Asset Tracing


Fraudsters use layering techniques to hide their involvement in dishonesty or conceal their apparent source of wealth. This may involve cross border transactions involving other jurisdictions, short-term real estate (or other asset) ascquisition and disposal, or long term investment to generate future return.

Asset tracing establishes audit trail transparency from the point of misappropriation (of money/asset), to identify ownership or control arrangements at a subsequent point in time; of either, the original or a substitute asset obtained using stolen property.


Approach

In complex cases, this can involve a combination of:

  1. Investigation, accounting and legal skills to identify evidence (e.g. money trails, assets, entities and people involved in the layering process)
  2. Analysis of financial data and other records (e.g. bank statements, purchase orders, invoices, telephone records, email traffic, land registry records, company filings, etc.)
  3. Proceedings via the courts, to complete audit trails and enable claims to be made to trace, freeze and recover assets; sometimes involving cross-border investigation (e.g. where funds/assets are moved to other jurisdictions, etc.)

Skills mix

In addition to the possible involvement of police, who might seek restraint of assets as part of their own investigation into allegations of fraud or other dishonesty, timely and successful asset tracing may also require a combination of the following skills:


How we can help you

FCRM provides investigation, corporate intelligence and open sourcce research services. We also have acsess to a network of UK and international associates with specialist and complimentary skills, to identify and obtain evidence from people, IT systems, accounting records and details of asset ownership/control in other jurisdictions.

FCRM is accustomed to working with clients and their legal advisors in gathering intelligence and evidence to support asset-tracing proceedings.


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