The jury’s August 5, 2009 verdict in U.S.A. v. Jefferson, found former congressman William Jefferson guilty of hiding bribery proceeds by laundering them, as described by the 12th, 13th and 14th counts of his indictment. The August 5, 2009 verdict and a U.S. Department of Justice press release also state that Mr. Jefferson
Asset Search News
Asset Search News Roundup: August 5, 2009
By Fred Abrams on
Posted in Asset Search News
Bernard Madoff’s wife Ruth, is featured in this week’s "Asset Search News Roundup". I explained in my June 27, 2009 post, "Will Ruth Madoff Keep Her Remaining $2.5 Million In Assets?", that Madoff trustee Irving Picard could file a viable lawsuit against Ruth Madoff. Last week this actually happened, when trustee Picard filed…
Asset Search News Roundup: July 30, 2009
By Fred Abrams on
Posted in Asset Search News, Tax Fraud
In my June 1, 2009 "Asset Search News Roundup" I wrote about how national tax authorities can enter into tax information exchange agreements. The July 24, 2009 article "Tax Transparency Is Set To Increase", also discusses these agreements, which sometimes uncover offshore assets hidden in a tax fraud. As…
Asset Search News Roundup: July 24, 2009
By Fred Abrams on
"An Asset Search, Tax Fraud & Divorce" mentioned that Brian, (a former high-ranking official at the Financial Crimes Enforcement Network, who had earlier been an IRS special agent), said: "Once a tax fraud investigation starts rolling along, nobody knows where it may end up".
Today’s "Asset Search News Roundup" is…
Asset Search News Roundup: July 18, 2009
By Fred Abrams on
Posted in Asset Search News, Securities Fraud
Attempts to recover assets connected to securities fraud are the subject of this "Asset Search News Roundup":
- Pages 27-30 of trustee Irving Picard’s July 9, 2009 report, outline some of the efforts to recover offshore assets related to Mr. Bernard Madoff’s Ponzi scheme / securities fraud. So far, Mr. Madoff’s offshore assets have been
…
Asset Search News Roundup: July 12, 2009
By Fred Abrams on
The "Asset Search News" for this week discusses my interview by AssetForfeitureWatch.com; Transparency International’s press release about Kenyan police corruption; and the file assistant who pleaded guilty to computer intrusions in violation of U.S. privacy law.
+AssetForfeitureWatch.com provides the law enforcement community with training / support in the area of asset forfeiture. Last Tuesday…
Asset Search News Roundup: July 6, 2009
By Fred Abrams on
This "Asset Search News Roundup" concentrates on the International Centre For Asset Recovery ("ICAR"), which is part of the Basel Institute on Governance. ICAR’s "Knowledge Centre" is particularly geared toward helping "asset recovery practitioners, investigators, prosecutors and policy makers worldwide".
The Knowledge Centre generally has information for domestic governmental authorities, about forced…
Asset Search News Roundup: June 30, 2009
By Fred Abrams on
Posted in Asset Search News
"Asset Search News Roundups" from this year on January 10, March 17, March 25, April 1, etc., raised a variety of issues related to Bernard Madoff. My very last post, (i.e. "Will Ruth Madoff Keep Her Remaining $2.5 Million?), was also connected to him. I again mention Bernard Madoff, among other…
Asset Search News Roundup: June 25, 2009
By Fred Abrams on
Posted in Asset Search News, Holocaust-Era Assets
On October 6, 2008 I wrote that an asset search / investigation focusing on Nazi-looted art could culminate in a Holocaust-related art restitution case. Holocaust-era art restitution cases are also going to be discussed at the “Holocaust Era Assets Conference“, which starts tomorrow. This conference is being held in the Czech Republic and …
Asset Search News Roundup: June 19, 2009
By Fred Abrams on
Today’s "Asset Search News Roundup" discusses yesterday’s arrest and indictment of Mr. Allen Stanford, who was the subject of my very last blog post. Just as Bernard Madoff was accused of money laundering, so is Mr. Stanford. Mr. Stanford has among other things, been indicted pursuant to 18 U.S.C. §1956 (h) (Conspiracy to commit…