Seizing U.S. Assets of Foreign Officials

U.S. Immigration and Customs Enforcement has set up a Foreign Corruption Task Force (fact sheet here) in Miami to locate and seize properties in South Florida owned by officials of foreign governments who use funds from corruption in their home countries to purchase assets in the U.S.  An AP story (here) describes the Task Force and its seizure of a Key Biscayne condominium purchased by a former Nicaraguan tax official, and how the $2.7 million in proceeds from the sale will be used to build and equip four schools in Nicaragua. (ph)