Meth Dealer Faces Loss of His Comic Book Collection
cultiv8 writes "According to an article from The Smoking Gun: 'A large-scale methamphetamine dealer who allegedly laundered drug profits by purchasing valuable comic books is in danger of forfeiting his 18,753-volume collection to Uncle Sam, according to a new court filing. Federal prosecutors yesterday filed a US District Court complaint seeking ownership of the comic book holdings of Aaron Castro, 30, who is facing a May trial in Colorado on narcotics distribution and weapons charges. The comics are valued in excess of $500,000.'"
It means a comic book collection worth $500,000 will be going on sale at auction at bargain basement prices.
Dude, I don't think the guy reads comics.
Secondly, I think this is a clever way of laundering money. A bunch of small purchases that (should have) gone unnoticed, and then, one big sale of these on ebay while paying the income tax and paper trailing everything. Pretty smart, except for the fact that he got caught.
Seriously? How about the fact that the government is seeking ownership of half a million dollars in posessions that belong to a man who has not yet been convicted? Should you lose your comic or game collection or your car or even your home for merely being *accused* and tried for a crime? If the government has any business taking your property at ANY time, shouldn't it at least be AFTER you are CONVICTED? You know, when you've been found to actually be GUILTY?