Tag Archives: asset recovery
PROVING YOUR SPOUSE HID COMMUNITY PROPERTY IN SECRET BANK ACCOUNTS
During your divorce you may need to search for community property your spouse hid in secret bank accounts.1 If your asset searches & / or bank searches show your spouse hid community property, you may need to prove this in Court. If so, there are pitfalls you can avoid which are discussed below. I have…
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2 Tips For When You Access Your Divorcing Spouse’s Computer
If you are in a high net worth divorce, you might hire a forensic computer expert to access your divorcing spouse’s computer. You might hire this expert to try to detect community property your divorcing spouse hid from you. Meanwhile, if you are going to access your divorcing spouse’s computer, make sure your access does…
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Using Forensic Computer Experts In Your Divorce
By using forensic computer experts in your divorce, you might identify a money trail leading to community property your spouse hid from you. In fact, you may be able to ask the Court to appoint a forensic computer expert to act as special master in your case. This special master would examine your spouse’s computer…
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Asset Search Red Flags, Smurfing, Private Investigators & A Kidnap Plot
If you are trying to detect hidden money you should look for asset search red flags like “smurfing¹.” Smurfing is a form of structuring cash deposits into bank accounts. It is one of the ways to secretly place cash into a money laundering circuit. When a bank customer in the U.S. deposits or withdraws $10,000…
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Hidden Community Property In Ultra-High-Net-Worth Divorces
Everybody knows there can be hidden community property in ultra-high-net-worth divorces. Meanwhile, the ultra-high-net-worth divorce between Mr. Bill Gates and his wife Melinda does not now appear to involve hidden community property. Their divorce does however, give us a glimpse of the kinds of community property the Court often divides in ultra-high-net worth divorces. Mr….
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3 Tips For Your Bank Searches
As your adversary may hide money in multiple bank accounts, you may need to perform bank searches. For example, my December 21, 2020 post mentioned a scheme in which 150 checks worth $2 million were seemingly hidden at 12 bank accounts. At your bank searches you would seek your adversary’s customer information from banks. Therefore,…
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Divorce & Hidden Money: An Offshore Asset Search Via The IRS
How do you perform an offshore asset search at the time of your high-net-worth divorce? If your spouse is a taxpayer in the U.S., your spouse may have to make tax filings about assets parked offshore. Among other things, your offshore asset search should elicit any of your spouse’s tax filings about offshore assets. You…
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Lawyers, Shell Companies, Trusts & A Florida Divorce
Prosecutors in U.S.A. v. Kozel accuse Mr. Todd Kozel former CEO of Gulf Keystone Petroleum Ltd., of hiding assets by using lawyers, shell companies & trusts. The prosecutors claim Mr. Kozel fraudulently concealed assets from his ex-wife Ashley Kozel during the former couple’s Sarasota County Florida divorce. Mr. Kozel’s alleged scheme is believed to have…
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Divorce & Hidden Money: Recovering Assets At Trusts
How does a divorcing spouse hide assets at trusts? The spouse hiding assets first forms a trust. Next, this spouse fraudulently transfers assets part of the marital estate, to the trust. The spouse hiding assets can also take money from the marital estate & use it to make purchases in the name of the trust. …
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Divorce & Hidden Money: Evading Child Support By Going Offshore
One of the worst child support cases I know about is Janet O. v. James O., slip op. 51985 (Sup. Ct. N.Y. County, October 17, 2006). The ex-husband in Janet O had not made any child or spousal maintenance support payments for 30 years. By moving from New York and living offshore in Barbados, the Dominican…
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