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Asset Search Blog Investigating & Recovering Hidden Money & Other Assets

Category Archives: Money Laundering

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Private Investigators: An Asset Search By Pursuing Interviews & Tips

Posted in Asset Search/Fraud Investigation, Divorce & Child Support, Money Laundering, Private Investigators, Tax Fraud

I do not know how many witnesses Brian interviewed while he was an IRS Special Agent or when he was a high-ranking official at U.S. Treasury’s Financial Crimes Enforcement Network (“FinCEN”).  Nor do I know the number of informants’ tips Brian collected over the course of his federal law enforcement career.  I did however, watch… Continue Reading

Divorce & Hidden Money: Avoiding Mistakes During An Asset Search

Posted in Asset Search/Fraud Investigation, Divorce & Child Support, Divorce & Hidden Money, Hidden Money, Money Laundering

The instant post analyzes 2 mistakes I occasionally see divorcing spouses make when they consider whether to search for marital assets hidden from them.  It is the 20th post in the “Divorce & Hidden Money” series: A One-Size-Fits-All Strategy—Spouses in high net worth divorces may rely on a one-size-fits-all strategy to detect hidden marital assets.  As… Continue Reading

Looking For Laundered Assets As Part Of An Asset Search

Posted in Asset Search/Fraud Investigation, Divorce & Child Support, Drug-Related Assets, Financial Institutions, Hidden Money, Money Laundering

This video¹ discusses ways assets can be concealed via money laundering.  As the video observes, billions are thought to be laundered worldwide & “laundering takes place within our everyday world of routine business transactions.” Looking for laundered assets can be critical to a successful asset search, my last post says. The video embedded above explains… Continue Reading

Divorce & Hidden Money: Searching For Assets By Recognizing Red Flags

Posted in Bankruptcy, Divorce & Child Support, Divorce & Hidden Money, Drug-Related Assets, Hidden Money, Money Laundering, Tax Fraud

If a divorcing spouse hides marital assets there usually are red flags.  Red flags are also often found when assets have been hidden by tax fraudsters, Ponzi schemers, bankruptcy debtors, money launderers & narco-traffickers.  This 16th post in the “Divorce & Hidden Money ” series examines the red flags. Red flags indicating assets might have been… Continue Reading

A Case of Tax Fraud, Identity Theft & Murder

Posted in Drug-Related Assets, Financial Institutions, Hidden Money, Identity Theft, Money Laundering, Tax Fraud, White-Collar Crime Generally

This post describes a case in which illicit drug monies were concealed offshore and laundered via a Cayman Island bank account.  The case is also about tax fraud; identity theft and a murder.   I published the post earlier at the Asset Search Blog and have used the post as a handout at many of… Continue Reading

Private Investigators: Detecting Hidden Assets By Following A Money Trail

Posted in Asset Search/Fraud Investigation, Hidden Money, Money Laundering, Private Investigators, Securities Fraud, Swiss Banks, White-Collar Crime Generally

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… Continue Reading

Recovering Art Assets & Cultural Heritage Property

Posted in Asset Search/Fraud Investigation, Divorce & Child Support, Drug-Related Assets, Hidden Money, Money Laundering, White-Collar Crime Generally

Divorcing spouses, debtors, determined criminals or others may hide and secretly transfer art assets and cultural heritage property.  The article below was written by Leila Amineddoleh, a partner and co-founder at Galluzzo & Amineddoleh where she specializes in art, cultural heritage, and intellectual property law.  Ms. Amineddoleh teaches International Art & Cultural Heritage Law at Fordham University… Continue Reading

Looking Back At Breaking Bad & Some Suspected Asset Concealment Schemes

Posted in Asset Search/Fraud Investigation, Drug-Related Assets, Hidden Money, Holocaust-Era Assets, Money Laundering, Swiss Banks, Tax Fraud

In the Breaking Bad television series, Walter White hid profits from his illegal manufacture of methamphetamine.  He hid illicit drug profits in a crawl space under his house, as the video above partly reveals.  Walter and his wife Skyler also laundered money through the A1A Car Wash.  Walter’s partner in crime, (Breaking Bad’s Jesse Pinkman), purchased real… Continue Reading

Detecting Hidden Assets By Putting Tipsters To Work

Posted in Asset Search/Fraud Investigation, Divorce & Child Support, Hidden Money, Money Laundering, Securities Fraud, Tax Fraud

How can one detect assets one is unaware of?  Sometimes by putting tipsters to work and collecting their tips.  These tips may be gathered in a variety of ways.  “An Asset Search, Tax Fraud & Divorce” describes a private investigation in which a prospective tipster was interviewed by “Brian”, an ex-IRS Special Agent and former… Continue Reading

Searching For Corruption Proceeds & Other Assets On The Island Of Jersey

Posted in Asset Search/Fraud Investigation, Financial Institutions, Hidden Money, Money Laundering, Public Corruption, White-Collar Crime Generally

