Auction of confiscated vehicles to be held Saturday - East Valley Tribune: Tempe

Auction of confiscated vehicles to be held Saturday

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Posted: Friday, March 2, 2012 3:35 pm

The U.S. Marshal’s Service of Arizona is holding an auto auction on Saturday featuring vehicles that have been forfeited to the government.

The auction, which will be held at Apple Towing, 5720 E. Mineral Road in Guadalupe near Tempe, will begin at 9 a.m. The cars can be previewed until 5 p.m. on Friday and from 7 a.m. to 9 a.m. Saturday.

The United States Marshals Service Asset Forfeiture Program plays a vital role in managing and disposing of $3.9 billion worth of assets for items such as vehicles, watercraft, real property, and jewelry that are seized and forfeited by federal law enforcement agencies and the U.S. Attorney’s Office.

The program has become a key part of the federal government’s efforts to combat major criminal activities by stripping criminals of their ill-gotten gains.

Proceeds generated from asset sales are used to fund victim restitution, supplement funding for federal law enforcement initiatives, and are often shared with state and local law enforcement partners, said David Gonzales, U.S. Marshal of Arizona.

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