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A government auction or a public auction is an auction held on behalf of a government in which the property to be auctioned is either property owned by the government or property which is sold under the authority of a court of law or a government agency with similar authority. [1] [2] [3]
Their money was held in accounts called "RuAnn" (named after Annette and her husband Rudy). Madoff paid for her honeymoon airfare. She owns homes in Manhasset, New York, and Boca Raton, Florida, with a combined assessment of $3.85 million. [122] [123] Bongiorno was arrested in November 2010 and charged with conspiracy, securities fraud, and tax ...
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.
GCSurplus is a Canadian government department responsible for handling moveable Crown assets that a federal department or agency has declared as surplus under the Surplus Crown Assets Act (R.S., c. S-20, s. 1). [1] Surplus assets are typically auctioned off to the public through the GCSurplus website. [2]
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 ...
On December 20, 2021, DigitalBridge sold the bulk of its Other Equity & Debt of real estate assets to Fortress Investment Group, LLC. The total net value realized from the sale is $506.8 million, including $443.4 million received at closing, $31.2 million of net cash for asset monetizations between the sale and close, and $32.2 million of future payments.
A U.S. judge overseeing an auction of shares in the parent of Venezuela-owned Citgo Petroleum on Monday agreed to reopen a data room to allow potential buyers to prepare new bids, a court document ...
Bid4Assets has conducted tax sales via online auction for 50 of the 58 counties in California. The original Watergate lock [8] The Beastie Boys Grand Royal record label, [9] In July 2002, Bid4Assets conducted an internet-based tax sale for Washtenaw County, Michigan. This was Michigan's first-ever online tax-foreclosed property auction. [10]
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