IN Southern District collects $25M in forfeiture assets, financial litigation debt in FY23

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U.S. Attorney Zachary Myers

The U.S. Attorney’s Office for the Southern District of Indiana collected more than $25 million in asset forfeiture and financial litigation debt in fiscal year 2023.

Of that $25,434,282, $15,244,637 was collected through asset forfeiture actions and $10,189,645 was collected through civil and criminal debt collection actions.

The U.S. Attorneys’ Offices, along with Department of Justice’s litigating divisions, are responsible for enforcing and collecting civil and criminal debts owed to the United States and criminal debts owed to federal crime victims. The law requires defendants to pay restitution to victims of certain federal crimes who have suffered a physical injury or financial loss.

While restitution is paid to the victim, criminal fines and felony assessments are paid to the department’s Crime Victims Fund, which distributes the funds collected to federal and state victim compensation and victim assistance programs.

Forfeited assets deposited into the Department of Justice Assets Forfeiture Fund are used to restore funds to crime victims and for a variety of law enforcement purposes.

“The U.S. Attorney’s Office is dedicated to protecting the public and recovering funds for the victims of federal crime,” U.S. Attorney Zachary Myers said in a news release. “We are proud to have partnered with so many local, state, and federal law enforcement agencies to compensate victims and hold criminals financially accountable.”

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