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…
Happy Tax Day: How to Find Assets Using Tax Returns
It’s everyone’s favorite or least favorite day of the year—tax day. While some people are rejoicing about their anticipated refund check, others are reluctantly handing money over to the government. Here, we’re thinking about the…
Hidden Assets and the Gray Divorce Revolution
A recent study has shown that divorce rates for people over 50 has skyrocketed during the last 20 years in what has been dubbed the “gray divorce revolution.” This has two implications for people like us who are tasked with finding hidden…
Former Brooklyn Prosecutor Convicted of Fraud on NYC Transit Authority
According to the New York Law Journal, yesterday, a Brooklyn jury convicted former Brooklyn prosecutor, John Headley, of fraud and misconduct over his misuse of New York City Transit Authority funds. Headley’s company, Advance I.M.E. Co.,…
Tracking Down Life Insurance Settlement Payouts
PROBLEM:
You are fairly certain your debtor has a life insurance policy and you are worried he may try to cash in on it before you get divorced.
SOLUTIONS:
The law surrounding life insurance policies in divorce can be confusing…
Gathering Intelligence in National Divorce Month
Every January, the depressing stories come back. Following the festive season, eating, drinking and family reunions come the reminders that January is “Divorce Month.”
This one at CNN is somewhat typical. But it turns out that January should…
Finding Investments in Commodity Futures Contracts
PROBLEM:
You know you’ve heard your debtor tell friends that some of his best investments were in commodity futures contracts, but you have no way of knowing just how much money he has invested in them.
SOLUTION:
We’ve…
Finding Offshore Assets: New Database Makes It Easier?
We wrote not too long ago here about our methodology for tracking down offshore accounts and how difficult and expensive this process can be. Well, it looks like locating offshore accounts may have just become a tiny bit easier.
As reported…
The Ex Factor: Ex-Husband Accuses X Factor Judge Paulina Rubio of Hiding Assets
According to several media reports, Latin superstar, Paulina Rubio has been accused by her ex-husband of concealing assets during their divorce proceedings earlier this year. The couple divorced in March and the pop-star reportedly agreed…
Tracking Down Travelers Checks
PROBLEM:
For as long as you’ve known your debtor, he’s insisted on purchasing travelers checks before going on any vacation. You didn’t really see the need, but now you’re starting to wonder if he may actually have converted some…
