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by Natsu
3877 days ago
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Yes, we are. The thing is that they've got to freeze $40M+ which probably is everything after what he spent. The reason for this is that money is fungible. I can choose to spend from stolen assets or my original assets. Thus, it makes no sense to think of some as "tainted" and other funds as "untainted" which is something you will also see the justices question in oral argument. There's no sense in rewarding someone for spending the stolen money first, which is the only thing the rule being proposed would accomplish. That's the same reason they've repeatedly rejected the idea, as also is mentioned repeatedly in oral argument by both the liberal (Kagan) and conservative members of the Supreme Court. |
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Certainly if she is convicted, then they can take her for everything. But she hasn't been convicted yet, she's just been charged. They're not 'rewarding' her for spending stolen money first, because in the case of a conviction they're going to take her everything and throw her in jail to boot.
And it's not necessarily true that assets, even monetary ones, are fungible and that you can spend from either pool at whim. My father has to separate his business and personal bank accounts for tax reasons. Criminals have to launder money, this was illustrated to hilarious effect in Breaking Bad. When you're dealing with large amounts of money, people pay more attention.