Asset Forfeiture Attorney in Richmond
Asset forfeiture occurs when the state decides to confiscate certain assets
during a criminal investigation. Criminal asset forfeiture is normally
carried out in a sentence after an individual has been convicted of a
particular crime. The FBI uses asset forfeiture to collect property that
was connected with criminal activity. According to the FBI website, asset
forfeiture takes the profit out of crime. When individuals cannot benefit
from the fruit of their illegal labors, it will discourage others from
following in their footsteps.
Asset Forfeiture and White Collar Crimes
White collar crimes, such as embezzlement, money laundering, tax evasion and other deceptive
actions are frequently penalized with asset forfeiture. The state may
decide to collect items purchased with illegal money in order to make
sure that the individual who committed the crime is not rewarded for his
Forfeiture of Items Used in Criminal Activities
Law enforcement also reserves the right to seize property and items that
were used to generate an illegal business. They can take the tools and
equipment used for an illegal operation (such as a
drug manufacturing operation) and seize the cash flow, profit and product itself. Oftentimes,
asset forfeiture is used in drug busts, where the law enforcement collect
all of the illegal narcotics, all equipment and ingredients used to make
the narcotics and any cash that was acquired as a result of the illegal activity.
The Two Types of Forfeiture
There are two types of asset forfeiture that you may encounter in legal
situations: civil forfeiture and criminal forfeiture. Criminal actions
are against a person. In civil forfeitures, the action is against the property.
Let Vaughan C. Jones, Attorney at Law Help You Fight Forfeiture
If you have been charged with a crime and are now facing criminal asset
forfeiture as part of your sentence, Attorney Vaughan C. Jones can help.
He will challenge the forfeiture proceedings and do what he can to help
you protect your property. Call today to set up a free initial case evaluation
with this skilled lawyer. He understands that time is of the essence,
which is why there is someone standing by to take your call 24/7.
Call immediately to get started!