Source: http://openjurist.org/111/f3d/301
Timestamp: 2013-12-10 10:13:47
Document Index: 467450046

Matched Legal Cases: ['§ 511', '§ 1607', '§ 1607', '§ 1316', '§ 1607', '§ 1608', '§ 9', '§ 1316']

Section 881 of U.S.C. Title 21, which is part of the Comprehensive Drug Abuse Prevention and Control Act, Pub.L. 91-513, Title II, § 511, 84 Stat. 1276 (1970) (the "Act"), authorizes the civil forfeiture of funds that are the proceeds of drug transactions.2 Torres v. $36,256.80 U.S. Currency, 25 F.3d 1154, 1155 (2d Cir.1994). For property valued at $500,000 or less, the DEA may follow an administrative forfeiture process governed by the customs laws. 19 U.S.C. § 1607; 21 U.S.C. 881(d); Torres, 25 F.3d at 1156. See generally United States v. Idowu, 74 F.3d 387, 394 (2d Cir.), cert. denied, --- U.S. ----, 116 S.Ct. 1888, 135 L.Ed.2d 182 (1996); 21 C.F.R. 1316.71-.81. An administrative forfeiture is commenced by the publication of notice. See 19 U.S.C. § 1607; 21 C.F.R. § 1316.75. In addition, the DEA must send notice to every party who has an interest in the property.3 19 U.S.C. § 1607. Within twenty days from the date of the first publication of the notice of seizure, a claimant who has received constitutionally adequate notice of intent to forfeit can judicially contest the forfeiture by filing a claim with the DEA, and a cost bond (in the "penal sum of $5,000 or 10 percent of the value of the claimed property, whichever is lower, but not less than $250"), or a declaration of an inability to file the cost bond. 19 U.S.C. § 1608; 28 C.F.R. §§ 9.1-9.7; 21 C.F.R. §§ 1316.75-.76. Generally, if no claim or cost bond is filed, or if a petition to waive the