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Feds Seize More Through Asset Forfeiture Than Burglars Take

In 2014, the federal government took more property from American citizens through asset forfeiture than burglars did.  According to the Washington Post (link), the federal government deposited more than $5 billion into their asset forfeiture funds, whereas burglary losses were only $3.5 billion.

The following is a Washington Post graph showing the tremendous growth of seizures through asset forfeiture over the last 10 years–from less than $1 billion seized in 2004, up to over $5 billion last year.

WaPo Graph shows the growth in asset forfeiture seizures by the federal government from 2004-2014

WaPo Graph shows the growth in asset forfeiture seizures by the federal government from 2004-2014

This tremendous growth in a particular area of criminal law is somewhat rare.  And because asset forfeiture was largely an afterthought in criminal defense cases, few criminal defense lawyers have developed extensive experience handling these complex cases.

If your property has been seized by the government, or if you have received a notice of forfeiture, contact one of our experienced Raleigh asset forfeiture lawyers today.

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Cheshire Parker Schneider, PLLC 133 Fayetteville Street Suite 200 Raleigh, NC 27601 | Phone: (919) 833-3114