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No bank accounts are being forfeited in Canada. They are being frozen, which is still bad, but it's not anywhere near as bad as forfeiting.
by sudosysgen 5y ago
No bank accounts are being forfeited in Canada. They are being frozen, which is still bad, but it's not anywhere near as bad as forfeiting.
- cjbgkagh 5y agoIt denies the ability to afford a defense against anything else you may be accused of. These people got their money back yet were left immensely damaged by the process.
- sudosysgen 5y agoWe can agree it's still damaging, but it's nowhere even near as bad as seizure. Frozen funds never go away no matter what.
- cjbgkagh 5y agoI was saying in the best case it’s damaging. After failing to defend I assume the next step is forfeiture.
- sudosysgen 5y agoNo, it's not. Frozen funds aren't forfeited. Normally they are automatically unfrozen once the investigation is over.
- deleted 5y ago[deleted]
- cjbgkagh 5y agoThe funds are frozen for a reason, upon failing to defend then the the freezing rolls over into forfeiture.