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Asset Forfeiture

The Treasury Executive Office for Asset Forfeiture (TEOAF) administers the Treasury Forfeiture Fund (TFF). The TFF is the receipt account for deposit of non-tax forfeitures made pursuant to laws enforced or administered by it participating Treasury and Department of Homeland Security agencies. The TFF is a special fund.  Special funds are federal fund collections that are earmarked by law for a specific purpose. The enabling legislation for TFF (Title 31 U.S.C. 9703) defines those purposes for which Treasury forfeiture revenue may be used. In addition to the agencies listed above, the funds can be allocated to other law enforcement entities that do not have forfeiture authority, such as financial Crimes Enforcement Network (FinCEN), Federal Law Enforcement Training Center (FLETC), and Tax and Trade Bureau.

Types of Forfeiture

Last Updated: 4/5/2011 9:54 AM