Recovering Funds Will Be Hard For Navajo Nation

As tribes have more money to invest, unscrupulous individuals are targeting them for scams. Take the case of the Navajo Nation, who invested in a Shiprock company whose Colorado-based owner stole millions and is now being prosecuted for federal tax evasion. As it turns out, the Navajo don't even have jurisdiction over this fraud.

If your tribe has money to invest, always complete due diligence research on your prospective partner before signing on the dotted line. Due diligence is more than a Google search; it's an in-depth study of whether the company or individual is honest, reliable and whether they are going to do the right thing with your money. Our researchers have decades of experience and will be happy to help.