Asset seizure is the process of the government confiscating assets (e.g., money or property) that are believed to have been obtained through illegal activities. There are two ways the government can do this: criminal forfeiture and civil forfeiture.
In criminal forfeiture, the government seizes an individual’s assets after a conviction of a criminal offense. This is very commonly part of the defendant’s sentence. Civil forfeiture, on the other hand, allows the government to seize assets when there isn’t a conviction. The only requirement is that the assets are shown to be connected to a crime.
Civil asset forfeiture allows the government to seize millions of dollars from civilians each year. It has become a significant source of incom for the government. As such, you must do everything you can to protect your assets from being unfairly seized by the government.
Mexico and Latin America