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Re: American Mob Asset Confiscation
[Re: Revis_Knicks]
#980414
11/05/19 01:04 AM
11/05/19 01:04 AM
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Joined: May 2013
Posts: 1,531
Lou_Para
Underboss
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Underboss
Joined: May 2013
Posts: 1,531
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I don't know the biggest seizure from American OC members,but to speak to your other point, I believe that the Feds can take not only personal assets,but anything that was acquired with the proceeds of illegal activity.
Even if they own a legitimate business,if the business was started with illegal funds,they'll grab it.
Here's an example from my neck of the woods: When Junior Williams,(the numbers kingpin) got convicted, the Feds took the following: More than $4 million in cash, condos at the Seven Springs resort, a bass fishing boat, a SeaRay boat, a Rolex watch, the ‘Ponderosa’ hunting lodge in Tionesta, a BMW car, two Mercedes Benz cars and the Hotel Tidioute.
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Re: American Mob Asset Confiscation
[Re: Lou_Para]
#980472
11/06/19 02:14 PM
11/06/19 02:14 PM
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Joined: Jan 2013
Posts: 2,316
Revis_Knicks
OP
Was: Revis_Island
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OP
Was: Revis_Island
Underboss
Joined: Jan 2013
Posts: 2,316
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I don't know the biggest seizure from American OC members,but to speak to your other point, I believe that the Feds can take not only personal assets,but anything that was acquired with the proceeds of illegal activity.
Even if they own a legitimate business,if the business was started with illegal funds,they'll grab it.
Here's an example from my neck of the woods: When Junior Williams,(the numbers kingpin) got convicted, the Feds took the following: More than $4 million in cash, condos at the Seven Springs resort, a bass fishing boat, a SeaRay boat, a Rolex watch, the ‘Ponderosa’ hunting lodge in Tionesta, a BMW car, two Mercedes Benz cars and the Hotel Tidioute.
They would need to prove that they started those businesses with illegal proceeds though wouldn’t they? Or once they find out that they are apart of a criminal enterprise they have the grounds to take all of their businesses tied to them?
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