Fraud Fighter Podcast
Hosted by a former white-collar federal criminal investigator, this bi-weekly podcast seeks to find the best tools, practices, opportunities, and people to answer your questions about fraud and forensic accounting. Every episode is a conversation with an expert in the fraud or forensic accounting industry who has a story to tell, ideas and wisdom to share, successes to inspire, and failures to confess. Where can you find the right credentials for your career? Where can you find the right training for you and where you want to be? What opportunities exist in the anti-fraud industry? What software or technology is available to help you in your career? If you are asking these questions, this podcast is for you.
Fraud Fighter Podcast
025 - Importance of Asset Forfeiture - Ben Bain-Creed
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Robert Nordlander, CPA, CFE
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Episode 25
Benjamin Bain-Creed is an Assistant United States Attorney responsible for Asset Forfeiture in the Western District of North Carolina. As part of the prosecution team, he ensures that the asset forfeiture program is implemented in according to federal law and prosecution policy.
In this episode, we discuss:
- The various types of asset forfeiture
- The difference between seizure and forfeiture
- The decision making process when an asset is seized
- Why asset forfeiture is important in the judicial system
- What happens when an asset is forfeited
- How victims are repaid from asset forfeiture