pipedreams Posted September 19, 2021 Share Posted September 19, 2021 Federal agents say the use of rubber bands and other ordinary methods of storing cash were indications of drug trafficking or money laundering. That is the best the FBI could come up with?? "A judge ordered the government to tell Ruiz why it was trying to confiscate the money. Ruiz is one of roughly 800 people whose money and valuables the FBI seized from safe deposit boxes they rented at the U.S. Private Vaults store in a strip mall on Olympic Boulevard. Federal agents had suspected for years that criminals were stashing loot there, and they assert that’s exactly what they found. The government is trying to confiscate $86 million in cash and a stockpile of jewelry, rare coins and precious metals taken from about half of the boxes." https://www.latimes.com/california/story/2021-09-19/fbi-seizure-cash-beverly-hills-vault-spawns-epic-court-battle "In civil forfeitures, no criminal conviction is required. The government just needs to prove that it’s more likely than not that the money or property it seeks to confiscate was linked to criminal activity." “They pulled a bank heist in broad daylight,” Ruiz said. “They didn’t even apologize.” 1 3 Link to comment Share on other sites More sharing options...
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