Home
Solutions
Products
Pricing
Resources
Request Demo
Start Free
Menu Search Account

LegiStorm

Get LegiStorm App Visit Product Demo Website
» Get LegiStorm App
» Get LegiStorm Pro Free Demo
StateStorm

Weekly Updates

LegiStorm is constantly adding new information on the people, places and reports in our database. In the past week, LegiStorm added:

  • 1865 new people
  • 34 new organizations
  • 622 new photos
  • 1247 job history records for people in our database
  • 518 education records for people in our database
  • 2209 contact addresses, emails and URLs (LinkedIn, Facebook, etc.)
  • 198 new policy reports
  • 12 new trips to our privately funded travel database
  • 921 new personal financial disclosures
  • 27459 new press releases
  • 30 new town halls

Caught Our Eye Rss

» More from Caught Our Eye
» More from our DevBlog

Asset Forfeiture: An Update

  Premium   Download PDF Now (26 pages)
Report Type Reports and Testimonies
Report Date April 24, 1989
Report No. T-GGD-89-17
Subject
Summary:

GAO discussed how the Customs Service and the Department of Justice (DOJ) could more quickly process seized assets. GAO noted that: (1) such seized assets as cash and real estate have increased by 3,200 percent since 1979, now totalling $1.1 billion; (2) both Customs and DOJ used their asset forfeiture funds to finance program expenses, share with state and local law enforcement agencies, and fund drug enforcement activities; (3) judicial forfeiture, required for seized cash amounts over $100,000, took longer than administrative forfeiture; (4) no one contested 89 percent of judicially forfeited cash, resulting in default judgments; (5) neither DOJ nor Customs had policies on how long transfer of seized assets to forfeiture funds should take, and frequently took more than 30 days to accomplish transfer; and (6) property equity, value, and title problems made disposal of forfeited real estate time-consuming and unprofitable.

« Return to search Government Accountability Office reports

HomeAbout Us Contact UsPrivacy PolicyTerms of UseJoin Us
© LegiStorm
LegiStorm
2101 L St. NW, Suite 300
Washington, DC 20037
(202) 360-4172 / congress@legistorm.com