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  2. Government auction - Wikipedia

    en.wikipedia.org/wiki/Government_auction

    Tax sale: seized assets; Court auction: items sold to satisfy a court judgment, like storage contents of not-paying tenants; Insolvent companies where the government is the liquidator (e.g. official receiver) Unowned property; Often goods sold at government auctions will be unreserved, meaning that they will be sold to the highest bidder at the ...

  3. Equitable sharing - Wikipedia

    en.wikipedia.org/wiki/Equitable_sharing

    Equitable sharing refers to a United States program in which the proceeds of liquidated seized assets from asset forfeiture are shared between state and federal law enforcement authorities. The Comprehensive Crime Control Act of 1984 set up the arrangement in which state and local police can share the seizures with federal agents. [1]

  4. Civil forfeiture in the United States - Wikipedia

    en.wikipedia.org/wiki/Civil_forfeiture_in_the...

    Although there are accessible statistics of seizures at the federal level, it often happens that the totals of forfeitures from both criminals and innocent owners are combined; for example, one report was that in 2010, government seized $2.5 billion in assets from criminals and innocent owners by forfeiture methods, [15] and the totals of ...

  5. Selloffs, seized assets and bankruptcy: Trump options narrow ...

    www.aol.com/news/selloffs-seized-assets...

    A key deadline for the $464 million civil fraud judgment against Donald Trump and his co-defendants is fast approaching, and it appears it's one he might not be able to meet.

  6. Jimmy Kimmel reveals what would be top of his list of ... - AOL

    www.aol.com/jimmy-kimmel-reveals-top-list...

    Jimmy Kimmel laid into Donald Trump on his Thursday night show, revealing which of his assets would be at the top of his list to seize.. The former president is currently scrambling to pay a $464m ...

  7. Asset forfeiture - Wikipedia

    en.wikipedia.org/wiki/Asset_forfeiture

    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.

  8. McIntyre federal building auction bids keep rising in ... - AOL

    www.aol.com/news/mcintyre-federal-building...

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  9. Southeast Banking Corporation - Wikipedia

    en.wikipedia.org/wiki/Southeast_Banking_Corporation

    Southeast was unable to pay. The OCC, having determined that Southeast was no longer viable, seized both of Southeast's banking subsidiaries, Southeast Bank N.A. and Southeast Bank of West Florida, and placed them into the receivership of the FDIC. The FDIC then sold almost all of Southeast's assets to First Union. [1]

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