Case Study — Uncovering Hidden Assets with LCG Advisors

By Nona Patronite, Managing Director

Introduction

In today’s complex financial environment, locating hidden assets — particularly in cases of court judgments — is often essential for law firms and attorneys to ensure the enforcement of their clients’ rights. This case study showcases the strategic approach of LCG’s Investigative Services Group (ISG) and its proficiency in uncovering hidden assets, offering law firms and attorneys a powerful resource for asset investigations.

Objective

The primary objective was to uncover assets that were not immediately apparent or transparent, thereby empowering legal professionals with actionable information. ISG was engaged by a law firm client to identify assets belonging to an individual whom they had just successfully sued in court. Armed with a court judgment, ISG was tasked with identifying any tangible and hidden assets such as real estate, watercraft, or vehicles, as well as bank and investment accounts.

Investigative Methods and Findings

ISG’s initial assessment revealed no assets registered under the individual debtor’s name. However, using advanced investigative techniques and a proprietary collection of data sources, the ISG team widened the scope of the investigation to include not only the individual, but their family members and potentially associated business entities, as it is not uncommon for assets to be shielded through resources such as another party or shell company.

Outcome

By using this methodology, ISG uncovered real property camouflaged within a network of half a dozen entities linked to the individual. Because of the comprehensive research conducted and recommendations for a second phase of research, the client was able to obtain new leads to pursue the funds owed to them. ISG’s findings equipped its client with a significantly clearer picture of the individual’s true financial standing, proving invaluable for their pursuit of asset recovery.

Conclusion

ISG’s success in this complex asset location case is only one example of the critical partnership between ISG and law firms and attorneys. Legal professionals facing clients with concealed or obscured assets can turn to ISG for reliable and detailed asset location services. ISG’s ability to unearth hidden assets ensures that our clients can successfully compel compliance with court judgments, providing closure and satisfaction in the pursuit of justice.

For assistance with your hidden asset investigations and other investigation needs, please contact Nona Patronite, [email protected]. Our experts are ready to shed light on the most intricate financial puzzles.