This "Asset Search News Roundup" features France’s richest woman; a retired Orlando police officer; and actor Wesley Snipes:

  1. "Police question French heiress over scandal" reports that France’s richest woman,L’Oreal heiress Liliane Bettencourt, is suspected of hiding assets from French tax authorities. Among other things, French authorities are believed to be investigating whether the heiress could have concealed as much as $100 million by laundering through two Swiss bank accounts.
  2. Retired Orlando, Florida police officer Amy Bretches was convicted on July 21st of money laundering. Her indictment alleged that she unlawfully acquired FEMA monies, hiding them via financial accounts / a certificate of deposit. The jury’s July 21st verdict sheet filed in Ms. Bretches’ case, shows she was acquitted of one money laundering charge and found guilty of two.

  3. Hollywood actor Wesley Snipes lost his appeal this month when his tax fraud conviction was upheld. Mr. Snipes had been convicted in 2008 of violating26 U.S.C. § 7203 by failing to file tax returns for the years 1999, 2000 and 2001. He faces thirty-six months in prison, as discussed by a decision from the Eleventh Circuit Court of Appeals.
  4. (Click On The Image To Read The Court of Appeals Decision)

Copyright 2010 Fred L. Abrams