ABSTRACT
This chapter explains how victims can trace and recover assets. In asset stealth cases, there is a critical relationship between the opacity needed to shelter the identity of the owner, and control of the assets concerned. In many cases, legal actions, search and freezing orders are used to uncover assets. Effective asset recovery calls for close co-operation between expert litigators and investigators, who, based on a legal and effective strategy, use selected civil actions and field investigations. The astute asset stealthist will avoid any direct contact with the bank accounts into which funds are first deposited, but may have signatory powers over accounts which they later feed. The asset stealthist's requirement for banking facilities will depend on the type of transaction or fraud concerned. The stealthist may have a number of reasons for hiding his assets, but his longer-term objectives will normally include anonymity and security for: capital growth, earnings and beneficial use.
