This 40th post in my Divorce & Hidden Money series mentions Mr. Vardan Keshishyan, who reportedly hid money from his divorcing wife by smurfing (a.k.a structuring ). In the context of money laundering, a smurf makes cash deposits below a bank’s threshold for reporting cash deposits to the government. By doing this the smurf
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
When one spouse uses different ways to hide money from the other spouse, criminal laws are sometimes violated. The spouse who has hidden money because of a divorce could conceivably commit one or more of these crimes:
According to The Financial Action Task Force anti-money laundering group:
Beneficial owner refers to the natural person(s) who ultimately owns or controls a customer and/or the natural person on
The November 30th New York Times Magazine article “How To Hide $400 Million” described the divorce between Sarah Pursglove & Finnish internet tycoon Robert Oesterlund. A document
Ohio lawyer David Keith Roland was recently disbarred for using a Swiss bank account in a scheme to help a divorcing wife hide marital assets
Plastic surgeon Michael D. Brandner & business owner Goderick Augustus Benjamin were accused of committing federal crimes & hiding
A letter rogatory is an application to a foreign tribunal. It seeks permission to serve process on or gather evidence from a foreign witness.