Tag

Civil Forfeiture

All articles tagged with #civil forfeiture

legal2 years ago

Supreme Court Contemplates Police Seizing Property: A Fine Line Between Justice and Theft

The Supreme Court is set to hear a case on whether the Constitution requires a prompt hearing after law enforcement seizes vehicles for civil forfeiture. Civil forfeiture allows the government to seize property connected to a crime, treating the property as the "defendant" and bypassing due process. The state of Alabama argues that prompt hearings would be unworkable as police need time to investigate after seizing cars, but critics argue that police should investigate before seizing property. The article suggests that property cannot logically be a defendant as it cannot commit a crime, and proposes four conditions for civil forfeiture to be allowed.

crime2 years ago

$300 Million Superyacht Amadea Faces Civil Forfeiture Complaint for Sanctions Evasion

The United States Attorney for the Southern District of New York has filed a civil forfeiture complaint against the luxury superyacht Amadea, valued at over $300 million, alleging that it was improved and maintained in violation of sanctions against its beneficial owner, Russian oligarch Suleiman Kerimov. The complaint claims that the yacht is subject to forfeiture based on violations of U.S. law, including the International Emergency Economic Powers Act and money laundering. The U.S. government currently has control of the Amadea in San Diego, California, following its seizure by Fijian authorities.

crime2 years ago

"Justice Department Targets Russian Oligarch's $300 Million Superyacht for Forfeiture"

The U.S. Justice Department has filed a civil forfeiture complaint against the luxury superyacht Amadea, valued at over $300 million, which is beneficially owned by Russian oligarch Suleiman Kerimov. The complaint alleges that the yacht was improved and maintained in violation of sanctions against Kerimov and money laundering laws. The U.S. government is seeking to prove that the yacht is forfeitable based on violations of U.S. law. The Amadea is currently under the control of the U.S. government in San Diego, following its seizure in 2022. The investigation is being conducted by the FBI's Eurasian Organized Crime Task Force, and the case is being litigated by the Justice Department's Criminal Division and National Security Division.

finance2 years ago

FBI Seizes $40,000 from Couple's Deposit Box, Refuses to Explain or Return Money

The FBI seized $40,200 in cash from a couple's deposit box in March 2021 during a raid on US Private Vaults, but has not explained why it is holding their money. Linda and Reggie Martin have filed a lawsuit with the Institute for Justice, accusing the FBI of violating the Fifth Amendment. The raid saw more than $86 million in cash, jewelry, and gold seized from 1,400 safe-deposit boxes held by hundreds of people who were not suspected of any crimes. US Private Vaults pleaded guilty to conspiracy to launder drug money and shut down following the raid.

legal2 years ago

FBI Seizes $40,000 from Couple's Deposit Box, Refuses to Explain or Return Money

The FBI seized $40,200 in cash from a couple's deposit box during a raid in March 2021, but has not explained why it is still holding their money. The couple has filed a lawsuit with the Institute for Justice, accusing the FBI of violating the Fifth Amendment. The raid on US Private Vaults in Beverly Hills resulted in the seizure of more than $86 million in cash, jewelry, and gold from 1,400 safe-deposit boxes held by hundreds of people who were not suspected of any crimes. The FBI sent forfeiture notices to hundreds of box holders, including the couple, telling them that the government wanted to take their property forever, even though they were not named in the indictment against the company.

legal2 years ago

FBI refuses to return couple's $40k seized from deposit box.

The FBI seized $40,200 in savings from a couple's deposit box during a raid in March 2021, but has not explained why it is still holding their money. The couple has filed a lawsuit with the Institute for Justice, accusing the FBI of violating the Fifth Amendment. The raid on US Private Vaults resulted in the seizure of over $86 million in cash, jewelry, and gold from 1,400 safe-deposit boxes held by hundreds of people who were not suspected of any crimes. US Private Vaults pleaded guilty to conspiracy to launder drug money, and the FBI declined to comment on the matter.

legal2 years ago

FBI victim fights for others' lost savings.

Linda Martin's life savings were seized by the FBI in a 2021 raid on U.S. Private Vaults, a Beverly Hills-based company. Martin and 1,400 other customers' safe deposit boxes were taken, including $40,200 she was saving for a down payment on a home. Martin has not been charged with any crime and is now filing a class-action lawsuit to recover her life savings. The lawsuit seeks to help anyone who has had property taken by a government agency in the last six years and received a deficient forfeiture notice. Civil forfeiture is a process in the United States where law enforcement can take property from people who have never been charged with a crime.