Tennessee Taxpayers Swindled by Defendants, Financial Crimes, Tennessee 2021

Crime has no borders, and neither does the scope of financial crimes. In the Eastern District of Tennessee, the U.S. Attorney’s Office has made significant strides in collecting debts owed to the U.S. and victims of federal crimes. United States Attorney Francis M. Hamilton III announced that the office collected $4,281,327.54 in criminal and civil actions in Fiscal Year 2021.

Of this amount, $3,668,516.41 was collected in criminal actions and $612,811.13 was collected in civil actions. This is a testament to the dedication of law enforcement agencies and the U.S. Attorney’s Office in combating financial crimes in the region.

Separately, in fiscal year 2021, the District of Eastern District of Tennessee also recovered $555,110.14 as the result of filling an execution in an ongoing criminal matter. This recovery is a significant addition to the overall total and highlights the importance of the U.S. Attorney’s Office in holding defendants accountable for their actions.

The U.S. Attorney’s Offices, along with the litigating divisions, are responsible for enforcing and collecting civil and criminal debts owed to the U.S. and criminal debts owed to federal crime victims. The law requires defendants to pay restitution to victims of certain federal crimes who have suffered a physical injury or financial loss. While restitution is paid to the victim, criminal fines and felony assessments are paid to the department’s Crime Victims Fund, which distributes the funds collected to federal and state victim compensation and victim assistance programs.

Additionally, the U.S. Attorney’s office in Eastern District of Tennessee collected $2,663,255 in asset forfeiture actions in FY 2021. Forfeited assets deposited into the Department of Justice Assets Forfeiture Fund are used to restore funds to crime victims and for a variety of law enforcement purposes.

The results of these efforts are a stark reminder of the importance of holding defendants accountable for their actions and providing justice to victims of financial crimes. The U.S. Attorney’s Office in the Eastern District of Tennessee is committed to continuing this work and making a positive impact on the community.

Here are the details of the collected amounts: $3,668,516.41 in criminal actions, $612,811.13 in civil actions, and $2,663,255 in asset forfeiture actions. The District of Eastern District of Tennessee also recovered $555,110.14 in an ongoing criminal matter.

With these efforts, the U.S. Attorney’s Office in the Eastern District of Tennessee is making a significant impact in combating financial crimes and providing justice to victims. The office’s commitment to this work is a testament to its dedication to protecting the community and upholding the law.

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