Tracing the assets of a bankrupt Singaporean citizen and evidencing his beneficial ownership.
Nardello & Co. was engaged to identify assets of an ostensibly bankrupt Singaporean citizen from China. After cataloguing the real estate and other assets held in the subject’s name, we examined public records, creating a map of his corporate holdings in Singapore, Hong Kong, mainland China, and offshore jurisdictions such as the British Virgin Islands and Samoa. The work of the Nardello & Co. team showed not only that the subject had failed to disclose his beneficial ownership of various going concerns, but that he had transferred shares of some of his most valuable companies to individuals whom our analysis identified as his close relatives.