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Tax sale: seized assets; Court auction: items sold to satisfy a court judgment, like storage contents of not-paying tenants; Insolvent companies where the government is the liquidator (e.g. official receiver) Unowned property; Often goods sold at government auctions will be unreserved, meaning that they will be sold to the highest bidder at the ...
Properties that can be confiscated include real estate property such as a house or motel, cars, cash, jewelry, boats, and almost anything [15] suspected of being related to the manufacture and sale and transportation of illegal controlled substances, such as: controlled substances [22] raw materials needed to make them [22] containers to hold ...
The United States government plans to sell off a multimillion-dollar L.A. mansion forfeited by the family of a former Armenian politician who was accused of using the property to launder bribes.
In 1965, the United States Supreme Court overturned the seizure of a vehicle by the Government of Pennsylvania in One 1958 Plymouth Sedan v. Pennsylvania seized using illegally obtained evidence. In 1996, the Supreme Court in Bennis v. Michigan upheld the seizure of a vehicle as contraband, despite the owner's use of the innocent owner defense.
Deals on vehicles and jewelry through a U.S. government auction website were a steal in more ways than one: An Oklahoma man pleaded guilty to hacking a website to buy the items for $1 each ...
At an October foreclosure auction in the lobby of Mecklenburg County Courthouse, bidding for two homes took less than five minutes.