Hidden Assets – Individuals
Common Hiding Places

1 - Currency

• Cash
• Cashier’s checks and travelers checks
• Stored value cards
• Financial institutions
• Bearer securities

2 – Investments

• Brokerage accounts
• Government bills and bonds
• Business investments
• Limited partnerships

3 – Loans

• Friends, relatives, business associates
• Prepaid taxes, etc.
• Professionals trust accounts
• Deposits & prepaid expenses (credit cards, travel, etc.)

4 – Transfers and Gifts

• Friends, relatives, business associates
• Trusts
• Asset protection trusts

5 – Asset Purchases

• Jewelry and gems
• Collectibles
• Vehicles, boats, aircraft
• Real property
• Insurance policies

– R. S. Kulzick – 12/08/2007 –

Reference: Association of Certified Fraud Examiners. (2004). Making crime pay: How to locate hidden assets. Austin: TX.