New levels of Entity Investigation technology to empower any organisation fighting financial crime


We recently shared a post that highlighted the compelling reasons as to why Companies House data can’t always be taken at face value. The reaction to the post further demonstrated the wide appetite from investigation teams for entity investigation technology that can accurately analyse and explain complex entity data.

The ability to rapidly identify entity related red flags is very powerful in the hands of any organisation that is fighting financial crime. However, it is not just the domain of the financial services sector. From authorities and regulators who enforce legislation to enterprises and organisations that need to protect business reputation and interest, this is a global need.

New Entity Investigator line of enquiry

Our Entity Investigator solution replicates the traits of expert investigators by using over 75 typologies to follow leads and interrogate connections in data. This means you can uncover complex activity that can be risk-flagged and accompanied with further entity investigation instructions that are readable and actionable by analyst teams. We recently utilised publicly available data sources (including UK companies house and several international data sources) to follow a line of enquiry into UK registered businesses that were linked to overseas activity (countries including Latvia and Ukraine) as well as recognised secrecy jurisdictions. This investigation identified c.800 businesses in the UK through a system of red flags that reflect risk levels ordinarily applied to particular entity traits.

Looking beyond surface data

Green Trace LLP was one such identified entity that presented several red flags. Although there is no suggestion that the company is a bad actor, the process did surface traits that an experienced investigator would deem worthy of further investigation.

Initial Companies House data checks on the surface may have appeared satisfactory (company registered in the correct manner, named directors, accounts submitted in line with requirements etc.), but a more in-depth analysis highlighted a different story.

Green Trace LLP was incorporated in 2007 by the little-known firm of Maurice J Bushell with designated members based in Singapore. Although there were links to several different companies, it was a connection to Weddell Trace LLP and their change of designated members in 2009 to Ireland & Overseas Investments Ltd and Milltown Corporate Services Ltd that raised concern given their strong links to laundromat cases.

Our Head of Financial crime, Graham Barrow, used Entity Investigator output as the basis to conduct a more in-depth investigation into Green Trace LLP that you can read here. This deeper investigation shines a light on flags such as the constantly changing company address, designated members and PSC’s, alongside accounts that were amended for 4 years to include Net Non-Current Assets that ran into the £millions. Investment in Latvian based businesses and connections to serial accounts signatory Ali Moulaye are all part of a fascinating investigation.

Rapidly uncover red-flag risks

Caspian entity investigation technology highlighted several risk indicators in relation to Green Trace LLP in a fraction of the time that an analyst team would achieve. Flags included:

  • Multiple entity address changes
  • Historical dormant account status
  • 493 registered companies registered to the same address
  • International transactions and links to secrecy jurisdictions relating to both company activity and designated members/PSC’s

Fight crime AND do good business

This example is one of several hundred similar companies in the same investigation that were identified as having traits that would warrant further investigation by authorities or financial services investigation teams. Caspian is committed to continuing to share such insights as part of our mission to support the global fight against financial crime. However, it’s not just about finding financial crime activity. It’s just as important to rapidly identify and allow good business to flow through organisations to enable business growth and avoid costly human investigations. With the right entity investigation technology, you can do both.