Latest Press Releases and Media Coverage:
Social Media and Internet Dating Fuel Strong Second-Quarter
POSTED BY: Jeff Duncan, July 28, 2016
The risk for fraud in social media and online dating continues to drive growth.
JACKSONVILLE, FLORIDA (July 28, 2016) – Wymoo International, the leading international background check and due diligence company that specializes in verifying international relationships, has announced financial results for the second quarter of fiscal 2016. The company grew revenue by 12 percent in the second quarter, driven largely by the demand from individuals who use social media and online dating sites in developed countries. Clients from the United States, Australia, Canada and the United Kingdom continue to rely on Wymoo and its subsidiaries to reduce the risk for fraud and scams while using social media and internet dating services.
Internet criminals have shifted their focus to target more social media websites where potential victims may already be sharing information that is useful to criminals. Sharing private information online has long been a serious vulnerability for internet users who don't understand the importance of privacy. Professional investigators at Wymoo have emphasized for years that the less you share online, and the less criminals can learn about you by searching the internet, the safer that you and your family members are.
Background check investigations conducted by highly trained investigators around the globe help clients verify the person they are communicating with, and determine if that person is who he or she claims to be. Without proper verification and clear evidence, many users of social media and online dating end up victims of crimes, including identity theft, harassment, robbery and theft, hacked financial accounts, blackmail and extortion, romance scams, and more. The financial losses can be devastating.
Being the most recognized name in the industry, Wymoo® is well positioned to continue to gain market share and expand global operations as a professional investigation company. Bill Grantham, President and CEO, said that while he is pleased with the growth, the priority remains having the best service and being the best investigation company, not the largest. "Based on these results, we're on pace to exceed annual financial estimates for2016," Grantham said. "Since 2006, Wymoo has focused on delivering the most professional international investigations at a competitive price. That focus on client service has and will continue to fuel future growth."
Wymoo International Earns A+ Rating from Better Business Bureau
POSTED BY: Jeff Duncan, December 5, 2014
The U.S. Better Business Bureau gives Wymoo the highest business rating.
JACKSONVILLE, FLORIDA (December 5, 2014) – Wymoo International, the professional private investigation and international background check firm based in Florida, is pleased to announce an updated rating from the Better Business Bureau. The U.S. Better Business Bureau has rated Wymoo® with the highest possible rating as a trusted business in the private investigation industry. The BBB is an organization that has been watching out for consumers for more than 100 years, by recommending the businesses, brands and charities that have the best business practices and highest level of customer service. This rating reflects on the company's high standards of ethics and transparency.
For the company, being accredited by the BBB and having the honor to be rated with an A+ is a great reward for all the efforts that the team makes every day to better serve its clients. Since the early days of Wymoo® International, our private investigators have been providing global clients with timely and reliable information, so our clients can in turn make... (Read the full article here).
Wymoo International Launches New Responsive Website
POSTED BY: Jeff Duncan, September 9, 2014
New responsive design website offers clients and visitors better experience.
JACKSONVILLE, FLORIDA (September 9, 2014) – Wymoo International, the international private investigation firm, recently launched a new version of its website at wymoo.com. The updated website is an enhanced version which features responsive design to better serve mobile users, as well as easier navigation and increased security. This new technology offers global clients and visitors a better experience regardless of how they access the website, whether through computer, mobile device or tablet.
"The design and implementation of the new responsive website will better serve our visitors and clients around the world," said David Wilkerson, Vice President, Wymoo International. "With the increased use of mobile devices and tablets, Wymoo® can now much better serve visitors to our website." Management said the new design was also built with security features in place to protect client privacy when submitting information online. All points of contact on the website use... (Read the full article on Wymoo Blog).
International Investigations at Wymoo Increase with Dating Scams
POSTED BY: Jeff Duncan, June 26, 2013
A high risk for romance scams and dating fraud is driving demand for investigations.
JACKSONVILLE, FLORIDA (June 26, 2013) – Wymoo International, an international investigation company based in Florida, announced today that its quarterly results have exceeded estimates due in part to a significant increase in online dating scams. The rise in internet fraud and scam activity has directly led to an increase in demand for dating background checks and investigations.
The Internet Crime Complaint Center (IC3), a partnership between the Federal Bureau of Investigation and National White Collar Crime Center, reported that in 2012 losses had increased 8.3 percent over 2011. In 2012, the IC3 received 4,467 romance scam complaints and victims' losses exceeded $55 million. The National Fraud Authority in the U.K. estimates fraud cost the U.K. over £35 billion in 2012 from mass marketing... (Read the full article on MarketWatch).
Wymoo in Talks to Increase Online Privacy Protection
POSTED BY: Jeff Duncan, March 5, 2013
Wymoo is discussing a possible relationship with privacy protection company.
JACKSONVILLE, FLORIDA (March 5, 2013) – Wymoo International, a professional private investigation and international background check company based in Florida, reported today that the firm is in discussions with a privacy protection company regarding a possible merger or relationship that would help individuals protect their privacy online. Wymoo has been a strong advocate for online privacy, as a majority of scam and fraud victims worldwide are targeted first via the internet due to insufficient... (Read full article on Digital Journal).
Company Verifications Increasing at Wymoo
POSTED BY: Jeff Duncan, September 24, 2012
Company verifications are growing, and more companies are choosing Wymoo.
