Fraud in Family Law Cases We are seeing more and more of these family law fraud cases. A lot of times with what's called estate fraud or inheritance theft, what happens is somebody dies in a family and that person who's deceased has assets that need to be distributed, and one family member will decide they want to take more than their fair share. Discovery of Fraud And many times, because the process of [...]
Online scams and fraud have reached staggering proportions, with Bloomberg reporting that pig butchering scams alone have netted more than $75 billion. To put this into perspective, if this scam were a public company, it would rank among the top 50 companies in the country, surpassing even some well-known Fortune 500 companies. Understanding Pig Butchering Scams Pig butchering scams typically involve a scammer approaching victims, often through social media, with promises of lucrative investments. [...]
Electric vehicles (EVs) represent only about one percent of all vehicles on the road, yet states are increasingly adding taxes and fees that could diminish their appeal. Currently, the cost disparity between EVs and their gas counterparts is substantial, with EVs costing $10,000 to $15,000 more upfront. Even with potential savings on fuel, it could take up to a decade to break even on the investment. State taxes on EVs According to recent reports, [...]
Remember, over the last year, if you've seen our videos, we've talked about scams and fraud really increasing. Did you believe us? Well, here you go—it's starting to prove out. This is the CFO of a top bank, Regions Bank, saying nobody wants to talk about it, sounding the alarm. Rising Incidents: A Call to Action $136 million is being stolen from customer accounts at One Bank Region's Bank, and they're not the largest [...]
We recently engaged in a conversation with a client regarding the prevalence of online scams and frauds. A pivotal question arose: how often do these perpetrators face consequences? Beyond reclaiming lost funds, there's a crucial need for scammers to be held accountable for their actions. Do they truly get caught? Scammers in the Crosshairs Contrary to belief, scammers and fraudsters do get caught and prosecuted regularly. We'll delve into a few examples, dissecting the [...]
Cryptocurrency, especially Bitcoin, has become a magnet for investment scams. The allure stems from its meteoric rise in value, often making headlines and enticing investors. However, these scams exploit the veil of Bitcoin's opacity and concocted algorithms to siphon funds. Investigative Tools: Chain Analysis Tools like chain analysis offer investigators and victims alike a means to track cryptocurrency transactions. From monitoring transactions to tracing the flow of crypto, these tools aid in uncovering fraudulent [...]
About a year ago, we discussed NRIA (National Real Estate Investment Advisors) in a video. We outlined troubling events: the potential criminal backgrounds of some executives, false mortgage applications, and concerns about their business model. We couldn't reveal much due to an ongoing investigation, but recently, NRIA filed for bankruptcy. The High Flyer's Downfall NRIA was a high-profile company, attracting millions of individual investors. Their bankruptcy leaves uncertainty about the invested money's fate, as [...]
At the end of each year or the beginning of a new one, businesses engage in the traditional practice of goal setting. Sales, manufacturing, and profit—these are the targets often established for the upcoming year. However, it's time to reconsider this approach. The Flaw in Percentage-Based Goals Many businesses set their goals based on percentage increases from their previous performance. For instance, aim for a 10% or 20% rise in sales. However, this strategy [...]
Initial Expectations So you've hired an investigative agency or you're considering hiring an agency to do some type of research for you. Maybe it's an asset search, maybe it's an illegal activity research, maybe it's investigating a person's background. Whatever the case is, you're going to eventually get a report from that agency if it's a legitimate agency, and that report normally would be 14 to 20 pages of results. If it's an asset [...]
There are several different types of financial asset discovery FL from your licensed private investigator. Businesses or individuals that own assets are bound to have a need for asset discovery services at some point in time. Generally speaking, these solutions involve keeping a check on valuable, hard-to-locate assets. Of course, this can be especially helpful for modern corporations, attorneys, wealthy individuals, or divorcees. If you are contemplating the need for these professional solutions, you’ll [...]
