Seized Sales is a nationwide company with expertise in government auctions as well as the management, marketing and sales of a wide range of assets, specializing in web-based and live auctions.
In 1984, Congress enacted the Comprehensive Crime Control Act, which gave federal prosecutors new forfeiture provisions to combat crime and enable the sale of forfeited assets such as real property, vehicles, businesses, financial instruments, vessels, aircraft and jewelry. There are three goals of the Asset Forfeiture Program: enforcing the law; improving law enforcement cooperation; and enhancing law enforcement through revenue. The Asset forfeiture program is a law enforcement success story.
Government agencies liquidate assets seized for forfeiture by utilizing successful procedures employed by the private sector by contracting with qualified vendors who minimize the amount of time an asset remains in inventory.
Seized Sales is part of the Allied Auctions group.