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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.
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 ...
Appropriation in sociology is, according to James J. Sosnoski, "the assimilation of concepts into a governing framework...[the] arrogation, confiscation, [or] seizure of concepts." According to Tracy B Strong it contains the Latin root proprius , which, "carries the connotations not only of property , but also of proper, stable , assured and ...
The recommendations also include requiring a judge to review seizures early in the forfeiture process and, in some instances, mandate law enforcement agencies pay the attorney’s fees of property ...
New Mexico, for example, passed laws to end civil forfeiture, redirect all criminal forfeiture proceeds to the state’s general fund and place restrictions on the federal forfeiture equitable ...
Civil asset forfeiture has long been a controversial program that critics argue infringes on people's constitutional rights against unlawful search and seizure.
Search and seizure is a procedure used in many civil law and common law legal systems by which police or other authorities and their agents, who, suspecting that a crime has been committed, commence a search of a person's property and confiscate any relevant evidence found in connection to the crime.
Forfeiture is the act of losing or surrendering something as a penalty for a mistake or fault or failure to perform, etc. Per U.S. v. Olano , if a defendant has waived a right, then he cannot obtain redress in appellate court.