Jersey Convicted Narcotics Trafficker Profiled by World-Check Since 2002

LONDON - Described as a property developer on the Sunday Times Rich List, Curtis Warren was considered a man of substantial wealth and influence with a reported hidden fortune estimated at GBP300 million. World-Check, the leading provider of end-to-end risk management services identified and profiled Mr. Warren as a heightened risk individual from as far back as 2002.

World-Check supports the compliance programmes and screening systems of more than 100 Jersey institutions, including 44 of the 47 Banks operating on the Islands. World-Check risk intelligence is the most far reaching available, enabling these institutions to adopt effective screening programmes.

“Every time a case like Warren’s arises it reinforces the importance of using the most comprehensive intelligence for background screening on the people and organisations you are considering doing business with” said Daniel Peak, Chief Executive Officer of World-Check. “While a few years ago the focus of due diligence practices was on complying with regulations to prevent money laundering and the disruption of terrorism financing, today due diligence is seen as a key business tool to mitigate a myriad of risks including the reputational risks posed by inadvertently aiding and assisting the financial activities of organised crime syndicates.”

Using the World-Check service to conduct due diligence on Warren at any point in the last seven years would have highlighted enough red flags to give second thoughts on doing business with him. Warren’s conviction on 7 October, for his role in a cannabis smuggling plot, highlights the importance of mapping the risks posed by potential business partners, clients, suppliers and associates.

About World-Check

Trusted by more than 3,800 institutions in over 160 countries, including 49 of the world’s top 50 banks, World-Check offers an end-to-end solution for assessing, managing and remediating financial, regulatory and reputational risks.

World-Check’s global database of Politically Exposed Individuals (PEPs) and heightened risk individuals and entities, due diligence reports, passport verification and country risk assessment tools provide the means to address the full spectrum of risk across all markets and industries. Represented across five continents, World-Check’s international research team monitors emerging risks in more than 50 languages, covering over 240 countries and territories worldwide.

For more information visit www.world-check.com/

Media Relations: Marion Willson World-Check Media Desk E-mail: mw2@world-check.com

Source: World-Check

Media Relations: Marion Willson, World-Check Media Desk, +44-(0)208-099-7263, E-mail: mw2 at world-check.com