JACKSONVILLE, FLORIDA (September 24, 2012) – Wymoo International, a professional private investigation and international background check company, reported today the company has received a steady rise in company verification and due diligence requests. Wymoo conducts a full range of international investigation services, and management says the rise in demand reflects that both consumers and companies are concerned about the risk for fraud and scams when dealing with unknown companies... (Read full article on Yahoo Finance).
Wymoo Hiring Investigators and Marketing Analysts
POSTED BY: Jeff Duncan, June 12, 2012
Wymoo is hiring! Come join our growing company...
JACKSONVILLE, Fla., June 11, 2012 -- Wymoo International, a private investigation and international background check company, announced today that the firm will be adding to its team of investigators and support staff in response to its growing international investigation business. Despite the economy, Wymoo® is forecasting a 35% growth rate for 2012, and has achieved consecutive growth every year since inception in 2006. Management is seeking qualified field investigators in several countries... (Read the full article on PR Newswire).
International Investigator Wymoo Affirms No Buyout
POSTED BY: Jeff Duncan, March 27, 2012
Wymoo affirms no merger or buyout for the company in near term.
JACKSONVILLE, FLORIDA (March 27, 2012) – Wymoo International, a professional private investigation and international background check company, announced today the company has no immediate or pending plans of any merger or buyout, despite industry speculation that the company could be purchased by a larger investigation or verification service company. An impressive track record of growth and rising market share has drawn interest, but management confirmed today the Wymoo® brand... (Read full article on Marketwire).
Wymoo Sees Growth in International Due Diligence
POSTED BY: Jeff Duncan, November 29, 2011
Wymoo to expand international business verification services.
JACKSONVILLE, FLORIDA (November 29, 2011) – Wymoo International, a professional private investigation and international background check firm, reported today that despite the global economic downturn, the demand for business verification services has remained strong for 2011. The company expects the growth in international due diligence verifications and... (Read the full article on PR Newswire).
Wymoo Reports Steady Expansion, Despite Economy
POSTED BY: Jeff Duncan, September 14, 2011
Wymoo management announces steady growth amid global recession.
JACKSONVILLE, FLORIDA (September 14, 2011) – Wymoo International, a U.S.-based professional private investigation and international background check company, announced today that revenue in the second quarter of 2011 was up 10% from 2010 levels, despite the global economic downturn. Management cited a global rise in fraud cases and a corresponding increase in the demand for verification services. Due diligence for international business and background checks for online... (Read full article on Yahoo Finance UK).
Wymoo Investigators See Growth in the U.K.
POSTED BY: Jeff Duncan, June 22, 2011
Wymoo management increases focus on the U.K. growth in reponse to increased demand.
JACKSONVILLE, FLORIDA (June 22, 2011) – Wymoo International, a Florida-based professional private investigation and background check firm, announced today that the company will increase its focus on the U.K. market in response to an increase in demand for private investigator and verification services. Management will be adding to its team of field investigators in London and Dublin based on the growing demand for international background checks, dating background checks and... (Read the full article on Marketwire).
Wymoo International Background Checks Rise in Demand
POSTED BY: Jeff Duncan, April 12, 2011
Wymoo reported today that the company has seen a significant rise in international background check demand in most of the countries where the firm operates and conducts investigations.
JACKSONVILLE, FLORIDA (April 12, 2011) - Wymoo International, a U.S.-based professional background check and international private investigation firm, reported today that demand for international background checks was up sharply in the first quarter of 2011, compared to 2010 levels. Management cited an increase in international business deals in developing nations and a higher prevalence of fraud and scam activity worldwide as fueling the growth. Client referrals also continue to be an important factor for the company’s business, and early projections for 2011 estimate a fourth consecutive year of double digit growth... (Read the full article on Reuters).
Wymoo International Private Investigators Beat Estimates
POSTED BY: Jeff Duncan, January 14, 2011
Wymoo International announced today that the firm beat earnings estimates for 2010 and continues to expand global operations and investigation services.
JACKSONVILLE, FLORIDA (January 14, 2011) - Wymoo International, a U.S.-based background check and international private investigation firm, reported today that the company beat all growth expectations for 2010. Revenue and case volume at the company rose by over 50% compared to 2009 levels, and surpassed management’s 40% growth rate projections. The record growth was fueled by an increase in the demand for due diligence, international private investigators, and dating... (Read the full article at iStock Analyst).
Wymoo Reports Rise in Global Background Check Cases
POSTED BY: Jeff Duncan, October 4, 2010
Wymoo International, LLC has reported significant growth in the firm's global background check cases for international corporate and indivdiual clients.
JACKSONVILLE, FLORIDA (October 4, 2010) - Wymoo International, a U.S.-based background check and private investigation company, reported today that activity for global background checks at the firm is up sharply compared to 2009 levels. Cases for international background checks have risen over 25% YTD, and management cites high levels of internet scams and fraud as partly fueling the growth. The increase has also been driven by a global... (Read the full article on Jacksonville Jobs).
Wymoo Announces Focus on Dating Background Checks
POSTED BY: Jeff Duncan, July 7, 2010
Wymoo International, LLC has announced plans to target the growing business segment of online dating and social networking sites, and the Company is in discussions with potential partner websites.
JACKSONVILLE, FLORIDA (July 7, 2010) - Wymoo International, a U.S. based international background check and private investigation company, announced today that it will increase its focus on preventing online dating scams. The Company is considering a partnership with an online dating company and is also in discussions with... (Read the full article on Marketwire).
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