lifestyle.

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Non-Traditional Businesses Still Need Traditional Due Diligence

September 15, 2016

Modern-day culture is constantly evolving. Taboos are dissolving right and left and this is opening up new areas for investment.

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Rinse and Repeat: Re-Screening as Part of Your Hiring and Retention Procedures

August 8, 2016

You invest time and money in pre-employment background checks to ensure you know who you’re hiring. But what if something were to happen after the person was hired, how would you know? While many employers rely on self-reporting policies, you may only find out there’s a problem when it’s too late.

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From Invisible To Infamous – For All The Wrong Reasons

July 28, 2016

Once dubbed “the most powerful person in Hollywood you’ve never heard of” by The Wrap in 2011, Omar Amanat is now a household name, but for all the wrong reasons. As reported by Bloomberg and numerous other media outlets, Amanat was arrested on July 13th and charged with participating in a conspiracy to defraud investors in Kit Digital Inc. Bloomberg reports that “his arrest widens the criminal case against Kit Digital, a technology startup.

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Stat Check 2016: Occupational Fraud and Abuse

July 22, 2016

If you recently attended Bishops’ webinar in partnership with the Association of Certified Fraud Examiners (ACFE), you were confronted with some sobering statistics on occupational fraud, including who commits it and how. The information presented was based on findings from the ACFE’s 2016 Report to the Nations, which comprised a global study of more than 2,400 fraud cases.

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Bishop’s Melissa Kelley Hilton Earns Prestigious Honor

May 16, 2016

Bishop’s Melissa Kelley Hilton Earns Prestigious Honor Colleagues from SterlingBackcheck and Bishops Services would like to congratulate Melissa Kelley Hilton our Executive Vice President of Bishops Services, on being selected as the winner of the 7th Annual Emerging Leaders Awards. Melissa was chosen from a pool of nominees, for her leadership accomplishments and expertise as a service professional. Melissa’s notable accomplishments in business and her service to the community made her stand out among her peers.

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Social Media Checks: A Not-So-Gray Area

April 22, 2016

You’ve likely heard or read something lately discussing the use of social media in gauging whether to do business, work with, or hire someone. It’s certainly the new frontier of a person’s reputation and public persona, which might make it worth taking into consideration in your vetting process.

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Don’t Get Swept Away: 5 Due Diligence Musts in the Alternative Lending Space

March 16, 2016

Various media outlets have reported recently that the lending business is heating up again – particularly the alternative lending marketplace. (See Business Insider and CNN for just a couple of examples.) Even the Small Business Administration, representing the more traditional side of lending, has recognized the need to branch out and provide more options and products for small business owners.

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Due Diligence Investigations Tailored To The Needs Of Each Client & Situation

March 1, 2016

Bishops Services understands that every situation, every investigation, every client is different. We leverage a staff of seasoned investigative experts, an expansive network of contacts and the very best technology available to perform due diligence that is tailored to the needs of the particular client and situation. Here are some recent examples of our investigative findings.

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Due Diligence Investigations Tailored To The Needs Of Each Client & Situation

December 21, 2015

Bishops Services understands that every situation, every investigation, every client is different. We leverage a staff of seasoned investigative experts, an expansive network of contacts and the very best technology available to perform due diligence that is tailored to the needs of the particular client and situation. Here are some recent examples of our investigative findings.

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Executive Hiring: Don't Get Tripped Up By the Cracks in the Pavement

April 23, 2015

If you’re accustomed to running standard, top-line background checks on your executive-level candidates, current executives and potential business partners, you might be surprised to know that you’re barely skimming the surface of all there is to know when it comes to the senior executive vetting process. As a seasoned investigator in the field, I’d like to share some insight into what can be found in those possible “cracks in the pavement” — before you and your organization find yourselves face-planted on the ground with a bruised reputation and bank account!

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It's A Bull Market For Background Checks

April 6, 2015

While the financial services industry is often criticized or even sued for its compliance breaches, it deserves applause for its diligence when it comes to background screening. In September, the Financial Industry Regulatory Authority (FINRA) announced a proposed rule that would streamline background checks for all member firms.

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Don't Let the Suit or Stethoscope Fool You

August 14, 2014

Looks can be deceiving and sometimes well-spoken, clean cut professionals aren't always who you think they are. Trust is often earned easily by professionals with seniority or an impressive title, so it's not uncommon for hiring managers to throw precaution to the wind and waive the background check. By allowing exceptions to be made to your background screening policy, you are leaving your organization open to significant financial and safety risks.

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Better Safe Than Sued

August 7, 2014

The old adage "better safe than sorry" provides a good lesson when it comes to background screening. A negligent hire can be incredibly damaging to an organization's reputation. Businesses shouldn't wait for something bad to happen before adopting a background checking policy, but rather be proactive in their screening approach.

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The Real Cost Of A Bad Hire Will Shock You

June 23, 2014

Despite all your hiring committees, phone screenings, in-person interviews, tests and other vetting tricks, you can still hire the wrong person for the job. It happens all the time and to the best of companies.

Take Yahoo, for instance. It’s been on a hot streak as of late under new CEO Marissa Mayer, but it (and Mayer) made an embarrassing blunder in hiring Henrique De Castro as COO in 2013. Barely 15 months later, De Castro—who made a bit of a bad name for himself at Yahoo (and at Google previously) with his confrontational management style — was unceremoniously let go. The real shocker? De Castro walked away with a $58 million payoff, possibly the largest golden parachute in corporate history.

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Establish and Follow a Background Screening Policy

June 3, 2014

In the event that a job applicant wants to legally challenge your background screening process or decision-making… are you properly prepared to defend your screening program? The answer to that question is likely the same as the answer to this question:

Do you have a background screening policy?

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The Perils of Faked Resumes

May 27, 2014

The recent conviction of 39-year-old New York portfolio manager Mathew Martoma for insider trading has reminded hiring managers everywhere of the dangers of not being diligent in pre-employment screening.

Martoma was a SAC Capital Advisors trader who was found guilty in February 2014 on multiple counts of securities fraud. But his recent conviction was preceded by a number of serious misrepresentations about his credentials.

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Due Diligence Background Investigations on Hedge Fund Managers in Latin America

September 2012

When considering a potential hedge fund investment in emerging markets such as Latin America, it is imperative to work with an experienced professional to navigate the often murky waters of due diligence. While this article focuses on hedge fund investing, much of the advice and guidance toward effective due diligence is applicable across multiple business transactions, including M&A and private equity investments, corporate partnerships and other investment vehicles.

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