NH prosecutors' office collects $24 million

Published on NewsOK Modified: December 6, 2012 at 10:58 am •  Published: December 6, 2012
Advertisement
;

CONCORD, N.H. (AP) — Federal prosecutors in New Hampshire collected more than $24 million in fiscal year 2012 from fines, penalties, forfeitures and restitution.

U.S. Attorney John Kacavas says nearly a third of the money came from a penalty paid by a Florida-based finance corporation — Imperial Holdings — to resolve fraud allegations.

Kacavas said the $24 million represents five times the annual budget of his office.

Nationwide, federal prosecutors collected more than $13 billion in civil and criminal penalties — twice the amount collected in fiscal 2011.

Kacavas said efforts to recover and restore to taxpayers money reaped through criminal enterprise is especially important in this period of economic recovery.



Trending Now


AROUND THE WEB

  1. 1
    10 Most Popular Wedding 'First Dance' Songs
  2. 2
    Psychologists Studied the Most Uptight States in America, and Found a Striking Pattern
  3. 3
    Facebook Post Saves Drowning Teen
  4. 4
    Saturday's front page of the New York Times sports section is simple: LeBron James and transactions
  5. 5
    The 19th-century health scare that told women to worry about "bicycle face"
+ show more