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My naive read is that $500k is an estimate of their profit over X time period, likely based on the $50k restitution over Y time period, which is the conduct the
by FakeComments 7y ago
My naive read is that $500k is an estimate of their profit over X time period, likely based on the $50k restitution over Y time period, which is the conduct they’re actually charged for.
The reason for the discrepancy is simple: the government can only relcaim money connected to what they indict you for — not all the crimes people suspect, but can’t prove; in contrast, a newspaper is free to speculate “Well, if a month long sting caught them doing $50k, then they did like $500k/yr!”
You can get similar estimates if the government catches them with unsold drugs, and the paper reports how much money they would have made selling it. Again, a reasonable estimate of their cash flow, but sensible the police seize the drugs rather than money they haven’t earned yet. (And can’t seize past money, if not connected to a crime.)
I don’t have specific citations, but I’ve seen both in local papers over the years.
- pmyteh 7y agoIn Britain, you actually can. This is a result of the "criminal lifestyle" provisions; once the government has proved that you've made money from an ongoing course of criminal activity you then need to specifically show that your assets were legally acquired, or they're subject to forfeiture.