No, if someone has a report, it simply means that it is highly unlikely that this person has committed crimes, declared bankruptcy, been in trouble with regulators, the law, or has committed other actions which would normally trigger questions about ethics, integrity, or that would violate “boy boy” clauses that are written into many agreements.

Typically, if we receive payment and a complete survey it will take our team 10 days to complete the package, but there are some questions we must go over with you, and of course your response time to those questions impact how quickly the report may be created.

A verified Diligence package makes sense to have in place if you either investing $300,000 or raising $300,000 or more, and you should consider how expensive it could be if you do NOT have this type of report in place if you are investing $500k+. Typically our reports are $9k for a company and one principle, and $18/$27k for 2 and 3 principle companies. If you are an investor you can de-risk a transaction, in-part through a Verified Diligence package. We would recommend you still considering hiring an attorney, accounting firm to look into financials, experts in the industry to assess the claims being made and business model, etc. If you are raising capital, virtually none of your competition have a Verified Diligence package in place helping you build trust faster, raise more capital, and it could make THE difference for a few investors who aren’t equipped to even spend $1,000 on due diligence or background checks.

Investing is about trust, conviction in a strategy and there is always some level of risk, but a great leader will work through almost any challenge. If on the other hand the founders are frauds, or have acted as criminals in the past that would at the very least be good to be aware of. You may ask someone about anything in their past that is relevant or their background and they may perhaps only offer the positive points, not the DUI, their fines from regulators, or their ban from an industry. Having a Verified Diligence report on file will mean a lot to a few potential partners or investors and may make the difference of someone working with you, but also it will likely help every potential partner or investor get comfortable with you faster, speed up their due diligence, and/or increase their allocation % or $ amount to you. You will need a lot more than just a clean Verified Diligence package to work with investors of course, but we know from our experience the last 17 years that less than 1% of those raising capital have third party due diligence packages to share with investors.

Mike Coffey started conducting private investigations over 20 years ago. He has built up a 15 person team and has conducted over 100,000 background checks and private investigations. This depth of experience gives him the licensing, insights, and nuanced knowledge of comprehensive due diligence checks to run Verified Diligence.

Richard C. Wilson is the founder of the Family Office Club, a sister company of Verified Diligence, they have been in business for 17 years, has 25 employees, and have spent $25M hosting 275 events since 2007. Richard has been part of over 100 transactions and heard requests from investors for something such as a Verified Diligence package to be made available.

When background checks and diligence packages are put together Mike and his team complete those and no access is provided to Richard or Family Office Club. Mike’s team has the background, experience, licensing, and know-how to complete any level of investigation you may need.

If you need routine contract service rep background checks, high volume private investigation services for a retail chain, or if you need to conduct simple background checks on nannies, or hired help for your children or business we can assist with that.

If you are looking for a group of peer-to-peer investors to connect with, or if you are looking to connect with private equity, real estate, or companies raising capital we have those at our in-person events. To learn more about our investor club and resources included there, or other private investigation work we could complete for you please text us at the number in the top menu bar of this website.

If you are ready to move forward to get verified please complete the payment and onboarding form found here.