U.S. flag

An official website of the United States government, Department of Justice.

NCJRS Virtual Library

The Virtual Library houses over 235,000 criminal justice resources, including all known OJP works.
Click here to search the NCJRS Virtual Library

Annual Report of the Department of Justice Asset Forfeiture Program: Fiscal Year 1993

NCJ Number
158012
Date Published
1994
Length
82 pages
Annotation
This annual report highlights the activities, performance, and accomplishments of the U.S. Justice Department's Asset Forfeiture Program during fiscal year 1993.
Abstract
The mission of the Justice Department's Asset Forfeiture Program is to maximize the effectiveness of forfeiture as a deterrent to crime. In pursuit of this mission, the Asset Forfeiture Program is committed to "effectively destroying and immobilizing criminal organizations by depriving drug traffickers, racketeers, and other criminal syndicates of their ill-gotten proceeds and the instrumentalities of their illegal trade; and enhancing law enforcement and intergovernmental cooperation among Federal, foreign, State, and local law enforcement agencies through the equitable sharing of forfeiture proceeds." After an overview of the Asset Forfeiture Program, this report provides information on program performance. This information addresses fund receipts, forfeited property not on deposit, program expenses, equitable and international sharing, transfers of fund surpluses, and seized asset inventory. A chapter on program accomplishments focuses on the consolidated asset tracking system, program improvements, policies and procedures, audits and evaluations, and training. During fiscal year 1993, $555.7 million was confiscated from criminals and reinvested in law enforcement efforts. Of this amount, the equitable sharing of $215 million in fiscal year 1993 has supplemented the resources of State and local law enforcement agencies. Appended statement of financial activity for fiscal year 1993; fund net deposits by judicial district as of September 30, 1993; equitable sharing disbursements by judicial district as of September 30, 1993; properties on hand with equity valued at $1 million or more as of September 30, 1993; and the annual audited financial statements for fiscal year 1993.