Can criminals keep the money they make through illegal means after they're arrested?

Question

Like, mafia. Can they keep the money they make off racketeering if they go to prison? Or can a black market dealer keep the money they make from the profits of their sales? I assume that people who like, rob banks or people can't keep that money though, rightfully. But the money that's not outright stolen, can criminals keep it?

Thanks for any help.

Update:

How would one file taxes on money they make through less-than-squeaky-clean methods?

Thanks for any help.

Maxi · Accepted Answer

Laws depends on country where I live "proceeds of crime" is the term given to money or assets gained by criminals during the course of their criminal activity. and is often seized...so property, land, business, vehciles, designer goods etc are seized and sold at auction

? · Answer

In what country or state?

In the UK, a court can make a confiscation order to make them pay it back.

StephenWeinstein · Answer

Theoretically, no.  It can be seized, if it can be found.  But sometimes they've hidden it or spent it.

Anonymous · Answer

Of course they don't.  It's disturbing that you'd even have to ask this question.

Slickterp · Answer

No, the assets are seized.

Anonymous · Answer

No...................

fghj · Answer

If they file tax on it

Trending News

Can criminals keep the money they make through illegal means after they're arrested?

7 Answers