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67 Dep't of Just. J. Fed. L. & Prac. 219 (2019)
Transferring Forfeited Assets to Victims through Remission, Restoration, and Restitution

handle is hein.journals/usab67 and id is 703 raw text is: Transferring Forfeited Assets to Victims Through Remission, Restoration, and Restitution Alice W. Dery Chief, Program Management and Training Unit Money Laundering and Asset Recovery Section Jennifer Bickford Deputy Chief, Program Management and Training Unit Money Laundering and Asset Recovery Section I. Introduction As Congress has expanded the number of crimes for which forfeiture is available or mandated, forfeiture has become the principal tool by which the government recovers criminal proceeds, facilitating property, and the instrumentalities of crime and returns these assets to victims of crime. From 2002 to the present, the government transferred more than $8 billion to victims.' The graph below shows the growth of forfeiture disbursements to victims over that period. 1 See, e.g., Press Release, U.S. Dep't of Justice, Department of Justice Compensates Victims of Bernard Madoff Fraud Scheme with Funds Recovered Through Asset Forfeiture (Nov. 9, 2017); Press Release, U.S. Dep't of Justice, Department of Justice Begins Second Distribution of Funds Recovered Through Asset Forfeiture Totaling $1.2 Billion to Compensate Victims of Bernard Madoff Fraud Scheme (Apr. 12, 2018); Press Release, U.S. Dep't of Justice, Department of Justice Begins Third Distribution of Funds Recovered Through Asset Forfeiture to Compensate Victims of Bernard Madoff Fraud Scheme (Nov. 29, 2018); Press Release, U.S. Dep't of Justice, Department of Justice Begins Fourth Distribution of Funds Recovered Through Asset Forfeiture to Compensate Victims of Bernard Madoff Fraud Scheme (July 31, 2019). DOJ Journal of Federal Law and Practice September 2019 219