An asset search for stock share certificates begins with looking for red flags. These red flags are listed at the July 2019 paper “FIU Tools and Practices for Investigating Laundering of The Proceeds of Corruption.” As page 19 paragraph 29 of the paper says, you should look for:
“[R]eceiv[ing] or purchas[ing] shares
Mobsters and fraudsters hiding assets seem to favor Formations House in London, an Organized Crime and Corruption Reporting Project webpage revealed. The webpage is called “#29LEAKS: Inside A London Company Mill.” Its first paragraph describes some of the customers thought to use Formations House:
What do a Swedish Hells Angels boss, an Iranian state oil
The N.Y. State Attorney General has pursued an asset search of the Sackler family, Purdue Pharma and business entities related to them. The N.Y. State Attorney General tried to do this through its lawsuit in Suffolk County N.Y. against the Sackler family and Purdue Pharma. At court filings in the Suffolk County case, the N.Y.
Although I have many asset search tips for you, three stand out if you are trying to detect a large amount of hidden money or other high value assets. My asset search tips are that you recognize: competing claimants; compartmentalization and laundering links.
My first asset search tip is that you see
Today’s post is about Mr. Alex Nain Saab Moran (“Saab”) and Mr. Alvaro Pulido Vargas (“Pulido”) who could have hidden money at offshore banks; multiple jurisdictions; and in a nominee bank account (i.e. a bank account titled in the name of an intermediary). I listed these three methods for hiding assets at “Red
As part of your asset searches, you or your lawyer may hire private investigators. These private investigators sometimes interview witnesses to find hidden assets. However, ethical rules apply to your lawyer when he/she employs private investigators for witness interviews. The applicable ethical rules can vary, depending on the state or jurisdiction a lawyer practices law
Asset searches at banks raise the question: how do you search for bank accounts you are unaware of? One wife found a box in the basement. Her divorcing husband forgot to take it when he moved out. This box had an offshore bank’s brochure and the husband’s application to
This 38th post in the “Divorce & Hidden Money” series shows you how your divorcing spouse can open secret offshore bank accounts. The post also talks about presenting evidence in court about the offshore bank accounts.
Your divorcing spouse can open a secret offshore bank
Your divorcing spouse may be hiding assets at an offshore trust. Your divorcing spouse may secretly transfer marital assets to the offshore trust. The divorcing spouse could also make new purchases through the offshore trust. The trust could purchase: real property; jewelry; valuable automobiles; and almost
In USA v Dan Horsky prosecutors claimed Mr. Horsky had hidden money in Zurich, Switzerland at Credit Suisse and at other offshore banks. The gravamen of the allegations at Mr. Horsky’s criminal complaint was that Mr. Horsky concealed $200 million from the IRS in a tax fraud scheme. Two years ago Mr. Horsky was