More frequent reviews would result in less need to recover significant misappropriated assets.

FORBES: No One's Fulltime Job: Speech at Florida Atlantic University, School of Accounting (June 1, 2006 )

Then at the end of March a company controlled by Theodore Thornton sued Edelman, claiming he had "misappropriated assets" belonging to Museum Partners, an investment partnership Edelman had set up more than a decade ago for one of his last corporate raids.

FORBES: Magazine Article

During this period of uncertainty, FinCEN is reminding U.S. financial institutions of their requirement to apply enhanced scrutiny for private banking accounts held by or on behalf of senior foreign political figures, and to monitor transactions that could potentially represent misappropriated or diverted state assets, proceeds of bribery or other illegal payments, or other public corruption proceeds.

WHITEHOUSE: Press Briefing

"Despite having limited, if any, assets other than the funds misappropriated from the foundation, defendant continued high-stakes gambling, " the documents say.

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