Asset forfeiture

see civil asset forfeiture as a defective tactic used by the government. Civil asset forfeiture refers to a legal procedure by which the government is able to seize and ultimately forfeit the property of people suspected of wrong doing. The reason why people see this tactic as execrable is the fact that the government can seize property from people who were never convicted of or charged with a crime. Civil asset forfeiture is constantly seen as a way the government can victimize innocent people to make a profit on seized properties. Although this is a rather harsh tactic it is an absolutely credible tool used by the government and law enforcement agencies. This tactic or tool has been used to employ against all manner of criminal,…

A countless number of law-abiding American's lose thousands of their legally acquired cash because of faulty civil forfeiture laws that allow law enforcement to walk away with it. The law began with good intention-to prevent people from profiting from their crimes reduces crime. Nonetheless, any good intention is lost when the agencies who confiscated the property don't return it to the innocent-because the accused then become the victims. What is "Civil Forfeiture?" Civil forfeiture is an…

After a defendant was found guilty verdict, the arresting or investigating agency kept the evidence. Subsequently, if items belonged to an individual found not guilty the items would be returned. However, this changes with civil forfeiture language that is included in the CCCA, in civil forfeiture cases the standard is much lower, if an item is deemed suspect the item can be confiscated. The legal test is the preponderance of evidence, not beyond a reasonable doubt as in a criminal case. In…

The fraudulent practice of civil asset forfeiture is a slap in the face to the principles of American democracy. Civil asset forfeiture is a legal process in which police officers can seize a civilian’s property if they believe those assets can be connected to a crime. Civil asset forfeiture originated during the Colonial era as an initiative to prevent foreign ships from illegally transporting goods, but required a criminal conviction in order to do so. However, the policy was revitalized…

of civil forfeiture and that there are protections for people who had their property forfeited. For instance, a judge must approve of a civil forfeiture order, in which a copy is provided to the ACJC (Arizona, n.dc). Lastly, the funds help support crime-tip hotlines, drug-free mentoring programs and adult training programs (Arizona, n.dc). Jim Mann, Executive Director of the AFOOP: The Fraternal Order of Police is a nationwide organization which seeks to help law enforcement’s working…

with a violation of controlled substances laws. To validate a forfeiture,” the State must essentially prove, by a preponderance of the evidence, that an item of property was “used” or “intended to be used” in violation of the law. Some items of property subject to forfeiture are intuitive – drugs, drug containers, paraphernalia and items used to manufacture drugs are all routinely forfeited”. Under Mississippi’s civil forfeiture laws the government has to connect property to a crime by a…

assessment of performance and resources. Starbucks does not evaluate the performances of its operating segments using asset measures. Identifiable assets by segment disclosed in Starbucks notes are assets specifically within each segment, including cash and cash equivalents, net property, plant and equipment, equity and cost investment, goodwill, and other intangible assets. Assets that were not reported include, investments, assets of the corporate headquarters and roasting facilities, and…

where the net profit margin is 21.49% .These results were down due to the underperformance of products sold via third party US distributors in the first half of 2015 but the company realized the problem and has subsequently taken full control of these products by bringing distribution in-house during the second half. However, there is a positive trend of increasing gross profit margin staring from 2011 from 50.85% which reaches 83.05% in 2015. The reported NPAT for the second half was down $0.2m…

It is the excess of the purchase price over the fair value of all the tangible assets acquired, arrived at by carefully ascertaining the value of such assets—at least in theory. The analyst must be alert to the makeup and the method of valuation of Goodwill as well as to the method of its ultimate disposition. One way of disposing of the Goodwill account, frequently preferred by management, is to write it off at a time when it would have the least impact on the market's assessment of the…

demand fell in spite of lower price. Some customers even complained about quality of the product because they got accidents due to front brake. We are a group of consultants and we are preparing this report that will give Cyclermate’s banker an objective view about this company. Although at the moment they are having overdraft and some difficulties in selling products, we are here to make the bank see opportunities of this company and continue investing in it. 3|Page 2. Liquidity and…