Judge Stymies Feds’ Plan to Keep $85 Million in Raid Without Filing Criminal Charges

The feds faced another setback in their quest to keep $85 million in assets seized in a raid without charging hundreds of safe deposit box renters with a crime.

U.S. District Judge R. Gary Klausner issued a preliminary injunction July 16 in a lawsuit by several customers of Los Angeles-based U.S. Private Vaults (USPV), who alleged the FBI denied them due process by providing civil forfeiture notices that lacked “any legal basis” for seizing the contents of each box.

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Judge Stops Feds from Seizing Safe Deposit Boxes in $85M Raid, Citing Due Process Rights

A federal judge scolded the feds for their “woefully” vague seizure notices to customers of U.S. Private Vaults (USPV), saying the planned forfeitures of safe deposit boxes likely violate customers’ constitutional due process rights.

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