On March 31, 2026 I will present for The Houston Association of Certified Fraud Examiners, my program about asset tracking. My program is called “Searching For Hidden Assets: What You Need To Know”. I will present “Searching For Hidden Assets” virtually at 1:00 pm E.S.T. During this program, I will discuss asset tracking issues ranging
“HIDING HIGH-NET-WORTH ASSETS, WHAT YOU NEED TO KNOW,” is a new program and it is the first of its kind. I say this because it highlights how almost anything can be hidden and secretly transferred. I will present this new program with Leila A. Amineddoleh. Leila is a leader in the field of art and cultural
Since Mr. Jack Stephen Pursley’s tax evasion case showed methods for hiding assets, I discussed his case at my August 16, 2020 post . Then on January 12, 2022, The U.S. Court of Appeals vacated Mr. Pursley’s criminal conviction. Meanwhile, on March 28, 2023 Mr. Pursley pleaded guilty to Count One of his
Structuring cash, (a.k.a. smurfing), is one thing to look for when spouses hide money during their divorces in community property states. US Treasury Department’s FinCEN explains structuring occurs if you “break up…currency transactions [at banks] into multiple, smaller amounts to avoid being reported to the government.”1 This means organizing cash transactions beneath the
During your divorce you may need to search for community property your spouse hid in secret bank accounts.1 If your asset searches & / or bank searches show your spouse hid community property, you may need to prove this in Court. If so, there are pitfalls you can avoid which are discussed below. I
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