At Carmelite Chambers International Fraud & Assert Recovery Conference, I met Advocate & English Barrister Stephen Baker of Baker & Partners from St. Helier, Jersey.  During the Conference, Mr. Baker presented his slideshow with case studies about recovering suspected corruption proceeds or other assets. Some of Mr. Baker’s slides reveal how foreign bank accounts; multiple jurisdictions… Continue Reading

Recovering Assets By Identifying & Immobilizing Them

Posted in Asset Search/Fraud Investigation, Divorce & Child Support, Financial Institutions, Money Laundering

Identifying and immobilizing assets in a timely fashion can be paramount to asset recovery cases ranging from an ultra- high net worth divorce to a forced collection proceeding against a debtor. The abstract about “Suspending Suspicious Transactions” ¹ similarly mentions the “timely identification and immobilization” of  assets.  The abstract discusses this with regard to money laundering… Continue Reading

Divorce & Hidden Money: Four Methods Spouses Sometimes Use To Conceal Assets

Posted in Divorce & Child Support, Divorce & Hidden Money, Financial Institutions, Hidden Money, Money Laundering, Swiss Banks, Tax Fraud

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… Continue Reading

Carmelite Chambers International Fraud & Asset Recovery Conference

Posted in Asset Search/Fraud Investigation, Financial Institutions, Hidden Money, Money Laundering, Securities Fraud, Tax Fraud

I will present my program “The Ins & Outs Of Recovering Assets Via Whistleblowers & Other Tipsters” in London at 11:40 AM June 23, 2014, during the Carmelite Chambers International Fraud & Asset Recovery Conference.   “The Ins & Outs Of Recovering Assets Via Whistleblowers & Other Tipsters” highlights how whistleblowers sniff out vast sums of money… Continue Reading

Bitcoin & Other Virtual Currency As A Money Laundering Threat

Posted in Asset Search/Fraud Investigation, Financial Institutions, Hidden Money, Money Laundering

The search for the true identity of Bitcoin creator Mr. Satoshi Nakamoto is discussed by “Will the Real Satoshi Nakamoto Please Stand Up” and at a video: Mt. Gox which was once the world’s largest Bitcoin currency exchange, is also in the news.  It made bankruptcy filings in Japan and the U.S. and reportedly lost virtual currency… Continue Reading

Divorce & Hidden Money: Whistleblowing, Tax Fraud & Tipping The IRS

Posted in Asset Search/Fraud Investigation, Divorce & Child Support, Divorce & Hidden Money, Hidden Money, Money Laundering, Tax Fraud, White-Collar Crime Generally

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… Continue Reading

Divorce & Hidden Money: Four Asset Concealment Tools

Posted in Asset Search/Fraud Investigation, Divorce & Child Support, Divorce & Hidden Money, Financial Institutions, Hidden Money, Money Laundering, Swiss Banks

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 used… Continue Reading

Divorce & Hidden Money: Four Ways Assets Can Be Secretly Transfered

Posted in Divorce & Child Support, Divorce & Hidden Money, Drug-Related Assets, Financial Institutions, Hidden Money, Money Laundering, Swiss Banks

This is the third post in the “Divorce & Hidden Money” series: One divorcing wife explained to me that she believed her husband had hidden money in offshore bank accounts.  This divorcing wife found a box her husband inadvertently left  in the basement after he moved out of their marital residence.  The box had an account… Continue Reading

Laundering Assets By Putting A Lawyer To Work

Posted in Financial Institutions, Money Laundering

My October 24th post “Concealing Monies In A Cayman Islands Bank Account”, supplied the fact pattern of a divorcing husband hiding funds offshore.  That divorcing husband hid assets by putting a lawyer and other elements to work.  The following money laundering typology ¹ similarly analyzes a scheme thought to have been facilitated by a lawyer: ¹Money Laundering… Continue Reading

Divorce & Hidden Money: Alaskan Plastic Surgeon Accused Of Concealing Millions In Central America

Posted in Asset Forfeiture, Asset Search/Fraud Investigation, Divorce & Child Support, Divorce & Hidden Money, Financial Institutions, Hidden Money, Money Laundering, White-Collar Crime Generally

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… Continue Reading

How Walter White Could Take His Money To A Swiss Bank

Posted in Asset Search/Fraud Investigation, Divorce & Child Support, Drug-Related Assets, Financial Institutions, Money Laundering, Swiss Banks, Tax Fraud

Throughout its five seasons, Breaking Bad highlighted the ways narco-trafficker Walter White and his co-conspirators hid the illicit proceeds of their made-for-TV crimes.  Breaking Bad could even be considered a case study of how determined criminals and others hide assets.  For example, at Problem Dog, Season 4, Episode 7, Walter and his wife Skyler faced the dilemma… Continue Reading

Interdict Their Assets, Retired DEA Agent Says

Posted in Asset Forfeiture, Asset Search/Fraud Investigation, Drug-Related Assets, Money Laundering

As a DEA Special Agent, Donnie worked in Bolivia, Puerto Rico and Peru.  He had also been a liaison with the Mexican Federal Judicial Police.  After retiring from the DEA, Donnie taught Iraqi border policeman a variety of things, including how to detect cash and drugs hidden through smuggling.  Through his work, Donnie became highly… Continue Reading