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.

When our team got involved, we provided invaluable intelligence to consider the next steps on:

  • The other assets that fraudster had
  • The value of the asset
  • The ownership structure
  • Geographic location of jurisdictions
  • The methods to liquid the asset
  • Estimated recovery value
After being armed with the information, you can decide:
  • Whether to proceed with litigation or not
  • What can they do to protect the assets in the meantime to ensure that it can be recovered?
  • What are the requirements for obtaining a freezing injunction even if the asset in question is outside of the jurisdiction?
  • What is the process to engage the opponent and encourage early settlement if necessary?