Learning About Finance and Money

How You Can Help Uncover Your Estranged Husband's Secret Mistress

1 March 2016

Jordy De Pijper

If you are separated or want a divorce and you are concerned about your husband having a mistress, you may be right to be concerned. Moving around money before and during a divorce is an age old way to decrease the amount that a couple will have to split during the divorce proceedings. Luckily, there are people that you can hire to get to the bottom of any suspicions that you may have. If you think your husband may have a sugar baby or a mistress he is providing for with family money that he actually owes you, here are some ways that you can follow the trail that may lead to finding missing money.

Hire a forensic accountant

Those who work in financial forensics are the first people that you want to turn to when looking at the outgoing money during a divorce. A forensic accountant from a company like Epps Forensic Consulting PLLC will be able to look at credit cards, bank statements, income, and expenses to determine if anything fishy is going on. If there are large withdrawals of cash that happen each month that are unaccounted for in the families finances, this is one tell-tale sign that he is supporting a mistress.

Credit report oddities

If on your husband's credit report you see car dealerships or financial institutions that neither of you have dealt with before, this should be investigated further. During the development of a relationship, a man may apply for a credit card for his mistress to utilize his money, or he may even go so far as to purchase her a home or a vehicle. While he may try to hide the purchases, he can't hide them from his credit report. Have a forensic accountant go through all credit accounts with a fine-tooth comb. They will be able to separate purchases you have made as a couple from odd purchases he needs to explain.

Retirement accounts and trusts being siphoned

Often, if a man is attempting to hide disappearing money, he may take the cash from an account that would not be checked often or would be used in the future. If you have retirement accounts together or have a trust for the family and children, these accounts are a great place for a forensic accountant to start. If retirement account money or money from a family trust is missing, catching this can be the difference between securing you and your children's future or winding up broke after the divorce settlement.

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