(Asset Recovery blog post – reprinted from sister site MahanyLaw.com) by Brian Mahany Depending on your age, the title connotes a Hemingway novel or a song by Metallica. For the 37,000 residents of Bell, California, it is a song of victory. Most stories about asset recovery and fraud begin with men in suits. Shady bankers […]
When Good Lawyers Turn Bad
(Legal Malpractice and Fraud Recovery blog post) by Brian Mahany Lawyers are not held in high regard by many people. That is unfortunate since 99% of them do great work. Most lawyers get themselves in trouble when they get in over their heads and fail to seek help. Unfortunately a few are simply corrupt. The […]
Press Release: Wisconsin Attorney Named to the Board of the International Association for Asset Recovery
Wisconsin: The International Association for Asset Recovery (IAAR) this week named Milwaukee, Wisconsin attorney Brian Mahany to its 28-member Board of Advisors. Brian is the first attorney from Wisconsin to be named to the board and one of a few from the United States. The IAAR is an organization of law enforcement, private attorneys and international […]
SEC Sues New Jersey for Fraud
(or What Happens When the Regulators Break the Law) by Brian Mahany Many investors believe the government will watch their back and protect them from investment frauds. While most will admit that the government can’t stop every fraud from occurring, few believe that the government itself can be charged with fraud. Think again. Federal regulators […]
Fraudsters Beware – Homestead Exemptions Don't Always Work
(Fraud Recovery and Asset Protection blog post) by Brian Mahany Why do so many fraudsters live in Florida? Some would say its the climate but more probably, it’s Florida’s unlimited homestead exemption. Under Florida law, creditors cannot force the sale of one’s primary residence to satisfy claims and judgments. Many lawyers and creditors believe that […]
You Think Uncle Sam is Zealous About Tax Evasion Prosecution? Think Death Penalty!
by Brian Mahany It’s a rainy day in Macau, a former Portuguese island colony off the coast of China. My work as an asset protection and asset (fraud) recovery lawyer frequently takes me to interesting spots in the world. This week is no exception. Many nations are popular for Americans seeking to diversify their banking […]
Thousands of New IRS Agents Hit the Streets
by Brian H. Mahany A just released report shows the IRS collected $400,000,000,000 less in 2009 than in 2008. (Yes, that is 400 billion.) No surprise there – the economy remains in a slump and placing food on the table occupies a higher importance than paying taxes for many families. The same report, released by […]
Offshore Accounts – “Dont Ask, Dont Tell” – Whistleblower Post
[Updated Oct. 2018] Government tax authorities asking banks and credit card companies for information on foreign account holders is hardly news these days. The I.R.S. does it, so do Germany, Britain and many other countries. Officials want to know when their citizens transfer wealth overseas or open foreign accounts. Generally the practice is legal if […]
A Tale of Two Masters (professional malpractice post)
Send In The Clowns! (Do you know who is managing your money?)
In January I wrote a piece titled “Do You Know Who Is Handling Your Money?” That piece discussed how TV star Willie Adams (star of reality television show “Broke and Famous”) was now licensed to be a financial planner. Willie isn’t alone. The newest entrant in my personal “Hall of Shame” is Kevin Trudeau. Trudeau […]