I found that if you tell it to check memory automatically after the program terminates, it allows all the static objects to be accounted for. I was using log4cxx and boost which do a lot of allocations in static blocks, this fixed my “false positives”…
Add the following line, instead of invoking _CrtDumpMemoryLeaks, somewhere in the beginning of main():
_CrtSetDbgFlag ( _CRTDBG_ALLOC_MEM_DF | _CRTDBG_LEAK_CHECK_DF );
For more details on usage and macros, refer to MSDN article:
http://msdn.microsoft.com/en-us/library/5at7yxcs(v=vs.71).aspx