@kimch33kim. Given your background in forensic accting (based on you profile) I wonder if you have thoughts about how FD could have worked over the years to possibly move money from the US to destinations far away in advance of divorce from JD?
We know that the affair with MT started over a year before JD left Farmington with the children and eventually moved to rental house in New Canaan. So, FD certainly had ample time to essentially strip the Fore Group assets/cash over a period of a few years. It could have been as simple as paying his architect in Greece for 'services rendered' and then sending money to Greece IMO. We know that FD has family ties to Greece/Turkey and family court testimony mentioned FD threats to take the children to Agentina (location familar to MT as this is where her baby daddy resides) to live.
We know that prior to his death JD father funded Fore Group and various estimates have been given about the amount of funding but $10 million range seems conservative (some funds were repaid but GF has been in court to sue FD/Fore Group for amounts that were not repaid). We have FD testimony in family court about no cash flow in 2019 and how his financial condition was such that he was requesting JD to pay his atty fees in family court. So far as I can tell (some family court records are sealed) its not even clear that FD presented his tax returns to the court to demonstrate his inability to pay legal fees etc.
We have seen nearly 2 years of motion after motion in Family Court by FD designed to do anything/everything to keep FD from presenting financial records to the court. Ditto on the financial disclosure issue in the GF/Estate of JD Father case against FD. We see 6 unsold multimillion dollar houses in CT (Farmington and New Canaan) which appear to be very overpriced relative to market condition and all of which carry hefty tax bills that must be kept current. We also see the CF Farmington house (50:50 owned with JD) going into foreclosure. So, on the surface it doesn't appear FD is the successful real estate entrepreneur that he claims to be in his bio on the Fore Group Website. But I wonder if FD was able to get a good deal of cash outside the reach of the US govt and he did it while battling in court about disclosing his financial situation?[/QUOTE]
I'm only on page 2 of this thread, trying to catch up. In regards to your last paragraph I'd like to add the following. While searching the data base for the Fore Group business registration records. It appears that things got sloppy beginning in 2012. Records were filed in a timely fashion from 3/07/207 through 03/23/2011. Then they were recorded as follows -
Report 2012 filed 04/18/201
3
Report 2012 filed 04/18/2013
Report 2014 filed 11/12/2014
Report 2015 filed 08/27/2015
Report 2016 filed 05/03/2016
Report 2017 filed 04/19/2017
There is no report filed for 2018 nor for 2019.
I'm of the opinion that FD is seriously struggling financially and would do just about anything to conceal that information. I also think that with regards to his 401k that it does not contain a large amount of money. If he had hundreds of thousands in a 401k I doubt NP would ask the court for control of the fund as it wouldn't be necessary. All JMO
ETA adding link
CTData SOTS Portal[/QUOTE]
I agree with this, and further think that not only was FD’s business supported by HF prior to his death, but that regular household expenses were paid for exclusively by JD’s $400,000/year. He really screwed up by starting his affair with MT...that is the thing that really started the ball rolling. The Farber money would have stopped, most likely, but if JD and FD could have been happy, they might have been able to weather the financial storm (assuming of course, that there wasn’t any fraud involved). My guess is that FD typically satisfies every urge, without any thought to the future consequences.