FBI Seizes $86 million in Cash from Customer Safe Deposit Boxes
Back in 2021, the federal agents raided U.S. Private Vaults, a private vaulting and safe deposit box company located in Beverly Hills, CA under the suspicion that the owners of the company were involved in money laundering.
More than $86 million dollars in cash and millions of dollars worth of jewelry and other valuable personal items were seized from the rightful owners, most who are innocent of any crimes or wrongdoing.
After two years of legal battles, some customers have managed to recover roughly $25 million in cash taken by the government.