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U.S. Should Invoke Information Exchange Treaties More to Recover Assets, Says Private Investigator
printThe United States is "very weak" in retrieving assets lost abroad to criminals, and should make better use of international treaties designed to aid asset recovery, according to John Patrick Quirk, president of Boca Raton, FL-based Asset Location and Recovery International Inc. Specifically, the government would benefit by increasing its use of mutual legal assistance treaties (MLATS), which are agreements between countries to assist each other with criminal investigations. The problem is that many government officials are not trained on how to file MLATs and lack resources to do so, said Quirk. Quirk, who has written books and articles on...
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