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FBI Seizes 800 Beverly Hills Safety Deposit Boxes With $86 Million, Lawyers Claim Fed Raid ‘Unconstitutional’ – Bitcoin News

The Federal Bureau of Investigation (FBI) has come under fire for the alleged unconstitutional seizure of 800 safety deposit boxes in Beverly Hills. According to reports, the FBI seized $86 million in cash, jewelry and thousands of gold and silver bars. Box holders and their lawyers are calling the federal law enforcement agency for a lack of sufficient evidence that the boxes hold evidence of being tied to specific crimes.

abuse of power? Lawyers believe the FBI seized people’s life savings unconstitutionally

The FBI has seized more than 800 safety deposit boxes that were located in Beverly Hills and kept in a US Private Vault store. The report said the FBI received an order from a California magistrate to seize the store’s “business equipment” that was linked to a money laundering case. The order prohibited search of safety deposit box contents, telling LA Times reporter Michael Finnegan.

“This warrant does not authorize a criminal search or confiscation of the contents of the safety deposit box,” the order, signed by US Magistrate Steve Kim, clearly states.

FBI Seizes 800 Beverly Hills Safety Deposit Boxes With $86 Million, Attorney Claims Fed Raid 'Unconstitutional'
A video image obtained from a US court in California shows federal agents confiscating items held at the US Private Vault store in Beverly Hills. Lawyers say the FBI has abused its power and that the seizure is unconstitutional. The 369 boxes contained $86 million in valuables and the raid took five days to complete. Federal agent Thom Morozek denied any wrongdoing and said 75 boxes had been returned and another 175 would be returned to the owners.

The owners of the safety deposit boxes and their lawyers believe the FBI got them wrong. To date, 11 lawsuits have been filed against the federal agency by safety deposit box holders. Lawyers representing a large number of box holders said the federal law enforcement agency had not obtained a standard issued warrant that notes probable cause. Attorney Benjamin Gluck, representing the US Private Vault store box holders, believes the FBI has broken standard protocol.

“[The government] Can’t take stuff without proof hoping you’re going to get it later,” Gluck told the LA Times. “The opposite of the Fourth Amendment and forfeiture laws requires that you have evidence first, and then you can take property.” Speaking Along with the publication reason, Gluck noted that federal agents are taking people’s money hostage. Gluck said:

It was unfair that the government confiscated these properties in the first place, it is unconscionable that they are using them as hostages to pressure owners to reveal personal information, and outrageous that they have clearly so negligently treated the property that it seems that they have lost at least something to them.

Lawyer for a safety deposit box owner says: ‘The constitution does not ascribe offense by association’

Joseph Ruiz lost his life savings in an FBI raid and said federal agents took $57K in cash. Ruiz obtained money in documented legal settlements and the FBI gave him no explanation. “They just stole my money,” Ruiz said. “I have been made a criminal, and I did nothing. I am a law-abiding citizen,” he said.

“They throw people like Joseph into this upside-down world where they have done nothing wrong, but they are forced to come forward to prosecute the government to get their wealth back and prove their own innocence. ,” Robert Frommer, Joseph Ruiz, a lawyer, explained in an interview.

Frommer works for the libertarian law firm Institute for Justice and has written an editorial about the FBI in the Orange County Register. “The Constitution does not ascribe offense by union,” argues Frommer. “What the government has done here is completely backward. The government cannot search every apartment in a building because the landlord is involved in a crime. After all, when someone rents an apartment, that apartment is theirs,” said the attorney.

Despite the allegations, the FBI denies that the federal agency did anything wrong. An FBI spokesman, Thom Morzek, denied that the federal agency abused its authority and noted that the funds were allegedly tied to the misdemeanors. Mirojek said a large pile of cash held by a person without a source of income could lead to a seizure. “We have some basis to believe that the items are related to criminal activity,” Mirojek stressed during his interview.

highlight the benefits of this type of federal tour crypto asset like bitcoin (btc), Ethereum (ETH), and Bitcoin Cash (BCH), which are much harder to confiscate than boxes full of cash and jewellery. Countless reports over the past decade show law enforcement agents taking people’s life savings to illegally travel with large bundles of cash or precious metals. These Legitimate Pirates Took $46 Billion From confiscation cases (Data from 2000 to 2019) And the US federal government holds the bulk of the money.

In fact, US law enforcement has boomed Billions per year in forfeiture cases, and many never get tested. has led to abuse unprecedented level In the case of abuse where human rights groups have termed the action as ‘policing for profit’. Doesn’t even account for the Fed’s annual cash and massive stockpile of jewelry huge amount of land confiscated Federal agencies take in forfeiture cases.

An advocate for an anonymous box holder, Jeffrey B. Isaac, says that his unnamed client “James Poe” believes he did nothing wrong. Isaacs stressed that the FBI’s recent raid on the Private Vault store is one of the most profound “illegal searches and seizures I’ve ever seen”. Prosecutors are “attempting to extort people to uncover their identities to investigate. This is unprecedented, and I think it’s very dangerous,” concluded Isaacs.

What do you think about the FBI seizing 800 security deposit boxes in Beverly Hills and claiming money “related to criminal activity?” Let us know what you think about this topic in the comment section below.

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attorney, Benjamin Gluck, Beverly Hills, Bitcoin, civil property confiscation, cryptocurrency, deposit boxes, FBI, federal Bureau Investigation, illegal, illegal search and seizure, Justice Institute, Joseph Ruizo, Law enforcement, Robert Frommer, safety deposit box, recovery, steve kim, US Private Vault Store, US law enforcement, warrantless

image credit: Shutterstock, Pixabay, WikiCommons, US District Court California Evidence,

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