International due diligence, especially asset tracing, often requires the ability to follow leads wherever they take the investigative team. An investigator cannot be bound to one country or even one region of the world.
TorchStone’s client had a lawful judgment, yet no assets on which to attach that judgment. Armed with FAA flight plans obtained via a Freedom of Information Act request, TorchStone determined that a leased aircraft used by the judgment’s debtor made regular flights to a certain Caribbean island.
Our investigation team was able to identify both beachfront property and a yacht which were owned directly by offshore companies but ultimately by the debtor. TorchStone’s findings provided our client’s legal counsel with the hard evidence necessary to file an asset seizure proceeding in the local court of the Caribbean island.
