Financial Crime Investigators in Liechtenstein Uncover Hidden Assets through Advanced Techniques
Liechtenstein’s financial crime investigators are utilizing cutting-edge techniques to uncover hidden assets and bring tax evaders to justice. In this article, we will explore the advanced methods they employ to gather information and build a strong case against those who evade taxes.
Creating a Subject Profile
The first step in any investigation is the creation of a subject profile. This involves collecting and recording basic information about the target, including:
Identifying Details
- Name
- Date and place of birth
- National identity card
- Passport
- Other identifying documents
Contact Information
- Phone numbers
- Email addresses
- Physical addresses
- Recent photographs of targets and associates
Fingerprint Cards and Criminal Record Search Results
- Fingerprint cards
- Criminal record search results
- Academic records, employment history, and association memberships
Public-Source Searches
- Internet search engines
- Social media sites
- Local and international media reports
- Libraries
- Government agencies
- Salary statements from relevant government employers
- Real estate records and financial information about banks and other entities
Gathering Financial Data and Evidence
As investigators establish profiles of their targets, they must also obtain financial data and other evidence to secure reliable, admissible evidence for trial. This may involve gathering documents and leads from a range of sources, including:
- The internet
- Government agencies
- Financial institutions
- Law and accounting firms
- Business competitors
Investigative Techniques
The use of one investigative technique can often provide leads or information that justifies taking additional measures, such as searching a business or residence to uncover evidence linking the target to foreign accounts. Physical surveillance may reveal potential gatekeepers or professional intermediaries who can be investigated further.
Open-Source Investigations
Open-source investigations play a crucial role in financial crime investigations, providing access to publicly available information that can be gathered by any legal means. This includes:
Examples of Open-Source Information
- Official public records such as birth and death certificates
- Private databases like property and credit reports
- Civil litigation proceedings
- Corporate registrations and financial statements
- Patent and trademark applications
- Nonprofit organization registrations
- Tax filings and retirement plan information
- Moveable-asset tracking sites
- Social media postings
- News media reports
International Sources
Investigative reporting and nongovernmental organization (NGO) reports can also provide valuable insights into financial crime activity. Some examples of international sources include:
FATF Reports
Financial Action Task Force (FATF) reports, informational country reports, asset recovery guides, and beneficial ownership guides.
Combining Advanced Investigative Techniques
By combining these advanced investigative techniques, Liechtenstein’s financial crime investigators are able to uncover hidden assets and bring tax evaders to justice, protecting the integrity of the financial system and ensuring that everyone pays their fair share.