White collar crime is the word or phrase that describes a group of non-violent charges that are often driven by a financial motivation. These offenses may include tax evasion, fraud, extortion, counterfeiting, money laundering, embezzlement, bribery or other related offenses.
Not only is money regularly the basis of these offenses, but it is often a factor in the penalties associated with the offenses. What this means is that investigators or prosecutors may attempt to have the assets that were allegedly gained through the fraud or theft frozen, forfeited or seized. What happens to those assets that are forfeited during a criminal proceeding?