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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 ...
Seized amounts of money have gone for new police equipment, parties, travel expenses, training seminars, sometimes held in distant locations such as Las Vegas or Hawaii. [10] A Texas prosecutor used $25,000 in seized cash to take his office staff including spouses and a judge on a vacation to Hawaii. [10]
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.
More than 3,000 fake Gibson guitars that could have been sold for a combined $18.7 million were seized by federal authorities after the typically made-in-America instruments arrived from Asia ...
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Eighty-four percent of Americans said food is their top airport purchase, with an average spend of $38. The second most-bought items are non-alcoholic beverages, with 75% of Americans purchasing ...
Boca Raton is a mid-rise condominium property in Enterprise, Nevada, south of the Las Vegas Strip. The property consists of two seven-story buildings with a total of 378 units. [1] [3] Construction began in 2004, and the property opened in mid-2007.
Tupperware is set to pocket $23.5 million in cash and over $63 million in debt relief in exchange for “all intellectual property” needed to create and market, as well as operating assets in ...