Last Tuesday Senator Warren released her plan to track hidden money & fight corruption. Money launderers, tax dodgers, narco-traffickers; terrorist financiers and other fraudsters can easily establish shell companies without disclosing who actually owns the shell companies. They open bank accounts and maintain the bank accounts in the names of the shell companies,
Money Laundering Indicators In Dan Horsky’s Case
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
Divorce & Hidden Money: Ways To Hide Money & Commit Crimes
HIDDEN MONEY & CRIMES
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:
Asset Searches To Detect Money Laundering, Bribes & Hidden Money
Fifteen West African countries sent judges; &/or prosecutors; &/or law enforcement agents to attend the asset recovery workshop I recently lectured at in Abuja, Nigeria. I was one of four resource persons at the workshop which was a
An Asset Search For Money Trails
I. DURING YOUR ASSET SEARCH LOOK FOR A MONEY TRAIL
There is always a money trail you can follow during your asset search. This is true no matter how your adversary hides assets. Even if your adversary maintains a secret offshore bank account there is a money trail. The money trail at the offshore bank
How To Search For Hidden Money
My tips for finding hidden money are at Seven Tools For A Successful Asset Search. Hiring a private investigator is also usually a good idea. For additional help in your search for hidden money, you may need some of the following.
A) HANDWRITING EXPERTS
If forged documents were used to hide or steal money,
An Asset Search, Tax Fraud & Nominees
A scheme to hide assets may start out with the primary goal of placing assets beyond your reach. The scheme may then develop the secondary goal of hiding assets from tax authorities/committing a tax fraud. To increase your chances of a successful asset search, you should therefore look for indicators of tax fraud. A good
Your Asset Search Through Collecting Tips
During your asset search gather tips from witnesses who not only know about your adversary’s assets but are also at odds with your adversary. If you are litigating
Asset Searches Under § 1782
You may be able to use 28 U.S.C. § 1782 to perform asset searches connected to your foreign: divorce; dispute over a will; financial fraud claim; etc. This is true because pursuant to
3 Goals For Your Asset Search
Searching for an adversary’s hidden assets can be like tracking a shell-game-operator. In USA v. Khalili for instance, Mr. Dan Farhad Khalili was accused of hiding assets & undeclared revenue from the IRS for 15 years at 5 offshore banks. The offshore banks were located in Switzerland & Israel. Although on 4/27/11 Mr. Khalili applied