Asset Search: What is a Financial Investigator?

Money is a necessary evil, and unfortunately the world is full of dishonest people who go to great lengths to conceal assets and even defraud others. With recent technological advancements, hiding assets and money has become easier than ever before—and locating those assets can be a long, difficult process.

Financial investigations play an important role in many circumstances. From ruling in a divorce court to detecting fraud, financial investigations can protect everyday people and businesses from losing money.

But what exactly is a financial investigator, and how do you know if you need to hire one?

Defining a Financial Investigator: Detecting Hidden Assets

A financial investigator is a skilled professional who helps uncover hidden assets and money. They work alongside individuals and corporate entities in order to detect or discover:

Hidden real estate

Locations of hidden assets

Asset recovery

Due diligence

Intellectual property

Attempts of fraud

Hidden bank accounts

Hidden business ventures

And more

This list generally scratches the surface in terms of what a financial investigator can do.

Individuals: When to Hire a Financial Investigator

Financial investigations can be a critical piece of the puzzle to serious events in your life. Unfortunately, even those who you love and trust the most can hide assets or money from you—but finding and even retrieving those funds can prove to be quite the battle.

These are a few circumstances when an individual may need the assistance of a private investigator, such as:

Divorce settlements. When couples get divorced, a spouse may attempt to hide money so they won’t have to share with their newly ex husband or wife. They will hide money or even assets such as real estate, and walk away with all of their money in tow. A financial investigator can help reveal these hidden assets and make for a fair divorce settlement for both parties.

Recovery of child support payments. Along with divorce, child support can also turn into a nasty battle where it’s difficult to retrieve funds. A financial investigator can discover how much income the other parent is making, and get your child support payments back on track.

General asset and money detection. If your spouse or loved one is acting suspicious and you suspect that he or she is hiding money, a financial investigator can help trace bank accounts, review tax returns, and more.

Why Businesses Should Consider Financial Investigations

Financial investigations can also benefit businesses for a variety of reasons. These are several scenarios when a business should consider hiring a financial investigator such as Able Forensics:

Determining if improper payments were made from within the company, such as kickbacks, bribes, or payoffs

Detection of tax fraud

Determining if transactions were purposely left off of the books

By working with a financial investigator, businesses can help catch fraud before it happens and misuse of money and assets before it happens. Able Forensics can help businesses with financial investigations, background checks, fraud investigations, and more.

Need a Financial Investigator? Contact Able Legal Investigations Today

If you’re in need of a financial investigator in the San Diego area and surrounding, Able Legal Investigations can help you get to the bottom of the case. Contact us today to learn more at 760-233-0050.