Divorce is hard enough, especially if an affair is involved, but add it to an extra layer of deception and betrayal, and it can make the trusting spouse wonder if the entire marriage was a sham. In divorce and child support cases, one party may attempt to hide income and assets to deprive the spouse or children of their rightful support. A recent poll reported by the U.S. Census shows that 75% of all parents who receive child support payments are not getting it all or any of it. According to the census, while most parents who receive court ordered child support are women, when it comes to nonpayment of money there is no statistical difference between the sexes in delinquency.
Did you know that it is also very common to hide assets and income during a divorce? Hiding this important piece of information allows that spouse to avoid paying higher child support or spousal support. It can be difficult to prove hidden earnings or assets, particularly if the other party owns a business, owns assets within corporations or partnerships, or has other avenues to conceal assets.
How They Stash the Cash written by forensic accounting expert, Mark Kohn, is filled with anecdotes from some of Mark’s cases. The book provides tools and methods used by most people when the hide income. Some examples include hiding files in secret places, funneling money into shell companies, and having different sets of books. Kohn feels strongly that hidden income can be uncovered and money lost can be retrieved.
If you believe your spouse is hiding money in an effort to lower child support or alimony awards, contact our Domestic Investigations Division before it is too late. A honey trap agent will be able to find information that sometimes even accountants or lawyers have trouble digging up.