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Tag: asset sharing

Payday: $29.5 in Forfeited Money Distributed to Law Enforcement Across Texas

By Danny Fenster
ticklethewire.com

It’s payday, thanks to a Mexican drug cartel.

The bulk of $29.5 million in money seized by federal authorities from a Mexican cartel boss has been handed out in “asset sharing” funds by ICE, DEA, FBI and other federal agencies to law enforcement agencies across the state of Texas to combat drug cartels, reports the Washington Times.

Osiel Cardenas-Guillen, the former boss of the Gulf drug cartel, forfeited the money as a result of  a February 2010 court order, according to the Times. Guillen was sentenced to 25 years in November of 2010 for threatening to assault two US agents a deputy sheriff from Cameron County, Tex.

“With equitable asset-sharing like this, federal and local law enforcement can really turn the tables on the bad guys,” said James Dinkins, ICE executive director and head of the agency’s Homeland Security Investigations Division. “We simply take their illegal profits and invest them in local law enforcement efforts.”

To read more click here.