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Asset forfeiture or asset seizure is a form of confiscation of assets by the authorities. In the United States, it is a type of criminal-justice financial obligation . It typically applies to the alleged proceeds or instruments of crime.
From 2005 to 2010, government seizures of assets from both criminals as well as innocent citizens went from $1.25 billion to $2.50 billion. [15] In 2012, over $4.4 billion were seized through forfeiture [44] as compared to an estimated $4.7 billion Americans suffered as losses from criminal burglary. [45]
Confiscation (from the Latin confiscatio "to consign to the fiscus, i.e. transfer to the treasury") is a legal form of seizure by a government or other public authority. The word is also used, popularly, of spoliation under legal forms, or of any seizure of property as punishment or in enforcement of the law. [1]
The Fourth Amendment's protection against unreasonable searches and seizures extends to the length of a seizure, a federal court ruled last week, significantly restricting how long law enforcement ...
Embezzlements of or stealing government property are almost always federal crimes in multiple countries. Acts of the earlier include though are not limited to: Converting, possessing or appropriating government properties for one's own personal uses, using government-issued vehicles or government issued computers with intent to use these devices privately.
The Confiscation Acts were laws passed by the United States Congress during the Civil War with the intention of freeing the slaves still held by the Confederate forces in the South. The Confiscation Act of 1861 authorized the confiscation of any Confederate property by Union forces ("property" included slaves). This meant that all slaves that ...
United States 509 U.S. 602 (1993), [25] the Supreme Court ruled that the Excessive Fines Clause does apply to civil asset forfeiture actions taken by the federal government, in the specific case, the government's seizure of the petitioner's auto body shop on the basis of one charge of drug possession for which he had served seven years in prison.
The Confiscation Act was enacted on July 17, 1862. [3] The defining characteristic of the act was that it called for court proceedings for seizure of land and property from disloyal citizens (supporters of the Confederacy) in the South as well as the emancipation of their slaves that came under Union control. [1]