2007-12-26 14:19:22 · 7 answers · asked by bljstylist 2 in Politics & Government ➔ Law & Ethics
There is a hearing to determine if the money was obtained by illegal means (selling drugs, ect). Most of the time, the person who "owned" the money doesn't show up. When that happens, the money is turned over to the city, county, state that seized it and they use it as outlined by law. In some states, the money goes to schools or drug combat programs. In others, the money is placed in the general fund and used the same way tax money would be.
2007-12-26 14:27:10 · answer #1 · answered by Kenneth C 6 · 2⤊ 1⤋
I think Kenneth C is right.
I can state without question that many of the cars get used by the FBI, DEA, Secret Service. I was seeing a lot of very nice cars in the parking lot of the LA Fed Building on Wilshire being driven by FBI Agents. Better than using tax money to buy a Ford Escort.
2007-12-26 22:37:40 · answer #2 · answered by Stand-up philosopher. It's good to be the King 7 · 0⤊ 0⤋
It depends on the state. Most states have an unclaimed property fund that reverts to the state treasury after a certain number of years.
2007-12-26 22:52:13 · answer #3 · answered by Anonymous · 1⤊ 0⤋
It is allowed to be used by the confiscating organization, for
weapons, and for seed money to use in future sting operations.
2007-12-26 22:28:50 · answer #4 · answered by coyote59dude 2 · 1⤊ 0⤋
Yep. It's pretty much mostly stolen. The rest of it goes back into government slush funds, so you don't see it anyways.
2007-12-26 22:26:40 · answer #5 · answered by Ryan 4 · 0⤊ 1⤋
"United States of America v. $124,700 in U.S. Currency"
2007-12-26 23:04:48 · answer #6 · answered by Anonymous · 0⤊ 0⤋
Most of it is stolen.
2007-12-26 22:23:06 · answer #7 · answered by Anonymous · 0⤊ 3⤋