Property involving criminal activity

chernan0 · #1 Oct 20, 2009, 08:47 AM

When criminal activity is involved is it illegal to transfer property in to someone elses name when a case is pending and should a warranty deed or quit claim deed be used

chernan0 · Oct 20, 2009, 09:32 AM

Criminal activity involving narcotis, money laundering etc.

twinkiedooter · Oct 20, 2009, 02:40 PM

If the property was purchased with money from narcotics or money laundering, yes, it is illegal to transfer it to another person. It will probably be seized anyway even if the property was transferred. Just makes it a bit harder to do but it can and will be done.

twinkiedooter · Oct 20, 2009, 03:26 PM

Time well spent in a criminal attorney's office makes for dull Twinkiedooters. Several such cases went across my desk in the land of South Florida drug smugglers. In almost every case the government got to be the proud new owner of the ill gotten property. Might take them a few months/years but the Feds or the State would prevail. No sense transferring the property as it leaves a paper trail.



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