Police confiscated items - How a criminals loss can be your gain
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Police Confiscated Items How a Criminal’s Loss can be Your Gain!
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State and federal seizure laws allow police confiscated items to be sold at an auction. Any item can be seized by law enforcement agencies if they were used in a crime, or were bought with money that was received as a result of a crime. The agencies can choose whether to keep the property and use it in their operations, or sell it at an auction and use the proceeds for department business. Visit us at http://www.auctionANDappraise.com or call 800-801-8880 for more information about Police Confiscated Items.
Transcript of Police confiscated items - How a criminals loss can be your gain
Police Confiscated ItemsHow a Criminal’s Loss can be Your Gain!
Police Confiscated Items
•State and federal seizure laws allow police to sell confiscated items at auctions
•The agencies decide whether to keep property and use for operations, or sell it at auction houses and use proceeds for department business
•Recovered stolen goods is another source of confiscated items. When it is unclaimed, it can be auctioned
Police Confiscated Items
•Seizure laws give law enforcement great latitude
•Civil asset forfeiture laws allow police to confiscate on suspicion alone, which makes the volume of property available for auction staggering
•Whether defendants are guilty or innocent, many don’t reclaim their police confiscated items
Police Confiscated Items
A Huge Assortment of Police Confiscated Items
•Seized property ranges from cars to rare collector’s items
•Any items associated with a crime can be seized, and so the inventory is vast and very interesting
•Drug dealers who buy items with drug money will have all items confiscated, including money, house and everything in it
Police Confiscated Items
A Huge Assortment of Police Confiscated Items
•High quality items are common to find in agency auctions. Drug dealers are known to owning status items
•Some items to find:
–Jewelry, art and collectibles, collectibles and one-of-a-kind-items, electronics, household items, furs, clothing, trucks and cars, recreational vehicles, real estate, etc.
Police Confiscated Items
Making Crime Pay
•Good things happen to police confiscated items:
–Law enforcement get additional revenue from auctioned property
–Tax dollar money needed for law enforcement activities (saving taxpayers money)
–Great quality items at considerably discounted prices
–Criminal doesn’t benefit from committing a crime
Police Confiscated Items
Making Crime Pay
•Since crime doesn’t take breaks, agency auctions are held frequently
•Law enforcement agencies are more interested in liquidating warehouse inventories by selling items cheaper than holding out for maximum profits
Police Confiscated Items
About the AuthorDeb Weidenhamer is President of Auctions Systems Auctioneers & Appraisers, Inc., based in Phoenix, Arizona. They specialize in auctions and professional appraisals.
Visit us at http://www.auctionANDappraise.com or call 800-801-8880 for more information about Police Confiscated Items.
