In today’s widely fluctuating economy, we receive many requests from creditors, and from the lawyers who represent them, to do an economic investigation and to track down the assets and property of debtors, in Israel and around the world.
We also receive requests for economic investigations in relation to fraud cases. Aside from the criminal aspect, there is also the need to prosecute perpetrators in the civil channel, and to start the process of tracking down stolen assets that can be repossessed.
Assets Investigation in Israel
The process, what it covers, and what You need to know
What is an Assets Investigation?
Assets investigation in Israel is the process of examining the assets of an individual to ascertain their worth.
An assets investigation is conducted by investigative agencies to establish whether an individual has amassed wealth through illicit means.
The first step in the process of an asset investigation is to identify what you are investigating.
You need to determine who, what, where, when and why for this person’s life.
The second step will be gathering evidence by asking for documents and records that show what they have owned or had access to over a period of time.
The third step will be examining the information that you have gathered together with other information that may not be available or may not have been examined yet.
When all this information has been gathered it needs to be analyzed to see if there are any irregularities between what they say they own and
Different Types of Assets Investigations?
Fact-finding missions are the most common type of asset investigation. They include identifying, locating and understanding different assets to be able to make decisions about them.
Forensic accounting is another type of asset investigation. It’s an examination of a company’s financial records and other documents in order to reconstruct what has happened over a period such as the past year or the past five years.
The accounting aspect refers mostly to how companies value their assets and liabilities in order to generate financial statements that reflect reality.
Legacy investigations may also be required in some cases, such as when dealing with an estate or trying to identify heirs that may not know that they’re entitled to inherit something from a deceased person.
How Does an Assets Investigation in Israel Work?
Assets investigations are not just for the CIA anymore. However, they are important for attorneys, business owners, and other professionals who need to learn more about what an individual owns.
Assets investigations can be very helpful in divorce proceedings or lawsuits or any kind of civil dispute.
They can also reveal information an individual may try to keep hidden from authorities or banks.
To start an investigation, a company needs to find out what assets the person in question has, where they are located and how they are valued.
This involves gathering public records, running background checks on the person in question and physically inspecting anything that might be an asset of value which will include checking bank accounts for unusual activity.
What Israel Investigators searching During our Investigations?
Investigative assets investigators are responsible for gathering information about the assets and liabilities of a person, company, or other entity.
They can provide information to help people make good decisions by revealing the truth about an organization.
The goal of our agency is to find out who owns a certain property, land, or business, bank account, vehicles, companies connection, life insurance and more.
We will look at records and documents to find out who owns what and how much they own.
Why should you investigate company’s or person’s Assets?
Investigating a company’s or a person’s assets can be an eye-opening experience. It can give you a better picture of the company and the direction it may be heading in. It will also help you repossess assets base on court order.
While researching and investigating, you will find two types of assets: tangible and intangible assets. Tangible assets are things like equipment, property, inventory, and cash.
Intangible assets are things like patents or trademarks or software programs that have been created by the company.
In Israel Investigators, we conduct both full and budget-limited asset tracing investigations:
Assets trace
Real estate and property of those under investigation
Vehicles that are under their names and/or are in their possession
Debt collection files, legal claims, and information about bankruptcies
Banks associated with them
Income channels
Insurance rights
Most fraudulent debtors in Israel who are persecuted on a regular basis know all too well how to evade the law. They smuggle their assets to other countries, certify them in Israel under the names of relatives or associates, and use other unlawful tactics. We specialize in conducting investigations that help pinpoint debtors and reclaim their assets.
Israel Investigators agency has strong ties with investigation agencies around the world that specialize in Business Research & Due Diligence services. We leverage these connections to help locate assets that were smuggled overseas by debtors.
In certain situations, when ‘lifting the veil’ is needed, we will work tirelessly to acquire evidence that will help terminate the debtor’s bankruptcy process.
In these cases, we will present the court with credible evidence that the individual has been knowingly hiding information about the assets he owns, and we will do everything in our power to expose those assets.
