Nathan Vardi’s Forbes.com article "Cash Is King", describes some of the ways funds can be transferred during money laundering: Wire Transfers Credit Cards Prepaid Cards Digital Currency (i.e. E-Gold) Cash "Cash Is King" also briefly quotes me and mentions that cash is hard to trace. Illicit cash can of course still be detected, particularly at… Continue Reading
Monthly Archives: March 2008
Money Laundering Typologies
Posted in Asset Search/Fraud Investigation, Money Laundering, White-Collar Crime GenerallyA licensed private investigator from Arizona advised that he had a good track record in finding hidden assets and / or locating bank accounts. He however, contacted me wanting to know the best way to learn more about money laundering (18 U.S.C. §§1956 & 1957) and structuring / smurfing (31 U.S.C. § 5324). One good… Continue Reading
Suing When Marital Assets Are Hidden In Divorce
Posted in Asset Search/Fraud Investigation, Divorce & Child SupportOn February 28, 2008, I posted about filing RICO lawsuits against those suspected of hiding assets related to divorce. Those suing over hidden marital assets however, more typically file lawsuits pursuant to the Uniform Fraudulent Conveyance Act, rather than RICO. In New York, those filing such suits proceed under the local codified version of the… Continue Reading