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If a credible threat is received against life or property, call the police.
In situations that are technical and unclear it may be best to do some investigating before calling, however. This is because as an individual or organization it is possible to do much more (the 4th amendment doesn't apply to private entities). You can check network accounts without a search warrant and can interview people without official procedures.
Once a private investigation is completed a case can be handed to police or prosecutors with all the details, evidence properly handled and a clear conclusion. This is much more likely to get action than an early call which brings a patrol officer into a situation that he is not equipped to handle.
In threat situations consider a sweep to discover if the person making the threat has placed eavesdropping equipment in critical locations.
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One of our clients called the police right away in a threat situation. The responding officer declined to open a case but did tell the local newspaper about the threat. Subsequent publicity made finding the culprit very difficult.
A different client called us in to do a forensic investigation immediately then filed a civil suit and notified the police (note the order of events). The police appreciated getting all the evidence and the client recovered millions from an embezzler.
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