Re:We're joining Facebook
by geofft on Tuesday July 25, 2017 @01:27PM
(#14849826)
In the United States, more private property was lost last year to "civil asset forfeiture" than to conventional thieves. https://www.washingtonpost.com/news/wonk/wp/2015/11/23/cops-...
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| on HN ]
neither the article nor the year it refers to were last year. And even the article says it isn't true:
"...but this isn't exactly right: The FBI also tracks property losses from larceny and theft, in addition to plain ol' burglary. If you add up all the property stolen in 2014, from burglary, theft, motor vehicle theft and other means, you arrive at roughly $12.3 billion, according to the FBI. That's more than double the federal asset forfeiture haul."
Furthermore, a big chunk of that 2014 number was Bernie Madoff, per your atricle.
And finally, a big chunk actually goes back to the victims of the crimes ultimately linked to the forfeiture, again per your article.