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United States of America v. $455

UNITED STATES DISTRICT COURT FOR THE CENTRAL DISTRICT OF CALIFORNIA WESTERN DIVISION


June 22, 2011

UNITED STATES OF AMERICA,
PLAINTIFF,
v.
$455,951.00 IN U.S. DOLLARS AND 716,450 IN HONG KONG DOLLARS SEIZED FROM CHINATRUST COMMERCIAL BANK, DEFENDANTS.
PAULITE INTERNATIONAL CORPORATION, CLAIMANT.

The opinion of the court was delivered by: A. Howard Matz United States District Judge

JUDGMENT OF FORFEITURE

On June 10, 2011, the jury in the above entitled action returned a verdict finding that the defendant $455,951.00 in U.S. Dollars and 716,450 in Hong Kong Dollars seized from Chinatrust Commercial Bank, Ltd., Room 2801, 28th Floor, Two International Finance Center, 8 Finance Street, Central, Hong Kong, account number xxxxxxxx9200, with an account holder identified as Paulite International Corporation (hereinafter referred to as "defendant funds"), are subject to forfeiture to the United States pursuant to 18 U.S.C. §§ 981(a)(1)(A) and (C), both as proceeds of a hostage-taking offense and as money involved in a money laundering transaction. The jury further found that claimant Paulite International Corporation failed to prove its affirmative defense of innocent ownership pursuant to 18 U.S.C. § 983(d).

ACCORDINGLY, IT IS ORDERED, ADJUDGED AND DECREED that the defendant funds are hereby condemned and forfeited to the United States of America and no other right, title, and interest shall exist therein. The United States Marshals Service is ordered to dispose of said assets in accordance with law.

JS-6

20110622

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