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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.
A number of international instruments, starting with the 1988 Vienna Convention, have strongly suggested the enactment of legal provisions enabling confiscation of proceeds of crime. The 40 recommendations of the Financial Action Task Force (FATF) have also stated its importance as a crime prevention tool.
TEOAF is responsible for administering the Treasury Forfeiture Fund (TFF). [ clarification needed ] The TFF was established in 1992 as the successor to what was then the Customs Forfeiture Fund. It is authorized by section 9703 of Title 31 of the U.S. Code (note that there are erroneously two section 9703's, each dealing with a different ...
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An unpublished number is also excluded from directory assistance services, such as 411. Landline telephone companies often charge a monthly fee for this service. As cellular phones become more popular, there have been plans to release cell phone numbers into public 411 and reverse number directories via a separate Wireless telephone directory ...
Asset forfeiture, in law, the confiscation of assets related to a crime Forfeiture (law) , deprivation or destruction of a right in consequence of not performing an obligation or condition Sports
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