Investigating & Recovering Hidden Money & Other Assets
At "Asset Search Indicia For Divorce, Debt Collection & Bankruptcy ", I described a number of common asset concealment methods. Three of these methods, (i.e. cash, portable valuable commodities and nominees), are explored by this week’s "Asset Search News Roundup":
a) As I suggested to Forbes Magazine in its March 13, 2008 article "…
Covered by this "Asset Search News Roundup" are: a German student arrested for hiding $15 million in his luggage; Sir Ian Blair’s resignation amidst a public corruption claim; and the financial fraud investigation of AIG Insurance Company.
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Given the fact that some beneficial owners conceal funds in bank accounts used as money laundering "links", this "Asset Search News Roundup" describes money laundering news from around the world:
1. Australia: The Australian Institute of Criminology, has released its September report, "Money laundering risks of prepaid stored value cards". Said…
Since public corruption crimes can involve the concealment of bribe money or other illicit assets, public corruption is the subject of this "Asset Search News Roundup". As partly mentioned at "White-Collar Crime & A Former Top Cop", Transparency International’s Corruption Perception Index annually ranks 180 countries by their perceived levels of corruption.
The…
The hacking of vice presidential candidate Governor Palin’s e-mail account at Yahoo, is examined by this "Asset Search News Roundup". Based on the Washington Post’s "Hacker impersonated Palin, stole e-mail password ", the hacker violated federal privacy law 18 U.S.C. § 1030, (Fraud and related activity in connection with computers).
The hacker is…
This "Asset Search Roundup" covers the guilty plea of Raffaello Follieri; a suspected tax return preparer fraud in Minnesota; and how cash is sometimes hidden by "zappers":
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Mr. Frank Lowy of Australia; Puerto Rico Governor Anibal Acevedo Vila; and articles regarding privacy issues; are all mentioned in this "Asset Search News Roundup":
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The instant "Asset Search News Roundup" mentions a suspected tax cheat who may have absconded to Costa Rica; Switzerland’s release of $60 million belonging to a leading Pakistani politician; and that software designed to combat financial crime is being tested in Australia:
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This week’s roundup highlights three different matters in which assets were hidden by a "john" patronizing prostitutes; a Pakistani national engaged in terrorist financing; and an attorney from Utah:
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