Bankruptcy Judge Pounds on Drumm in Judgment Denying Discharge
According to several media reports, former Anglo Irish Bank chief executive, David Drumm was recently denied a bankruptcy discharge by a judge in Boston. Drumm appealed the ruling on Friday. Not only did the judge keep Drumm on the hook…
Stashing Cash with Ammo: Convicted Fraudsters Hide Money Away in Ammunition Canisters
We’ve heard of people stowing money beneath the mattress and under floorboards before, but we recently came across this article about the family of convicted Ponzi-schemer Ron Wilson hiding Wilson’s money for him in ammunition canisters. …
Divorce Assets in Bankruptcy? Oh Yes!
You wouldn’t think old bankruptcies are a place worth checking when hunting for assets. If someone’s bankrupt, it means they are essentially out of money, right?
Wrong, at least sometimes.
We have found all kinds of wonderful material…
Licenses and Trade Names
In a country in which people can form a company in minutes over the internet, it’s amazing to us how many asset searches proceed on the basis that you only need to look for property owned directly by a person.
So often, we find that someone…
Feuding Singapore Duo Settle Marital Asset Dissipation Claim
According to Bloomberg, the co-founders of Ezra Holdings, Ltd., a Singapore-based offshore marine company, reached a confidential settlement resolving their lengthy legal battle over $164 million in marital assets. Much of the dispute centered…
Why Email Accounts Should be on Every Divorce Inventory
Although a no-brainer when it comes to contemplating divorce, it’s remarkable how often couples forget about old bank accounts they thought had been emptied and closed, but turn out to be active and full of money.
This happened recently to…
Digital Assets: Worth Money, but Also Great Providers of Information
If you haven’t already, add digital assets to the list of things to look for in asset searches. In a world in which even modestly-trafficked internet domain names can change hands for tens of thousands of dollars, Delaware has become the…
Heirs Look to Cash in on Stolen Oil Rights Hidden in Secret Company
Grandchildren of the late Judge Leander Perez, a segregationist political boss who ruled Plaquemines Parish, Louisiana from the twenties until his death in 1968, recently filed a so-called “legacy lawsuit” against several large oil companies…
Husband May Face Jail Time for Hiding Assets in Offshore Companies
A London judge has ordered oil trader Michael Prest to pay his wife over $600,000 in support and alimony payments or face jail time. Prest’s case gained attention last year for a landmark U.K. Supreme Court ruling permitting Yasmin Prest…
Cell Phone Pinging and Probable Cause
The next time an investigator tells you he can legally “ping” someone’s cell phone to figure out where they are going, run away fast. We’ve written before about the illegality of getting a friendly phone company employee…
