Individuals ranging from Nazi war criminals to tax fraudsters have long been known to secretly transfer assets by smuggling cash.  Today’s “Asset Search News Roundup” focuses on this smuggling.

• The January 11, 1941 article “Confirms Nazi Money Hiding“, describes one Holocaust-era scheme in which Nazi war criminal Hermann Goering pocketed smuggled cash.  Goering is mentioned at the Asset Search Blog article “During A War Everybody Loots A Little Bit“.
• “A Doctor, A Lawyer & Bricks Of Cash In Switzerland” discusses a tax fraud partly facilitated through bulk-cash smuggling.  Criminal charges just lodged by Indian police against a top-ranking Tibetan Buddhist monk, also bring up cash smuggling.  As The Telegraph and Time report, police claim the monk possessed smuggled cash at his monastery, which is in northern India.

Copyright 2011 Fred L. Abrams