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The bells and whistles of profit seizure

Rainmakers and money savers in the federal government help to keep the Treasury coffers filled. Federal News Radio examines four unique stories in our special r...

Federal News Network Staff

August 8, 2014 3:40 pm

< a min read

**Gold and silver jewelry** The U.S. Marshals Service is responsible for taking care of assets and planning the best way to sell them. Commercial businesses, antiques, planes, boats and collectibles are all included.

The service sold more than 22,000 assets in fiscal year 2013, for a total of $2 billion.

In part one of our special report, Rainmakers and Money Savers, Federal News Radio takes a behind the scenes look at the asset forfeiture program. Click here to read the full story.

In this photo, the Drug Enforcement Administration seizes nearly five tons of bulk gold and silver jewelry.

Two Panama companies were laundering narcotics proceeds through their wholesale jewelry business, which made more than $100 million annually.

*(Photo: U.S. Marshals)*

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