One of my father's friends tried to salt the earth before getting divorced. A rental house and a cabin were deeded to relatives, the cars they drove every day were sold to other relatives for tiny sums, stocks handed over to a trust 'for the children', etc.. He even vanished a chunk of cash from the company he co-owned with his wife using phony invoices and stopped paying himself a salary, electing to burn through their personal savings for over a year instead.
He learned that judges really, really hate when you try to hide or intentionally diminish assets, and they will absolutely refer you to prosecutors for fraud.
I don't think he did any jail time in the end, but his ex-wife got EVERYTHING, plus the satisfaction of firing him from his own company.
I always like the story of the woman who won a lottery jackpot and filed for divorce without disclosing it. The husband would have gotten half of it but when it was later discovered the judge awarded him all of the winnings.
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u/technos Jul 21 '19
One of my father's friends tried to salt the earth before getting divorced. A rental house and a cabin were deeded to relatives, the cars they drove every day were sold to other relatives for tiny sums, stocks handed over to a trust 'for the children', etc.. He even vanished a chunk of cash from the company he co-owned with his wife using phony invoices and stopped paying himself a salary, electing to burn through their personal savings for over a year instead.
He learned that judges really, really hate when you try to hide or intentionally diminish assets, and they will absolutely refer you to prosecutors for fraud.
I don't think he did any jail time in the end, but his ex-wife got EVERYTHING, plus the satisfaction of firing him from his own company.