Just because it calls itself "accredited" doesn't make it true...
Too many list brokers are taking modeled data or poorly-surveyed prospects and selling them as "accredited investors," only doing the bare-minimum when it comes to verification. Would you really trust a minimum wage worker in a foreign call center to verify an investor's accreditation without any knowledge or experience with the private placement industry?
We form our direct mail lists from prospects for past private placements and other investment opportunities. Every lead has been surveyed by a real investment broker who works in the industry and whose livelihood depends on finding verified accredited investors to solicit.