"We didn’t know” gets expensive fast
A lot of business problems start with a decision that was made too confidently and checked too lightly.
A new partner.
A new vendor.
A new investor.
A new executive.
A new acquisition target.
A new client who seems legitimate until they are suddenly not.
By the time the red flags become obvious, the contract is signed, the money is moving, the reputation is attached, and someone in leadership is saying they had no reason to suspect anything.