Blog

Anti-Financial Crime Summit — Money Laundering Investigations

On December 6, 2022, I had the opportunity to give a presentation at the Anti-Financial Crime Summit in London.  The presentation focused on the role that financial institutions are called upon to play in criminal money laundering and asset forfeiture investigations in the United States, with special emphasis on the role of correspondent bank accounts.  […]

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The Importance of Non-Conviction-Based Forfeiture as a Law Enforcement Tool

On November 30, 2022, I had the opportunity to make a (virtual) presentation on non-conviction-based asset forfeiture at a conference of criminal prosecutors in Brazil.  The text of my presentation — which discussed the structure and concept of NCB forfeiture, the procedures and due process safeguards that apply, and the instances where it is used […]

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Interview with AMLRightSource

I had an opportunity recently to do an interview with John Byrne of AMLRightSource on the use of criminal and civil asset forfeiture.  The interview (about 25 mins) appears on John’s blog.  This is the link. The interview covers the purposes of forfeiture, how the forfeited property is used, the due process protections built in […]

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Explanation of Non-Conviction-Based Forfeiture – Lisbon Conference

On July 5, 2022, I had the opportunity to give a presentation at a conference in Lisbon, Portugal, sponsored by the Basel Institute for Governance and International Centre for Asset Recovery.  The conference was designed to support the adoption of non-conviction-based forfeiture as a tool for asset recovery in the Portugese-speaking countries including Portugal, Brazil, […]

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Cullen Commission Final Report

The Cullen Commission is an official body in Vancouver, British Columbia, inquiring into the need to enact legislation enhancing the province’s criminal money laundering statutes and related asset forfeiture laws.  In 2021, I submitted a written report to the Commission along with sworn testimony summarizing the money laundering and asset forfeiture laws in the United […]

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Seizure Warrant for Aircraft Owned by Russian Oligarch

On June 6, 2022, a magistrate judge in New York issued warrants to seize two U.S.-manufactured aircraft owned by Russian oligarch Roman Abramovich based on probable cause to believe that they were re-exported from third countries to Russia after February 22, 2022 — the date when the re-export of such items to Russia was prohibited […]

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Application for Warrant to Seize Russian Oligarch’s Yacht

In this application for a seizure warrant, an FBI agent explains the basis for seizing a yacht owned by a Russian oligarch on the ground that in evading sanctions imposed under IEEPA to pay for the maintenance of the vessel, the owner committed bank fraud, IEEPA and money laundering offenses, and that the yacht is […]

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Seizure of Russian Oligarch’s Yacht

This is a summary and comment on the seizure of a yacht owned by Viktor Vekselberg, a sanctioned Russian Oligarch, on the ground that it constitutes the proceeds of bank fraud and violations of the International Emergency Economic Powers Act (IEEPA), and constitutes property involved in an international money laundering offense.  The article, excerpted from […]

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NCB (Civil) Forfeiture in Malta

This is the lecture outline used by Stef Cassella to train judges and prosecutors in Malta on the application of the non-conviction-based forfeiture provisions in the Proceeds of Crime Act in March 2022. NCB Forfeiture in Malta

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Testimony on Civil Forfeiture Before the Civil Rights Commission

The following is a transcript of the testimony of Stef Cassella before the South Carolina Civil Rights Commission on the use of the civil forfeiture laws.  The testimony explains how civil forfeiture works, gives examples of when it is used, and addresses the criticism that it is lacking in due process and is unfairly applied […]

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