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Government property sold at public auction may include surplus government equipment, abandoned property over which the government has asserted ownership, property which has passed to the government by escheat, government land, and intangible assets over which the government asserts authority, such as broadcast frequencies sold through a spectrum auction.
Townsend supervised the seizure of enemy property and assets that had been seized during World War II. [29] Testifying before a U.S. Subcommittee in 1957, Townsend argued that a return of 10% of seized enemy property was a sufficient amount.
Texas Lt. Gov. Dan Patrick said U.S.-owned border wall materials, which were available for sale, were pulled from an Arizona auction at the government's request. The Lonestar State had shown ...
The materials were reportedly being sold through GovPlanet, an online auction house specializing in military surplus, and listed as “Steel Bollard Wall Sections w/Grout.”
On April 17, 2014, the State of Texas seized the YFZ Ranch, a one time Fundamentalist Church of Jesus Christ of Latter-Day Saints (FLDS) community that housed as many as 700 people when it was raided by Texas on March 29, 2008. [34] [35] Under Texas law, authorities can seize property that was used to commit or facilitate certain criminal conduct.
Over the past four years, Kansas law enforcement seized $23.1 million in cash and property allegedly linked to criminal activity. Most of the time, owners never tried to take it back.
The idea for the company was developed after observing a large amount of abandoned, seized, and recovered goods in the police property and evidence rooms. If police agencies are not able to return the stolen merchandise to the rightful owners, by law they must sell seized, recovered, found, and unclaimed personal property at public auction. [ 1 ]
A key deadline for the $464 million civil fraud judgment against Donald Trump and his co-defendants is fast approaching, and it appears it's one he might not be able to meet.