Back in 2015, many private investigators were concerned that a new company, which was modeled like Uber, would change the landscape of the PI industry.
That company was Trustify, a “privately-held technology start-up company that connected customers with private investigators.” It was created by Daniel Boice, a self-proclaimed entrepreneur and tech-mogul.
On August 12, 2015, I wrote this post about Trustify, in which I told the 100,000 private investigators in the country not to worry about it. The 2,000 PI’s that signed up to garner cases from Trustify, were the bottom-feeders of our industry.
Boice had stated publicly, “Trustify is a lead generator, a predictable revenue stream that allows (investigators) to pay their electric bills.”
In the post, I responded, “Respectfully, if you are in the PI profession and you are having a hard time paying your electric bills, you might want to contemplate a career change.”
On December 7, 2020, I wrote a second post about how Boice had plead guilty in federal court to wire and securities fraud. Boice raised over 18 million dollars from over 250 investors. The funds were used to purchase a 1.6 million dollar private residence and a 1 million dollar beach home. He also used the funds to pay for a house manager, luxury items, a chauffeur, family vacations, private jet trips and thousands of dollars for first-class seats to sporting events.
On Friday, March 26, 2021 Boice was sentenced to over 8 years in prison. Read the Department of Justice press release on Boice’s sentencing.