CHARLESTON, S.C., Feb. 9 -- The U.S. Department of Justice's Federal Bureau of Investigation Columbia Field Office issued the following press release:

Peter J. Strauss, 45, of Beaufort, has pleaded guilty to removal of property to prevent seizure.

Strauss was the founder and managing partner of the Strauss Law Firm, LLC located in Hilton Head. The Strauss Law Firm specialized in estate and tax planning, asset protection and the implementation of captive insurance solutions for clients. Strauss also served as principal of Hamilton Captive Management ("HCM"), a captive insurance management company that provides management services to his clients' captive insurance funds.

Evidence obtained in the investigation revealed that Strauss knowingl...