As partly suggested by the list of statutes at my post, "An Asset Search, Tax Fraud & Divorce", hiding assets may lead to a variety of white-collar crimes. Perhaps attorney Stephen Yagman’s June 22, 2007 conviction on one count of tax evasion, one count of bankruptcy fraud, and seventeen counts of money laundering
Committing Bank Fraud Through Identity Thefts
An August 25 Newsweek article mentioned that Federal Reserve Chairman Ben Bernanke had fallen prey to identity thieves after Mr. Bernanke’s wife had her purse stolen. One of the people believed to have been responsible for that identity theft is Clyde Austin Gray, Jr. Mr. Gray had conspired to commit identity theft nationwide, according to
Using Foreign Computer Evidence Against An Accused Hacker
Albert Gonzalez was arrested in the Southern District of Florida on May 8, 2008 pursuant to this warrant:
.jpg)
Click On The Arrest Warrant To Enlarge It
The arrest arose out of Mr. Gonzalez’s alleged computer hacking / identity theft scheme which was later outlined in a May 14, 2008 New York superseding indictment. This superseding indictment in U.S.A. v. Yastremskiy, et. al., 08-cr-00160, claimed that Mr. Gonzalez and his co-defendants had stolen credit card information through computer intrusions at Dave & Busters, Inc. restaurants. Mr. Gonzalez and / or his co-defendants were accused of violating federal laws including but not limited to: conspiracy (18 U.S.C. §371); fraud related to computers (18 U.S.C. §1030); wire fraud (18 U.S.C. §1343 ); access device fraud (18 U.S.C. §1029); aggravated identity theft (18 U.S.C. §1028A); etc.
Almost three months after the superseding indictment was filed against him in New York, Mr. Gonzalez was next indicted in Massachusetts. According to the August 5, 2008 Massachusetts indictment in U.S.A. v. Albert Gonzalez, 08-cr-10233, Mr. Gonzalez had hacked computers which stored credit card information for BJ’s Wholesale Club, DSW, OfficeMax, Boston Market and others.
Like the New York superseding indictment, the Massachusetts indictment accused Mr. Gonzalez of: conspiracy (18 U.S.C. §371); fraud related to computers (18 U.S.C. §1030); wire fraud (18 U.S.C. §1343 ); access device fraud (18 U.S.C.§1029); and aggravated identity theft (18 U.S.C. §1028A). The Massachusetts indictment also essentially asserted that Mr. Gonzalez had hidden the proceeds of his hacking / identity theft scheme by money laundering through multiple jurisdictions.Continue Reading Using Foreign Computer Evidence Against An Accused Hacker
Eliciting Evidence From Foreign Bank Witnesses
Some post-judgment creditors, divorcing spouses and other private litigants use a domestic summons / subpoena to elicit an adversary’s bank customer information from a foreign bank witness. Under limited circumstances, these private litigants might serve a domestic summons / subpoena, as set forth by the Court in First American Corp. v. Price Waterhouse, 154
“During A War Everybody Loots A Little Bit”
“Goering Hoards Nudes, Jingles Emeralds in Catalog of Looted Art“, quotes Reichsmarschall Hermann Goering as having said: “During a war everybody loots a little bit“. The May 28, 1945 Time Magazine article “Art: Goring’s Beauties“, valued Goering’s collection of Nazi-looted art at $200,000,000.
Here is a June 9, 1945
Concealing Assets By Smuggling Cash
A true beneficial owner may try to hide his / her assets by smuggling cash across a country’s border, into another jurisdiction. My July 27th article, “A Yola, A Police Sergeant & A Restauranteur“, mentioned the issue of smuggled cash. “Smuggling Cash Across Iraq’s Border” and “Offshore Bank Accounts In
A Yola, A Police Sergeant & A Restauranteur
After an at-sea interdiction, U.S. prosecutors are seeking asset forfeiture of a 26- foot yola (boat) and the nearly $1.7 million on board alleged to be undeclared currency hidden in two suitcases and a small bag. The captain of the yola was Sergeant Juan Quinones-Rosario of the Police of Puerto Rico and its crew member
Link Charts In An Asset Search
If your are suing your adversary over hidden assets, you might be able to use link charts. You can use the charts in court to show how your adversary has hidden money or other assets. Financial Intelligence Units, local law enforcement, prosecutors, etc. visually analyze data through link charts like the one below from
Some Abusive Offshore Tax Avoidance Schemes At UBS
U.S. taxpayers who beneficially own a foreign bank account with assets in excess of $10,000, are required to disclose the same at Schedule B, Part III of their U.S. Individual Tax Return Form 1040. These taxpayers must also separately file a TDF 90-22.1, (a.k.a. a “FBAR” form), the first page of which is shown here:
UBS & Its “John Doe” Summons
“A Domestic Subpoena / Summons In An Offshore Asset Search” describes how the IRS and U.S. Department of Justice were granted court permission to serve a “John Doe” summons on UBS AG. This summons was supposed to help the IRS identify assets and / or undeclared revenue hidden by any U.S. taxpayers