[Congressional Record (Bound Edition), Volume 156 (2010), Part 15]
[House]
[Page 22081]
[From the U.S. Government Publishing Office, www.gpo.gov]




     PRESERVING FOREIGN CRIMINAL ASSETS FOR FORFEITURE ACT OF 2010

  (Ms. CHU asked and was given permission to address the House for 1 
minute.)
  Ms. CHU. Madam Speaker, last year, Bobby Salcedo, a beloved elected 
official in my district, was brutally murdered by the Mexican drug 
cartels while visiting family in Durango, Mexico. While I am saddened 
by Bobby's loss, his death has led me to fight the dangerous drug 
cartels that thrive along our border. That is why I introduced the 
Preserving Foreign Criminal Assets Forfeiture Act, a bill that will 
make it easier for Federal police to seize the illicit assets of 
international criminal organizations.
  Foreign criminals are able to protect hundreds of millions of dollars 
in dirty money by moving their proceeds abroad before U.S. police can 
seize them, enabling them to continue their illegal activities. With 
this bill, we will have another tool to fight the drug cartels by 
cutting off their lifeblood and allowing Federal law enforcement 
officials to seize these illicit assets.

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