Legal Research
: New York Supreme Court Criminal Term LibraryU.S. Asset Forfeiture Seizures Triple To $1.6 Billion
By David Badertscher, PLL (all)
Source: Crime and Justice News, June 17, 2008.
"Every year, about $12 billion in drug profits returns to Mexico from the U.S., the world's largest narcotics market. Law enforcement pursues that drug money and is then allowed to keep a portion as an incentive to fight crime. In the first in a series, National Public Radio reports that the amount of drug dollars flowing into local police budgets is staggering. Justice Department figures show that in the past four years, the amount of assets seized by federal law enforcement agencies -most of it cash - has tripled, from $567 million to $1.6 billion. That doesn't include tens of millions more the agencies got from state asset forfeiture programs. In Texas, public safety agencies seized more than $125 million last year".
"While drug-related asset forfeitures expand police budgets, critics say the flow of money distorts law enforcement - that some cops have become more interested in seizing money than drugs, more interested in working southbound than northbound lanes. 'If a cop stops a car going north with a trunk full of cocaine, that makes great press coverage, makes a great photo. Then they destroy the cocaine,' says Jack Fishman, an ex-IRS agent now a criminal defense attorney in Atlanta. 'If they catch 'em going south with a suitcase full of cash, the police department just paid for its budget for the year.' "
Full post as published by New York Supreme Court Criminal Term Library on June 17, 2008 (boomark / email).
Asset Forfeiture and Seizure, How It Works
Asset forfeiture is a term used to describe the confiscation of assets, by the State, which are either (a) the proceeds of crime or (b) the instrumentalities of crime...
Proving Forfeiture is an Ass - et: Feds Seize Couples $400,000 Lifetime Savings After Small Amount of Pot Found
In light of the recent hearing on mandatory asset freezing and restitution, Congress should look at the on-going controversy over an asset forfeiture in Lima Ohio...
ATF bid solicitation
It seems that a while back ATFE made a solicitation for bids for a custom Leatherman, to be "Engraved with: ATF-Asset Forfeiture AND "always think forfeiture""
IRS Seizures and their Consequences
The threat of asset seizures by the IRS is usually enough to get most taxpayers to pay their back taxes...
Civil Forfeiture & Appointment of Counsel under CAFRA
I know many of you are well versed in matters of civil forfeiture. However, for those that are not, and wish an easy reading recent case from the First Circuit that will give you some idea of how it operates post-CAFRA (Civil Asset Forfeiture Reform Act of 2000), I refer you to today's opinion in United States v...
What is the Triple Crown of the Legal Academy?
Yesterday, while at Belmont Park counting down to Big Brown?s Big Disappointment, I pondered the significance of the Triple Crown and (of course) it?s relationship to the legal academy...
One of the supervisor's at my job has been constantly mentioning to other supervisor's my every move and directed each of the supervisorss to watch me closely. A couple of months ago the same supervisor persuaded her bos
I would work at a different mcdonalds...
what are the proper and legal steps to dissolve a partnership in an ongoing farm business?
I would say that the final tax forms are dispersed for that year with the indica...
Once a storage company takes possession of a stored asset and attempts to sell it to satisfy delinquent storage fees, can they continue to charge for storage?
what we found out is that the guy held onto the car since 99 and now wants all s...
Do the laws of supply and demand pricing apply to gasoline pricing?
The price is only what "the market will bear." The sellers are in cahoots with e...
Triple Play Products
Recalls Sit 'N' Stroll Child Restraint Systems
Recovery One, Cyber Asset, Ascension Recovery - Renovo One LLC
REPOSSESSION DRIVERS - UNPAID OVERTIME
Bank of America
Buys Merrill for $50 Billion
MasterCard
settles antitrust lawsuit with Amex for $1.8 billion
Billion Dollar Ice Market
Probed for Price-Fixing
Asarco
To Pay $2.4 Billion to Settle Asbestos-Related Claims
#1 Online Legal Resource
On 08-28 at 21:13PM
Ten months later, Fed must reveal names of emergency lending recipients #FOIA
On 08-25 at 19:02PM
Squeaky Fromme, would-be Ford assassin and Manson devotee, released from prison
On 08-14 at 15:19PM
Likely unintended consequence of cash-for-clunkers stimulus is dampening of 2010 spending
On 08-14 at 14:34PM
Palm seeks to halt Palm Pre Android theme on copyright and trademark ground
On 08-12 at 17:30PM
Congressional investigation demonstrates Karl Rove lied about his active role in US attorney's firing
On 08-12 at 16:20PM
Family of New York City swine flu victim to sue city for failure to secure school #nyc #swineflu
On 08-12 at 12:59PM
Real Network's DVD copying software deemed to break DMCA's anti-circumvention provisions
On 08-12 at 12:57PM
Prepaid funeral operators indicted for $100 Million fraud
On 08-12 at 12:53PM
NY Jets join Cincinnati, Dallas, Green Bay, Houston & Seattle #NFL teams offering branded state lottery games
On 08-12 at 12:43PM
One of the supervisor's at my job has been constantly mentioning to other supervisor's my every move and directed each of the supervisorss to watch me closely. A couple of months ago the same supervisor persuaded her bos
I would work at a different mcdonalds...
what are the proper and legal steps to dissolve a partnership in an ongoing farm business?
I would say that the final tax forms are dispersed for that year with the indica...
Once a storage company takes possession of a stored asset and attempts to sell it to satisfy delinquent storage fees, can they continue to charge for storage?
what we found out is that the guy held onto the car since 99 and now wants all s...
Do the laws of supply and demand pricing apply to gasoline pricing?
The price is only what "the market will bear." The sellers are in cahoots with e...
 |
|
Contact Us | About Us | Celebrity Law Blog |
Our Partners | Disclaimer
| Law Blog Directory
| Law Jobs
| Law Tweets
| Get GoDaddy Hosting
All original material © 1999-2009 by USLaw.com. All other material, including Blog Directory feed content, are © by their respective copyright holders. |