Tag Archive for: hidden assets
Husband Sends Wife’s Home Into Foreclosure Behind Her Back
We usually blog here about how to find hidden assets in the context of a divorce, however, we recently came across a story that serves to caution those entering a marriage not to relinquish all control over the family finances.
According to…
Ex-Wife Wants Second Bite at Former Apple CEO’s Million Dollar Hidden Assets
According to media reports, Former Apple CEO John Sculley is currently being sued by his ex-wife, of 32 years, Carol “Leezy” Sculley, for allegedly hiding more than $25 million in assets from her at the time of their divorce. Sculley and…
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…
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…
Produce Company’s Owner Accused of Hiding Assets and Swindling Strawberry Company out of Millions
Last week, Curtis Harold DeBerry, owner of the Texas-based Progreso Produce Company, was arrested and accused of cheating investors, business partners and banks out of millions of dollars over the past few years. He now faces up to…
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…
South Korean Authorities Search for Property Mogul’s Hidden Assets
In news from South Korea, prosecutors and tax authorities have started to uncover hidden assets held by Huh Jae-ho, former chairman of the now-bankrupt Daeju property empire, in an effort to levy the large fine he owes to the country. …
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.,…
