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Investigating & Recovering Hidden Money & Other Assets

Published By: Fred L. Abrams, Attorney At Law

Home > Asset Search/Fraud Investigation > Using Real Estate To Wash & Hide Assets

Using Real Estate To Wash & Hide Assets

By Fred Abrams on November 23, 2015

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

“Searching For Assets Laundered Through Real Estate” shows how one divorcing husband washed & hid assets during his divorce. The following is a sanitized case study from the Egmont Group of Financial Intelligence Units. It is about “O” & “R” who may have similarly employed real estate in a scheme to hide assets. O & R might have been narcotraffickers washing their illicit proceeds by purchasing real estate in Europe:

Photo: Gemenacom/Shutterstock.com

Case Ref. 08011: courtesy of the Egmont Group of Financial Intelligence Units

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About Fred Abrams

As a member of the New York bar since 1990, Mr. Abrams has handled a wide variety of legal matters in which assets were hidden, such as RICO, money laundering, identity theft and tax fraud. He additionally handled cases in federal court in which his adversaries were Casio Computer Co. Ltd. of Japan; General Motors Corp.; Detroit Diesel Corp; & Lloyds of London.