Category Archives: Money Laundering
Private Investigators: Detecting Hidden Assets By Following A Money Trail
When vast sums of money are hidden in a bank account there is usually an electronic trace or other kind of money trail. A skilled investigator may help detect the money trail, as suggested by my 2010 post Secreting Assets Without A Border Trace. The post quoted “Roger” a former foreign intelligence officer who was…
The post Private Investigators: Detecting Hidden Assets By Following A Money Trail appeared first on Asset Search Blog.
Divorce & Hidden Money: How Does A Divorcing Spouse Recover Assets Concealed In A Swiss Bank Account?
The City of Zürich has a website that says “[a]s the largest city in Switzerland, Zürich is the economic motor of the surrounding region and indeed the whole country.” This 13th post in the “Divorce & Hidden Money” series examines what a divorcing spouse might do if marital assets are concealed in a Zürich bank account or […]
Divorce & Hidden Money: Four Methods Spouses Sometimes Use To Conceal Assets
This is the eighth post in the “Divorce & Hidden Money” series. Like “Four Asset Concealment Tools” and “Four Ways Assets Can Be Secretly Transferred”, the post reveals methods a spouse may use to hide marital assets and keep more than his/her fair share of the marital estate. Credit/Debit Cards- Using a credit or debit card which […]
Divorce & Hidden Money: Whistleblowing, Tax Fraud & Tipping The IRS
The post “An Asset Search, Tax Fraud & Divorce” was first published at the Asset Search Blog on January 16, 2008. It is republished below as the seventh post in the “Divorce & Hidden Money” series. The post describes my investigation of a divorcing husband. While I was the divorcing wife’s attorney, I discovered the husband […]
Divorce & Hidden Money: Four Asset Concealment Tools
This is the sixth post in the “Divorce & Hidden Money” series. “Four Ways Assets Can Be Secretly Transferred” mentioned methods some use to move assets across international borders. My post regarding the 2011 divorce between Helga and Gaston Glock discussed additional asset concealment tools. Any one or a combination of these additional tools can be […]
Divorce & Hidden Money: Alaskan Plastic Surgeon Accused Of Concealing Millions In Central America
This is the first post in the “Divorce & Hidden Money” series: During ultra-high net worth divorces, one party can conceal vast sums of money from the other by going offshore. Stated differently, divorcing spouses may hide their wealth by utilizing cross-border elements, as money launderers do. The Financial Action Task Force mentions these elements at a F.A.Q. […]
Hiding Assets Through Gatekeepers With Accounts Across The Globe
The bottom of p. 5 of this Wolfsberg Group Statement says money laundering risks include financial “[a]ccounts for ‘gatekeepers’ such as accountants, lawyers, or other professionals for their clients where the identity of the underlying client is not disclosed to the financial institution.“ It is therefore no surprise that assets hidden through laundering or otherwise, can end up in […]
Anti-Money Laundering Bellwether Seeks Transparency Across The Globe
The Financial Action Task Force (“FATF”), is the bellwether for the fight against global money laundering and terrorist financing. Its leading role is recognized by U.S. lawmakers in the Bank Secrecy Act at 31 U.S.C. §5311, which states: “FATF’s Forty Recommendations on Money Laundering and the … Special Recommendations on Terrorist Financing are the recognized global standards […]
