DOJ Suspends $1.2 Billion Asset Forfeiture ‘Equitable Sharing’ Program

“The Justice Department has suspended $1.2 billion in payments of asset forfeiture revenues to police departments across the country, citing budget constraints.   In a letter to state, local, and tribal law enforcement agencies Monday, the Justice Department said it was deferring all future payments from the federal Equitable Sharing Program, which distributes asset forfeiture revenues to hundreds of police departments across the country.  The Equitable Sharing Program allows state and local police, working in conjunction with federal law enforcement, to keep 80% of the proceeds from seized property, while the other 20% goes back into the federal program.”

http://www.buzzfeed.com/cjciaramella/justice-department-suspends-12-billion-asset-forfeiture-prog

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