Similar to my program “Searching For Hidden Assets”, this video discusses methods for hiding assets by laundering them.
I will present my program “Searching For Hidden Assets” at the 20th Fraud & Forensic Accounting Conference hosted by Louisiana State
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
USA v. Trahan was about the criminal prosecution of former FBI Special Agent, Gregory Paul Trahan. During Mr. Trahan’s divorce, Mr. Trahan hid bank accounts and cash from his wife. Mr. Trahan also helped a person in another divorce,
Table 1 partly shows that 2 shell companies were allegedly used by Congressman Henry Cuellar and / or his wife Imelda Cuellar, to wash $360,000 in suspected bribe payments.1
On 4/30/24 Congressman Henry Cuellar and his wife Imelda were
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
If you are in a high net worth divorce, your spouse might hide community property from you by misusing:
These are just three of the common money laundering methods. Although not a
Hunter Biden allegedly used shell companies & the diamond at this chart, in a supposed corruption scheme.*
As was widely reported, The U.S. House Committee on Oversight and Accountability, (“the Committee”), published its August 9th memo about Hunter Biden
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
You may wonder if Infowars host Alex Jones, (“Jones”) has hidden his money or other assets. An expert in a lawsuit against Jones apparently claimed Jones and his Free Speech Systems company were worth as much as $270 million.
Learning about concealment schemes can help you spot concealed assets your spouse places beyond your reach during your divorce. Therefore, a divorcing spouse trying to identify hidden marital assets / community property could learn a lesson from Dr. Krishnaswami Sriram. Dr.