{"id":30386,"date":"2016-11-30T15:06:12","date_gmt":"2016-11-30T20:06:12","guid":{"rendered":"http:\/\/sidebarforplaintiffs.naomifein.net\/?p=30386"},"modified":"2016-11-30T15:06:12","modified_gmt":"2016-11-30T20:06:12","slug":"divorce-how-to-hide-400-million","status":"publish","type":"post","link":"https:\/\/sidebarforplaintiffs.naomifein.net\/?p=30386","title":{"rendered":"Divorce: “How to Hide $400 Million”"},"content":{"rendered":"

When a wealthy businessman set out to divorce his wife, their fortune vanished. The quest to find it would reveal the depths of an offshore financial system bigger than the U.S. economy.<\/p><\/blockquote>\n

Source: How to Hide $400 Million – The New York Times<\/a><\/em><\/p>\n

I was amused to see the comments on this Times story.\u00a0 Several of them made the comparison to Trump.<\/p>\n

Other than that, this isn’t amusing, but it does bring up one of my frequent rhetorical questions: Aren’t you glad you’re not rich?<\/p>\n

Here are a few excerpts from Nick Confessore’s terrific piece, bolding by me. It reads in part like a John Grisham novel. Indeed, I suggest a producer buy this piece and turn it into a thriller.<\/p>\n

When the investigations began, in 2009, [Sarah] Pursglove was living with the two children in Boca Raton, but [her husband Robert] Oesterlund lived on Integrity [a yacht, what else?] in the Bahamas, unable to join them. He had overstayed an earlier visa, and the United States denied him a green card. The denial and the investigations enraged him, Pursglove told me. He employed dozens of people in Florida, he fumed, and had provided the United States millions of dollars in tax revenue. He told his wife their businesses were being unfairly harassed by bureaucrats. Going forward, Pursglove explained, \u201che wanted to pay as little taxes as possible to the U.S.\u201d<\/strong><\/em><\/p>\n

…<\/p>\n

But court records suggest that Oesterlund had begun exploring how to structure his business to insulate himself not just from taxes but also from future civil litigation. \u201cI want to have in writing a statement,\u201d he wrote to his lawyers in 2011, \u201cthat I can no longer be subject to Florida or U.S. law.\u201d Take every step necessary, he added, to \u201cremove myself from the country of Evil.\u201d<\/strong><\/em><\/p>\n

Uh, that’s us–the country of Evil.<\/p>\n

It was in early 2013, when she learned that her husband had sought to sell off Xacti [one of their companies], Pursglove told me, that she started to think about hiring lawyers of her own. \u201cYou want to throw me away like I was a piece of [expletive] and then take everything too,\u201d she emailed him one night.<\/em><\/p>\n

\u201cWomen get 10 percent in Russia by law,\u201d Oesterlund wrote back. \u201cIn Dubai they get 0 percent.\u201d<\/em><\/p>\n

Isn’t he lovely? And you were waiting for this:<\/p>\n

When she asked for copies of documents related to the potential sale, her husband was livid. \u201cI am closing out all checking accounts on you now,\u201d he texted her. \u201cYou aren\u2019t going to use my funds to pay some Jewish lawyer.\u201d<\/strong><\/em><\/p>\n

 <\/p>\n

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When a wealthy businessman set out to divorce his wife, their fortune vanished. The quest to find it would reveal the depths of an offshore financial system bigger than the U.S. economy. Source: How to Hide $400 Million – The … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[337,727],"tags":[818],"class_list":["post-30386","post","type-post","status-publish","format-standard","hentry","category-legal-news","category-lawsuits-of-the-filthy-rich-2","tag-divorce-actions"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t