Asset Search News

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Interdicting assets parked in Switzerland and forgeries–

  1. “Mubarak sons own assets worth $340 mln in Switzerland: official” examines the seizure of Mubarak family assets at Swiss banks.  Legal remedies for seizing assets in Switzerland range from criminal law tools to civil attachment.  Articles featuring these remedies are: Recovering Assets In Switzerland Hidden By

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Twelve new peer review reports and laundering assets by purchasing real estate:

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Freezing bank accounts maintained by nominees and Scottish prosecutors investigate a suspected tax fraud.

  1. Fraudulently conveyed assets may be recovered even if they are concealed in bank accounts maintained by straw persons / intermediaries (i.e. nominees).  A post-judgment creditor for example, can conceivably freeze or restrain nominee bank accounts in New York, as partly suggested

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Today’s “Asset Search News Roundup” deals with the beneficial ownership of assets.

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Posts concerning asset searches and the recovery of more than 1000 antique coins, an Egyptian sarcophagus and other cultural artifacts.

  • A July

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Common methods for concealing assets and Minneapolis money manager Christopher Pettengill-

  • The January 4, 2011 “Asset Search News Roundup” advised that assets are routinely hidden by utilizing portable valuable commodities like diamonds, bulk cash smuggling and checks & wire transfers.  Another common method for concealing assets is trade-based money laundering.  As p.19 of

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At an April 26, 2010 Moneylaundering.com article*, I basically explained that the damaged investors of a Ponzi scheme can not successfully recover money damages on the ground that a financial institution violated the Bank Secrecy Act:

(To Read The Article, Click On The Image Above)

This Moneylaundering.com article mentioned a 2009 lawsuit…