NCJ Number
116420
Date Published
1988
Length
22 pages
Annotation
This manual explores the methods that law enforcement investigators can use to identify hidden assets in real estate and business enterprises obtained with funds derived from illegal activities.
Abstract
Hidden assets investigations are time-consuming and costly and call for dogged attention to details. Many times the initial information generating a hidden asset investigation comes as a spin-off or lead from another investigation or comes as the result of the investigations of a major offender. Investigative methods such as analysis of mail, telephone conversations, and trash are detailed as are the use of criminal intelligence through informants. Governmental sources of information are discussed and include county records from recorders of deeds, liens offices, health and weights and measurements departments, and tax and sheriff's offices. State records that often yield information about hidden assets include corporation registers, business employee reports, and tax returns. State police and licensing boards and regulatory bodies should also be contacted. Still another avenue of information includes businesses affiliated with the business or real estate investment under investigation. Vendors and those who supply raw materials and collect trash should be interviewed as well as accountants, bankers, and realtors who supply professional services. Successful hidden assets investigations require proactive effort.