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10 Cards in this Set
- Front
- Back
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What is the main purpose of the Departments asset forfeiture program? |
To deprive criminals of the proceeds of their criminal acts. |
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AFU : Asset forfeiture unit responsibilities? |
Recording and tracking all assets seized by the dept through the forfeiture process and final disposition. |
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Where is AFU located? |
Headquarters in Austin. |
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All assets seized by an officer of dept shall be(6)? |
1. inventoried, 2identified, 3.marked, 4.labeled. 5 stored, and 6.secured until final disposition has been made. |
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What are the general monetary thresholds for state seizures? |
Currency valued at $5000+ Vehicles with KBB of +5000 Vessels worth +5000 Aircraft worth +10,000 Real property worth +5000 |
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What is the federal monetary threshold recommendation for seizure? |
Currency with aggregate value +5000 Vehicles with KBB +5000 Vessels worth +10,000 Aircraft worth +10,000 Real property +20,000 Firearms of any value |
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What are the 6 DPS applicable disposition categories: |
1. Release to another govt agency 2. Return to owner 3. place into service 4. Sell auction 5. transfer to another state agency 6. destroy |
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At what intervals does a case investigator submit status reports on forfeitures? |
Every 180 days |
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In what five methods may seized currency be handled? |
1. Transfer to state prosecuting official for proper deposit into an interest bearing account. 2. Transfer to cooperating federal agency acting as a rep of a federal prosecuting official 3. Transport to HQ for deposit in an account held by dps (only if 1-2not possible). 4. Release dps interest in the asset to another govt entity. 5. Return to the owner. |
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What is the Memoranda of understanding? |
Formalized sharing agreements with local, state, and federal agencies for disbursement of proceeds of forfeited assets. |
