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Radical Personal Finance

818-How to Protect Yourself from Civil Asset Forfeiture

Radical Personal Finance

Joshua J. Sheats, MSFS, CFP, CLU, ChFC, CASL, RHU, REBC, CAP

Self-improvement, Business, Education, Investing

4.21.9K Ratings

🗓️ 6 October 2021

⏱️ 74 minutes

🧾️ Download transcript

Summary

Recently, US government agents raided 800 safe-deposit boxes and stole $86,000,000 of cash plus other valuables from the box holders. The government is trying to keep the money under the Civil Asset Forfeiture rules in the USA.

Today, I explain the details of the case to you as well as how to protect your money and stuff from similar thefts.

Joshua

BOOK A CONSULTING CALL WITH JOSHUA: www.radicalpersonalfinance.com/consult 

Transcript

Click on a timestamp to play from that location

0:00.0

This episode is brought to you by Shopify.

0:03.0

That's what I hear when I make another sale on Shopify.

0:07.0

The all-in-one commerce platform that allows you to start,

0:10.0

run and grow your business.

0:12.0

Shopify is revolutionising millions of businesses worldwide.

0:17.0

So sign up for a £1 per month trial period at Shopify.co.uk

0:22.0

slash podcast23 all lowercase

0:25.0

and take your business to the next level today.

0:30.0

Welcome to Radical Personal Finance, a show dedicated to providing you with knowledge,

0:33.0

skills, insight and encouragement you need to live a rich and meaningful life now,

0:37.0

while building a plan for financial freedom in 10 years or less.

0:40.0

My name is Joshua Sheetz.

0:41.0

Today in the show we're going to talk about how to keep your money

0:46.0

and your valuable jewels, gold, silver, etc. safe from being stolen by the police.

0:54.0

That may sound like hyperbole, but it is not.

1:00.0

We'll begin with a Yahoo News story.

1:03.0

Married couple Jenny Pearsons and Michael Store aren't wealthy.

1:07.0

Pearsons works at a nonprofit theatre in Los Angeles,

1:10.0

and Store is a transportation coordinator in the film industry.

1:14.0

The couple has been saving for retirement for years,

1:17.0

buying silver here and there when they could afford it.

1:20.0

To keep their property safe, they rented a safety deposit box at US private vaults.

...

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