Due Diligence Business Report

The LexisNexis^® Due Diligence Business Report provides a customer profile visualization and the source data of the LexisNexis^® Due Diligence Attributes along with additional financial crime risk data. The report has unique features and custom analytics, making it fast and easy to locate critical information during your due diligence investigations.

Report and Results Elements and Icons

Reports and results contain elements that provide information to help you complete additional research actions.

For a list of possible elements, see Report and Results Element Descriptions.

For a list of possible icons, see Report and Result Action Icons.

Reports and results may contain risk indicator flags. Risk indicator flags indicate a potential risk that may need further investigation. For information about risk indicator flags and other informational icons, see Informational and Risk Indicator Icons.

Depending on your product subscription and administrative settings, you may not have access to the report or some of the information in the report.

Report Section Descriptions

The following table contains descriptions for each section of the report.

Report Section Descriptions

Section

Description

Header Information

This section provides general information about the report.

Generated On: This line displays the date and the time when the report was generated.
Search Terms: This line displays the search terms that you entered into the search form.
Report Created For: This line displays who the report was created for.

Business Information

This section provides general information about the business, including the name, the input address, the best address, the phone number, the established date, the business LexID^®, the TIN (taxpayer identification number), the best NAICS (North American Industry Classification System) code, and the best SIC (Standard Industrial Classification) code.

Due Diligence Attributes Customer Profile

The customer profile provides insight to help quickly determine the overall susceptibility of financial crime risk and drive further investigations and reviews into the day-to-day activities surrounding onboarding, customer risk rating, remediation activities, due diligence investigations, and ongoing monitoring.

This section returns indices that represent the level of association that the business has with each attribute, with 9 indicating a high level of association, evidence, or number of events, and 1 indicating a low level of association, evidence, or number of events.

You can point to the index to view an explanation of the index value.

Attributes are organized into the following categories:

Economic Attributes
Operating Attributes
Legal Events Attributes
Network Attributes

Attribute Flags

This section returns attribute flags. More than one index value can apply to a business for some of the Due Diligence attributes. A check mark indicates that the attribute level is true. An x indicates that the attribute level is false.

Caution Flags

This section returns caution flags. These flags are risk indicators that are associated with different attributes that were found for the business record.

Economic - Attributes & Data

This section provides information about the business's current and historical ownership of businesses, real property, aircraft, watercraft, and motor vehicles.

The following details provide insight into the data that is used to calculate the economic attributes:

Economic Attributes Summary

This section returns a summary of the economic attributes that were returned.

Real Property

This section returns information about real estate assets that are associated with the business, including the property address, ownership details, city risk, county risk, and a map of the properties.

You can select Prior Addresses to display prior addresses on the map.

Aircraft

This section returns information about aircraft that is associated with the business, including the year, the make, and the model, the type, the number of engines, the tail number, the serial number, and the registration date.

Watercraft

This section returns information about watercraft that is associated with the business, including the year, the make, and the model, the vessel service type, the length, the propulsion, the HIN (hull identification number), title information, and registration information.

Vehicle

This section returns information about vehicles that are associated with the business, including the license plate type, the vehicle class or type, the year, the make, and the model, the base price, the VIN (vehicle identification number), title information, and registration information.

Operating - Attributes & Data

This section provides information about the business, including address risk, industry risk, corporate status, structure type, SOS (Secretary of State) filings, public-record reporting, and shell/shelf risk.

The following details provide insight into the data that is used to calculate the operations attributes:

Operating Attributes Summary: This section returns a summary of the operating attributes that were returned.
Operating Locations: This section returns information about evidence that the business is located in a higher-risk geographic location, including the address, the address risk, the city risk, the county risk, and a map of the operating locations.
Operating Information: This section returns operating information, including business name variations and DBA (doing business as) names, annual sales, the structure type, the parent company, TIN association, and whether the business potentially operates out of a home office.
Sources Reporting: This section returns information about the report sources, including the source name, the source type, and first and last reported dates.
Incorp./SOS: This section returns incorporation information, including the name, the filing structure type, the filing status, the filing date, the last seen date, the filing number, the state, and actions.
Industry Risk: This section returns information about evidence that the business is in a high-risk industry, including SIC codes, NAICS codes, reported dates, industry risk, cash intensive business information, MSB (money services business) information, NBFI information, and type of business information.
Shell Shelf Characteristics: This section returns information about whether the business has the characteristics of a shell or shelf company, including business characteristics, reporting source characteristics, address characteristics, registered agent characteristics, and whether the business is a potentially-aged business.

Legal Events - Attributes & Data

This section provides information about legal events that were reported for or are associated with the business or a BEO (business executive officer) through public records.

The following details provide insight into the data that was used to calculate the legal events attributes:

Legal Events Attribute Summary: This section returns a summary of the legal event attributes that were reported.
Possible Criminal Records: This section returns information about possible criminal records, including the name of the business executive or owner, the state in which the offense was reported, the government-source type of offense, the reported case number, the statute that is reported for the offense, the first and last reported seen dates, the offense court disposition date, the offense type level, the offense type, the charge, whether a conviction for the offense was reported, the DOC (Department of Corrections) status, and whether the offense was traffic related.
Possible Judgments/Liens & Landlord/Tenant Disputes: This section returns information about possible judgments/liens and landlord/tenant disputes, including the business name and address, the filing number, the filing amount, the filing details, the filing date, and agency information.

Network - Attributes & Data

This section provides information about the business's network, including BEO, registered agent, and linked business information.

The following details provide insight into the data that was used to calculate the network attributes:

Network Attributes Summary: This section returns a summary of the network attributes that were returned.
Business Executives and Owners Title History: This section returns information about business executive and owner titles, including names, LexID numbers, the title, and the first and the last reported dates.
Business Executives and Owners Professional License History: This section returns information about business executive and owner professional licenses, including names, LexID numbers, the license type, the status, the type, the issue date, and the expiration date.
Business Executives and Owners Characteristics: This section returns information about business executive and owner characteristics, including information about the SSN (Social Security number), whether the executive or owner is associated with other businesses, and the level of U.S. residency risk.; Non-U.S. residency characteristics may indicate the individual is not originally from the United States and therefore may have potential ties outside the United States.
Registered Agents: This section returns information about registered agents, including the name, address, whether the address matches the input business, the number of businesses at the address, the number of businesses at the address that do not have a TIN number, and the number of businesses at the address that are incorporated in the a state with loose incorporation laws.
Linked Business Overview: This section returns information about the risk that is associated with businesses that are linked to the input business.; Risk is defined through criminal event activity of a BEO, professional licenses of a BEO, and the geographic location of the linked business.