background checks
Background Check Myths
05.03.09
After our recent post about a
background check that saved a client
millions of dollars , some clients have called to ask how firms
can offer "national criminal record checks" for $24.95.
The national criminal check is the unicorn of the industry-- a complete myth. Usually, these firms are checking a compilation of conviction data--people who actually spent time in prison. However, only a very small percentage of people charged with crimes ever do any time. National offender databases are misleading: they miss charges that have been pled out, dismissed, not prosecuted. A bit like taking a photo of someone's nose and selling it as a portrait.
The national criminal check is the unicorn of the industry-- a complete myth. Usually, these firms are checking a compilation of conviction data--people who actually spent time in prison. However, only a very small percentage of people charged with crimes ever do any time. National offender databases are misleading: they miss charges that have been pled out, dismissed, not prosecuted. A bit like taking a photo of someone's nose and selling it as a portrait.
Due diligence pays for Nardizzi client
03.07.09
We received a note from a grateful
client after our due diligence research helped them avoid an
investment last year with Westgate Capital Management. The SEC
released this statement regarding Westgate Capital
Management, LLC and its managing member, James M. Nicholson, who
was arrested by the FBI at his New Jersey home.