ABCIPIAsset Tracing Torontois part of Wilsons Detectives Group Partnership which was established in 1951 and now has more than 250+ branches around the globe
What is asset tracing?
Asset tracing or asset tracking is a legal process of locating something of value to an individual or company that has been misappropriated. Asset tracing is closely related to fraud or theft where victims lost their assets due to unfortunate events such as scam, embezzlement or theft, and now they want to use this tool called asset tracing to initiate the asset recovery process
Consider this case that actually took place in England when a business partner suddenly emptied the company business account and absconded abroad. The asset involved was over £1 million in cash. In this particular case, the process of asset tracing is locating and recovering the money that is vital to the survival of the company. When the director-turned-fraudster was tracked down, he claimed to be without money. When our asset tracing team got involved, we provided invaluable intelligence to the other directors pertaining to the followings, allowing them to consider the next steps
What other assets the fraudster had?
What is the value of the asset?
What is the ownership structure?
In what jurisdiction(s) it is located?
How liquid is the asset?
What are the chances of a recovery?
ABCIPIare global asset tracing investigators
To fully embrace the asset-tracing or asset-tracing service, hire a specialist asset tracing agency like ABCIPI because we can carry out traces across the UK and EU, eastern Europe, the Middle East, USA, Canada and Asia cost-effectively. We have an internal asset tracing team and we are also backed by a wide network of partner agencies overseas where local knowledge of different jurisdictions is crucial in gaining fast and accurate results
At ABCIPI, we have worked for many years with lawyers and insolvency practitioners to recover hidden funds and know how to accumulate data in ways acceptable in court. The challenge is knowing how to turn raw data into clear and reliable evidence
To contact an asset tracing specialist for a free and confidential discussion or simply to understand what asset tracing is and how it could help you, contact us now