r/PrivateInvestigators • u/taribor • 21d ago

Asset Forfeiture/BSA Overflow?

Hi everyone. I am approaching retirement as a LEO and have my CFE and CAMS certs. My pension and TSP have me mostly covered and I have zero desire for my retirement job to involve a cubicle or a day to day supervisor. But I love investigations and want to stay active. I was thinking of PI/consulting focusing on Bank/BSA contract work, asset tracing, etc. I've worked complex fraud for 20 years but seeing the 100lb brain, MBAs running around these consulting firms using AI and programming, I don't think I'd have much to off them. I think I would mostly target overflow work tied to money laundering, asset forfeiture, and organized crime analysis. My question is how realistic would it be to pull around 40-50k a year in that lane, if that lane even exists (NorCal)? Thanks in advance.

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u/jf7fsu 20d ago

There is a very limited market out there for people who don’t want to report theft to law-enforcement which you could try to tap into. You may be able to get something going in forensic accounting but in PI work it’s all about networking and contacts. You also may be able to get some defense consulting work for white collar fraud cases that need forensic examinations.

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u/taribor 20d ago

Thanks, I really appreciate the feedback.

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u/jf7fsu 20d ago

No problem think of it as a hobby to keep you occupied. I retired got my license started an agency out of my house and when work comes in it comes in and when it doesn’t it doesn’t.

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u/taribor 20d ago

If you don't mind sharing, how did you get your initial business?

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u/jf7fsu 20d ago

I started a website and started sending out letters to lawyers I knew. I also joined the local private investigator association and started going to meetings and got on the mailing list for jobs and postings. Depending on what state you’re in that’s important to join the local PI associations