Holding The Freeze – A Case Study

Introduction

Once a serious economic criminal learns that most of his concealed wealth has been frozen in multiple jurisdictions; that raids to search for and seize his confidential accounting, company and trust records have taken place in numerous locations; that his principal accountant has been examined under oath about the location and manner of holding of his liquid assets 'at once;' that a court has ordered him to deliver-up his passport, swear to an affidavit disclosing the nature and extent of his assets worldwide (and that he has seven days to deliver such an affidavit to the court), and has injuncted him from leaving the jurisdiction of the court pending the final outcome of the litigation – and that all of this activity took place on the same day across fifteen time zones, there will be a reaction.