Federal Forfeiture and Seizures
If you have been charged with a federal crime, you may be subject to forfeiture of your assets. Federal forfeiture laws allow the government to seize your property if they believe it is connected to criminal activity. This includes:
In some cases, the government may also seize intangible assets, such as bank accounts, investments, and insurance policies.
What is Forfeiture?
Forfeiture is the legal process by which the government seizes property that it believes is connected to criminal activity. The government can seize both tangible and intangible assets. Tangible assets include cash, real estate, vehicles, and other valuable items. Intangible assets include bank accounts, investments, and insurance policies.
The purpose of forfeiture is to take away the proceeds of crime and to deter future criminal activity. Forfeiture also allows the government to return stolen property to its rightful owner.
If you have been charged with a federal crime, it is important to understand how federal forfeiture laws may affect you. The criminal defense attorneys at Naderi Law have extensive experience with federal forfeiture and seizures. Get your FREE consultation today call: (818) 641-5556.