Vcheck Blog: Due Diligence Insights for Private Equity
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The Role of Court Runners in Thorough Public Records Searches May 27, 2024 What is a Court Runner? Court runners are responsible for transporting documents to or from a court. These individuals can work for law firms or be independently contracted to deliver and pick up the documents promptly, given the time-sensitive nature of most use cases. These court runners are essential for retrieving documented information from counties […] -
The Takeover Defense and Shareholder Activism Landscape May 6, 2024 26-minute listen Tiffany Fobes Campion is a senior attorney in the Chicago office of Latham & Watkins, where she focuses on takeover defense and shareholder activism matters. She is a vital member of the firm’s Activism Practice and a central resource for clients and Latham lawyers dealing with activist investors. Tiffany came on RiskWatch to […] -
Preventing SMB Lending Fraud Through ID Verification April 30, 2024 Preventing SMB Lending Fraud Through ID Verification Small Business and Mid-size Business (SMB) lending fraud is on the rise. Respondents of a LexisNexis survey in 2023 disclosed fraud had increased an average of 14.5% year-over-year, a significant increase from the year prior (6.9%). Bogus business credentials and fake consumer/owner identities remain the most common type […] -
HUMINT: The Difference Between Discreet Interviews and Reference Checks April 15, 2024 What Are Discreet Interviews? Discreet interviews, also known as discreet source work or human intelligence (HUMINT) is information provided by human sources, not public records (courthouses, files, documents, etc.). How Are They Different from Reference Checks? Unlike reference checks that are provided to the client or background check firm by the subject being evaluated, discreet […] -
The Vital Role of Discreet Interviews and Human Intelligence in Data-Scarce Environments April 1, 2024 Human intelligence refers to the collection of information from human sources in the context of reputational due diligence and background checks. This can include discreet interviews, conversations, and other forms of direct interaction with individuals who possess knowledge of interest. Pairing open-source intelligence (OSINT) with human intelligence (HUMINT) creates a finished intelligence product. In many […] -
FinCEN Proposes Significant Expansion of AML/CFT Obligations to RIAs and ERAs March 25, 2024 15-minute listen Amy Caiazza, a Partner at Wilson Sonsini, came on the Vcheck podcast to discuss a new proposal by FinCEN that would significantly expand AML / CFT obligations for Registered Investment Advisers, Venture Capital Advisers, and Private Fund Advisers. This could substantially add to advisers’ obligations when screening potential investors. Here is a link […]