DDC was recently engaged on behalf of a large fund of hedge funds to conduct limited research on several hedge fund managers who were apparently thoroughly background checked by another firm.
DDC found that the founder and CIO of one such hedge fund had a federal tax lien for over $400,000 filed against him. The lien was released 3 years later. For some reason one federated database did not have it, while another did. DDC then contacted the court, and eventually sent an agent to that court to verify details.
DDC’s client was unaware of the lien because the prior investigator / consultant used missed it as part of their research.
DDC does not rely only on one federated database, and we check every jurisdiction a person or entity has a contact or connection with, to the most original source level possible.
Peter Barakett, President
DDC Investigations LLC
DDC – Due Diligence Consulting LLC
