DEA Agent Carl Force Ordered to Forfeit Close to $500,000

Former Drug Enforcement Administration (DEA) agent Carl Force has been ordered to forfeit roughly $500,000 as part of his sentencing.

On July 1, Force pleaded guilty to charges of extortion, Money Laundering Money Laundering Money laundering is a blanket term to describe the process by which criminals disguise the original ownership and proceeds of criminal conduct by making such proceeds appear to be derived from a legitimate source.Money laundering is an issue that traverses countless industries and sectors, which includes the financial services space. Though criminal money may be successfully laundered without the assistance of the financial sector, billions of dollars’ worth of criminally derived money are laund Money laundering is a blanket term to describe the process by which criminals disguise the original ownership and proceeds of criminal conduct by making such proceeds appear to be derived from a legitimate source.Money laundering is an issue that traverses countless industries and sectors, which includes the financial services space. Though criminal money may be successfully laundered without the assistance of the financial sector, billions of dollars’ worth of criminally derived money are laund Read this Term and obstruction of justice for alleged fraud perpetrated during the Silk Road investigation and other Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term-related crimes. Former Secret Service agent Shaun Bridges, also accused of embezzling bitcoin during the investigation, has agreed to plead guilty next month.

The order consists of several forfeitures for amounts held in numerous Bitcoin addresses and trading accounts, including BTC-e and E-Trade. Based on the current value of bitcoin ($290), the amounts add up to roughly $497,000. Force agreed to forfeit these assets to offset a $500,000 Money Judgement.

Another court document, submitted by Force’s attorney, Ivan Bates, beseeches Judge Jacqueline Scott Corley to allow Force to receive medication. According to Bates, Force has not gained access to his medication, needed to alleviate mental health issues.

He noted how Force is being held in solitary confinement at the San Francisco County Detention Center, and how combined with no access to his medication, Force’s mental health issues have worsened. He requests that Force be transferred to the Alameda County Detention Center as he awaits sentencing.

The case is being handled through the United States District Court, Northern District of California, San Francisco Division.