The US government won’t specify why it abruptly seized more than $100 million from people’s safety deposit boxes in California, according to a new lawsuit.
The nonprofit Institute for Justice says it’s seeking to halt forfeiture proceedings for a group of citizens who’ve had their assets confiscated by the FBI with little to no explanation.
The case is centered on a Los Angeles-based couple who says the FBI abruptly seized $40,200 of their life savings from a safety deposit box.
Linda and Reggie Martin want to know why the FBI took their cash, along with the contents of hundreds of other people’s safety deposit boxes, from a financial storage company in Beverly Hills in March of 2021.
The couple says the agency seized their money without providing any evidence of illegal activity.
Attorney Bob Belden says the FBI’s move is plainly immoral and violates the Martins’ rights as American citizens.