What does the government do with confiscated drug money?


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2012-08-05 19:36:09
2012-08-05 19:36:09

It gets put in a bank account dedicated to hold all the money but some state allow whatever department discoverd it to keep it so they can re-invest it in there department.

The above answer may be true for a particular state but the answer to this question on Federal level is much different.

First of all it's going to depend on what agency confiscated the money. If it is under the Department of Justice umbrella (FBI, DEA, ATF) it goes into the "Asset Forfeiture fund" for DOJ. Only very high level individuals that are closely watched have access to these funds. This also includes money collected for seized property as well such as car, boats houses etc. This money has very strict guidelines on what it can be used for. It generally will never be used to pay agents, or buy vehicles/equipment for the Dept. This is done to avoid the appearances that money is seized for department gains.

The money is usually filtered back for drug task force officer needs at the local police department level which may include vehicles, equipment and general drug task force department needs.

If a Department of Homeland security branch (TSA, COAST GUARD, CBP, ICE, BORDER PATROL) makes the seizure those assets and funds go to a different "Asset forfeiture" account which is controlled by the Treasury. Those funds are controlled by top level persons with in DHS like Janet Napolitano. Although there are checks and balances for those funds a large portion of those assets are used for federal training facilities for BORDER PATROL, ICE AND CBP.


Related Questions

Illegal drug money keeps money out of the economy of the country. The government can not tax illegal drug money.

Under federal law money and vehicles and other tangible items of property that are seized by law enforcement in the enforcement of drug laws are held as evidence of the offense and when no longer needed by the courts they become the property of the seizing agency to do with as they wish.

stuff that there selling that they confiscated from people.

Money seized from criminals usually goes to the local government or to the police department.

The largest drug bust in Vermont history happened in October of 2013. 7,000 to 8,000 bags of heroin were confiscated in the bust.

Yes, they totally can. You have to prove where and how you obtained your money and if not, it is confiscated. That is called "reported income."

To have something confiscated is to have it forcibly removed from your possession.I had my radio confiscated by the prison guards.Police confiscated my video collection.All of the confiscated equipment is to be shipped to another location.The court ordered the proceeds of the crime to be confiscated.He was given a verbal warning and his drugs were confiscated.

Sorry but that's a 200 year old story. The Illuminati was disbanded in 1785, and at that time the leadership was imprisoned or fled, and any remaining assets were confiscated by the government at that time.

Money spent on the drug war?

It was confiscated by the government and auctioned to whites, usually at very low prices.

The Federal Government Confiscated the property owned by the wife of Confederate General Robert E. Lee and turned it into Arlington National Cemetery.

no probation drug testing does not cost you any money at all

They are confiscated and probably sit in an evidence locker for the remainder of their "life." Scientist may run tests on them for research or evidence and such.

In a few states the car in such cases can be confiscated and auctioned. You won't get it back.

โ€œhow can get free money from the government?โ€

Drug addiction treatment centers in Canada are ,and are not owned by government. Government owns just a few of them. Most are not owned by the Canadian government.

fifa are robbers who get there money from the government. I believe that the government are being exploited and no government money should be wasted on sport

Hardly any of their own. Most of the money came from the confiscated assets of the millions of Jews that were sent to the death camps.

Government gets its money through taxes and tariffs.

The man had his cameras confiscated from him after taking photos in a theatre.

By going to the IRS. Our money in the gov'ts pockets.The government can borrow money by bonds.

the government gets money from the taxes people pay TAXES

The ISBN of What Has Government Done to Our Money? is 0945466447.

No. Nobody has more money than the U.S. Government. Or, you can argue the Government has no money at all and is in debt.

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