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Asset Search Blog Investigating & Recovering Hidden Money & Other Assets

Tag Archives: asset recovery

Part 2: An Asset Search Over Terrorism & Airbus Aircraft

Posted in Asset Search/Fraud Investigation, Bank Search, Financial Institutions, Hidden Money, Swiss Banks

Part 1 of this post discussed the judgment creditors in Havlish v. bin Laden who are are trying to interdict assets owned by Iran.  Part 1 explained the judgment creditors sought to attach monies reportedly earmarked for the purchase of Airbus aircraft. Before seeking the attachment of the monies, the judgment creditors subpoenaed confidential information kept… Continue Reading

Part 1: An Asset Search Over Terrorism & Airbus Aircraft

Posted in Asset Search/Fraud Investigation, Hidden Money

The Court found Iran was behind the 9/11 terrorist attacks and Iran is therefore liable for the money damages set forth by the October 2012 Order issued at In Re Terrorist Attacks On September 11, 2001, U.S. District Court, SDNY, Index No. 03-MDL-1570. The October Order also applies to Havlish v. bin Laden, U.S. District Court, SDNY, Index No…. Continue Reading

Hampering An Asset Search By Hiding Artwork & Cultural Heritage Property

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

A July 1, 2015 press release outlines the recovery of a Chola-period bronze statue, by U.S. law enforcement officials.   The press release mentions the 11-12th century Chola statue was stolen & smuggled into the U.S.  The statue was eventually sold with a false provenance to a collector of Asian antiquities.  A false provenance conceals… Continue Reading

An Asset Search When Facing Complex Concealment Schemes

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

If someone is hiding assets, you might detect the assets by reviewing: corporate records; patents & trademarks; court papers; U.C.C. filings; real estate documents; or through additional basic research.  “A Low-Cost Asset Search” gives information about how to perform basic research.  Although basic research can lead to a good result, it may not help you… Continue Reading

Striking Out During Your Asset Search? Don’t Forget To Look At The Lawyers

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

 The TV shanking of fictional lawyer Dan Wachsberger at Breaking Bad’s 54th episode.  In the 53rd episode, Wachsberger hid monies in safety deposit boxes & became a DEA informant. “Say My Name” is the 53rd episode of AMC’s Breaking Bad series & it showed fictional lawyer Dan Wachsberger hiding illicit drug monies in at least nine… Continue Reading

Divorce & Hidden Money: Searching For Assets By Using An Insider At A Bank

Posted in Asset Search/Fraud Investigation, Bank Search, Divorce & Child Support, Divorce & Hidden Money, Financial Institutions, Hidden Money, Identity Theft, Illegal Asset Searches, Privacy Laws, Private Investigators

This is my 21st post in the Divorce & Hidden Money series.  It is also the 8th post in my series describing what private investigators can and cannot do legally when searching for hidden assets.  My July 13th post mentioned private investigators & their clients using law enforcement databases and illegal pretext calls to search for assets…. Continue Reading

Searching For Assets Hidden At Banks In Multiple Jurisdictions

Posted in Asset Search/Fraud Investigation, Bank Search, Bankruptcy, Bankruptcy Estate Assets, Divorce & Child Support, Financial Institutions, Hidden Money, Money Laundering

Determined criminals sometimes conceal their illicit cash by laundering it through banks located in multiple jurisdictions.  Criminals are not the only ones concealing assets by using bank accounts in multiple jurisdictions.  Whether you are a divorcing spouse; a creditor in a bankruptcy case; are collecting money owed on a judgment; etc., these ideas may help you… 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

Assets Hidden By Nominees, Fraudulent Transfers & Trusts

Posted in Asset Search/Fraud Investigation, Divorce & Child Support, Fraudulent Asset Transfers, Tax Fraud

To cheat you out of your fair share, your divorcing spouse, a business partner, an executor handling a decedent’s estate or someone else may hide assets from you.  As a result of an asset search or other investigation you might uncover a money trail for these hidden assets. If you follow the money trail & locate… 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

3 Ideas For A Successful Asset Search

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

How can you efficiently search for and detect assets you are unaware of?  One way is to spot the red flags indicating that assets could have been hidden.  Ideally, your asset search should also: LOOK FOR LAUNDERED ASSETS—Launderers hides assets by washing them through a money laundering circuit with laundering links.  Laundering links can be… Continue Reading

Upcoming Course “Whistleblowers, Secret Swiss Bank Accounts & Recovering Hidden Assets”

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

I.  COURSE DESCRIPTION At the New York County Lawyers’ Association on October 13, 2015 from 5:30 PM to 9:00 PM, I will be the program chair of “Whistleblowers, Secret Swiss Bank Accounts & Recovering Hidden Assets.”  Attendee registration opens in the Fall & will be available through the New York County Lawyers’ Association.  During the course… 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

Red Flags & The IRS Search For Attorney Memmott’s Assets

Posted in Asset Search/Fraud Investigation, Hidden Money, Tax Fraud, White-Collar Crime Generally

My January 13th post notes that divorcing spouses can employ nominees, (i.e. intermediaries), to secretly purchase property, conceal bank accounts, etc.  Prosecutors claimed Attorney Orion Douglas Memmott similarly used nominees to hide assets from the IRS.  Mr. Memmott’s 2010 superseding indictment asserted Mr. Memmott hid assets from the IRS by “placing real property in the names of nominees…” It… 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

Private Investigators: A Surreptitious Search For Money Hidden In Divorce & Other Cases

Posted in Asset Search/Fraud Investigation, Bank Search, Divorce & Child Support, Divorce & Hidden Money, Financial Institutions, Hidden Money, Illegal Asset Searches, Privacy Laws, Private Investigators

This is the 2nd post in my series about private investigators & what they can & cannot do legally when searching for assets.  It is also the 10th post in my Divorce & Hidden Money series.  The Huffington Post article “Uncovering Hidden Assets In Divorce Litigation” observes that information obtained by “surreptitious means” might be used by one divorcing… 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

Divorce & Hidden Money: Helga Glock’s Search For Gaston Glock’s Assets

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

This is the ninth post in the “Divorce & Hidden Money” series.  By failing to disclose any offshore assets, one divorcing spouse may cheat the other out of child support, alimony or other court awards.  A spouse cheated this way might however, file requests for judicial assistance, (a.k.a. requests for legal assistance, letters of request, or… 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