Will a Private Investigator be able to find Hidden Bank Accounts?

If you suspect someone is concealing assets in which you have an interest, you can hire a San Diego CA private investigator. These investigators conduct Asset Searches Nationwide and can help you search for hidden bank accounts. Tracking down these assets can help you make your case in court, attach assets for a judgment, or otherwise benefit from this information.

Situations in Which Hidden Assets Appear

Hidden bank accounts often show up in family law cases. For example, a spouse may hide assets during a divorce or separation so their partner doesn’t receive a fair share. People may also conceal assets before signing a prenuptial agreement, or to avoid fulfilling duties like child support or spousal support. Business partners may hide assets from each other. Someone who owes a judgment to another party may conceal assets to avoid having them attached. Courts often treat this kind of concealment as fraud.

Where People Hide Assets

Some people hide assets inside their own businesses or set up concealed organizations or limited liability companies (LLCs). Others move funds through offshore bank accounts. Some even use extra payments to creditors as a way to conceal assets.

A person may spend a large sum of money just to convert it into another type of property. They might buy expensive villas, cars, or other luxury items. They then under-report the value of these purchases on legal documents, tax returns, or business paperwork. In other cases, people hide less flashy assets, such as retirement accounts, equities, bonds, annuities, life insurance policies, or safe deposit boxes.

Hidden assets don’t always take a physical form. Stock options, a delayed bonus, or a pending raise can all count as hidden assets. A divorced spouse may delay dividing these assets until after the divorce finalizes, hoping to avoid splitting them with the other spouse. For the same reason, a spouse might postpone signing a new company deal. Some people pocket earnings from a business or self-employment and then underreport that income to avoid support obligations or creditor claims.

Third parties sometimes get involved with hidden assets, whether knowingly or not. Some parents set up a custodial account in a child’s name to hide assets. A spouse might claim a fictitious debt to a friend, pay it off, and later try to reclaim the money. A company might pay a fake salary to an individual, which a spouse or debtor later claims for themselves. People also hide assets in storage facilities or with friends and family members. When a spouse has an affair, they may buy assets for that person instead, such as an apartment, jewelry, or cash.

Finding Hidden Assets

Private investigators like Able Legal Investigations understand the details of finding hidden assets and can help with a bank account search in California. They can create a report and testify in court about any assets they find, alerting the court to suspected wrongdoing.

Private investigators find bank accounts in California by accessing specialized databases. They also review public records, including property filings, tax returns, and other documents. As part of a bank account search in San Diego, investigators may conduct surveillance on a spouse to see if they’re traveling to unreported locations or working with others to hide assets.

A private investigator in CA can also cross-reference names, addresses, and other details to spot patterns and likely hiding spots. They may examine a target’s devices, such as a computer, and track online activity to support a bank account search in California.