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PropertyRoom.com. Online police auctions for products including jewelry, watches, coins and bullion, computers, electronics, fashion, fine art, vehicles, equipment bikes, musical instruments, sunglasses and eyewear, tools and equipment, and more. PropertyRoom.com is a live online auction website that sells confiscated police goods and approved ...
Bid4Assets, founded in 1999, was one of the first online property auction sites and said it has been auctioning federally forfeited and seized properties for agencies including the U.S. Marshals ...
A police auction is an auction of goods which have been confiscated by the police and cannot or may not be returned to their original owners. They may also contain surplus and retired police equipment, such as used police cars. Police auctions may be found in most countries but differ in their format. In nations such as the United States, they ...
The median forfeiture averaged $1,276 across the 21 states where usable data was obtainable. In most of those states, half of cash seizures fell below $1,000. In Michigan, for example, half of all civil forfeitures of currency were worth less than $423, and in Pennsylvania, that median value was $369.
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. This applies, but is not limited, to terrorist activities, drug-related crimes, and other criminal and even ...
Private electronic market. Software. v. t. e. 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]
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