New Unit To Go After Criminals' Assets

August 18, 2009|By Tricia Bishop

The Maryland U.S. attorney's office has established an Asset Forfeiture and Money Laundering Section to go after criminal proceeds and provide victim restitution.

"Seizing and forfeiting ill-gotten gains enables us to take the profit out of crime and use the proceeds to compensate victims," said U.S. Attorney Rod J. Rosenstein.

The new unit, announced Monday, will work with federal, state and local authorities to pursue the forfeiture of assets, including cars, homes and cash, from people committing crimes such as mortgage fraud, Rosenstein said. Instruments of crime - computers and real estate, for instance - may also be seized.

Three attorneys and two paralegals are assigned to the division.

- Tricia Bishop

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