Think Offshore Secrecy Havens Are Impenetrable and Beyond Asset Recovery Reach?
The UBS case where tens of thousands of US taxpayers were counseled on how to evade US taxes by the huge Swiss bank is symptomatic of the obstacles the 60 secrecy havens present. In nearly every major fraud or case where drug traffickers or corrupt political leaders hide dirty money, a secrecy haven ap-pears. They make it easier for criminals to shield fraud and other criminal proceeds from recovery. But, they are not impenetrable. There are judicial, investigative and other remedies available in many havens that permit lifting of the veil of secrecy, discovery of the true ownership of assets and disclosure of sensitive financial information. Seasoned experts on this panel will show you how to work within the legal frameworks of offshore havens and achieve these things and the measures to use to uncover and recover the proceeds of fraud, corruption, organized crime and other misconduct.
