Follow-up Audit of the Drug Enforcement Administration’s Handling of Cash Seizures
- ISBN-10
- 1437925952
- ISBN-13
- 9781437925951
- Pages
- 154
- Language
- English
- Published
- 2010-11
- Publisher
- DIANE Publishing
- Author
- Glenn A. Fine
Description
Profits from drug-related crimes, including cash, are subject to forfeiture to the gov¿t. In addition to the Drug Enforcement Admin. (DEA), state and local law enforcement agencies also seize cash during their drug enforcement operations. These state and local agencies may transfer seized cash to the DEA for processing. This audit concluded that the DEA needed to: (1) better define when the seizing agents or officers should count seized cash; (2) define a timeframe for taking seized cash to a bank to minimize the time the DEA holds seized cash; and (3) speed the transfer of seized cash to the U.S. Marshals Service by mandating the use of wire transfers. During the period Aug. 1, 2007, through Nov. 24, 2008, the DEA processed almost $522 million in seized cash.
