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Asset Search Blog Financial intelligence, financial fraud investigation and legal strategy for recovering hidden assets

Monthly Archives: December 2007

Following The Money Trail In Zurich

By Fred Abrams on Posted in Asset Search/Fraud Investigation, Financial Institutions, Following The Money Trail In Zurich, Money Laundering, Swiss Banks

While "Roger" and I were walking near Bahnhofstrasse Street, Zurich, Roger suddenly stopped and had us duck into a corner shop. Once inside the shop Roger appeared to be looking for a particular item displayed in the shop’s front window, although he was really scrutinizing the outside street.  He explained afterwards how it was necessary… Continue Reading

Using Multiple Jurisdictions To Launder Money

By Fred Abrams on Posted in Asset Forfeiture, Asset Search/Fraud Investigation, Financial Institutions, Money Laundering, Swiss Banks, White-Collar Crime Generally

Parking assets offshore in one jurisdiction and then exercising control over them through another, sometimes indicates money laundering.  One example of how multiple jurisdictions were used to facilitate money laundering, is the case of  U.S.A. v. Proceeds of Crime Transferred to Certain Domestic Financial Accounts, Index # 07-CV-21791, U.S. District Court for the Southern District… Continue Reading

Mr. Benjamin’s Divorce & His White-Collar Crimes

By Fred Abrams on Posted in Asset Search/Fraud Investigation, Divorce & Child Support, Tax Fraud, White-Collar Crime Generally

As my post  "Divorce, Child Support & Reporting Tax Fraud" mentioned, divorcing spouses sometimes tip the IRS about a suspected tax fraud.  Mrs. Benjamin for example, tipped the IRS because she thought that her divorcing husband had underreported revenue from his commercial maintenance and landscaping business.  She specifically provided the IRS with the business documents… Continue Reading

A $365 Million Dollar Tax Fraud

By Fred Abrams on Posted in Tax Fraud

According to a press release, Mr. Walter Anderson’s tax fraud resulted in the "largest personal income tax evasion case brought by the Department of Justice".  Pursuant to his September 8, 2006 plea agreement, telecommunications entrepreneur Walter Anderson pleaded guilty to violating two counts of 26 U.S.C. § 7201 (Attempt to evade or defeat tax), and… Continue Reading

White-Collar Crime & A Former Top Cop

By Fred Abrams on Posted in Public Corruption, Tax Fraud, White-Collar Crime Generally

With more than 90 national chapters / chapters-in-formation since its founding in 1993, Transparency International is a lead group in the fight against the global white-collar crime of public corruption.  Transparency International publishes an annual "Corruption Perception Index" which ranks countries on a scale of "1" to "10" based on the perceptions of businessman and… Continue Reading