More than ten engagements since 2025, for private equity firms, listed companies and law firms.
Six of them are set out below. Client and subject identities are withheld.
A terms review was filed and most of the clauses examined were struck down.
The accounting treatment we flagged was later confirmed in the company's own restatement.
An investment locked for two years was recovered in full, on the client's terms.
Used in a press conference, a regulatory complaint and a criminal referral.
The buyer was already running a diligence team of lawyers and accountants on the same target. The division had been transferred for effectively no consideration, and the private company then took profit out through intra-group trade.
A holding company acquired a convertible bond issued by a loss-making firm and transferred it months later to its listed subsidiary. The subsidiary revalued it sharply downward soon after. The original transfer price could not be reproduced under the valuation method disclosed.
Reading both sets of books against each other showed a shared head office and auditor, and one individual acting as seller, security provider and lender in the same transaction. Interest had been booked as income although nothing was ever collected.
Funds had been locked for two years after a failed listing. Related-party notes in the listed affiliate's accounts, shareholder composition and registered addresses were cross-checked to establish the relationship.
More than ten agreements written by the same trustee for different counterparties were obtained and compared clause by clause. Exclusion of liability and waiver of objection had been placed where the rules on standard terms would not reach them.
The subsidiary generating most of the group's profit paid no dividend and instead moved funds to the parent and to the owner's holding company. Those loans were omitted from several periodic reports and the amounts disclosed did not match between filings.
We had spent more than two years unable to get our LPs' money back after an investment fraud connected to a listed company. Lawyers and investigators had taken us nowhere. The report identified the link between the listed company and the counterparty from public records alone, and that was what settled the matter. Once we moved on it, the other side finally came to the table. We recovered the investment in full.
The thing clients say most often in corporate cases is that they don't understand what happened to them. Individual investors have no way into a large group's structure. DEEPTAG finds the piece that shows where the loss actually came from. It goes past the disclosed figures to the people involved and the way the thing was put together.
When the company was delisted we assumed that was the end of it. We had no way of finding out where the money had gone. DEEPTAG took the scattered pieces we had and set out the fund movements and the connections between the former management. It meant we could argue from records instead of grievance.
I could see that something was wrong with the accounts but I had no way to prove it and no background in this. The interim reports showed me how the analysis was being built and what my suspicion actually rested on. The final report turned what I had into material the authorities could not simply set aside.