CRA team members conducted an asset search to identify $200 million in assets secreted in tax haven vehicles located in jurisdictions around the globe. The team utilized proprietary data sources and discreet inquiries with human sources to identify undisclosed business partnerships and ownership interests. The investigation traced business associates and business transactions to identify personal and corporate funds secreted in offshore accounts. The case was settled based upon the findings developed for the plaintiff in this litigation.
The role of forensics in anti-money laundering investigations
The authors provide insights into how forensic analysis plays a significant role both in investigating money laundering and assessing its financial impact....