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Asset Forfeiture Section

Section Overview

The Asset Forfeiture Section prosecutes civil and criminal asset forfeiture matters arising from a wide range of federal offenses. While a majority of the cases in the section involve narcotics and money laundering violations, the section also handles significant cases in such diverse areas as bank and health care fraud, smuggling, gambling and child exploitation.

Section Leadership

Steve Welk

Steve Welk is the Chief of the Asset Forfeiture Section. AUSA Welk has been prosecuting civil and criminal asset forfeiture cases for the U.S. Attorney’s Office in the Central District of California since 1995, and has been Chief of the Asset Forfeiture Section since 2001. AUSA Welk provides training to prosecutors and members of law enforcement throughout the country on federal forfeiture and money laundering issues. In 2011, he received the Attorney General’s Distinguished Service Award for his work on the RICO prosecution of more than 80 members of the Mongols outlaw motorcycle gang. He received his B.A. degree from the University of Southern California and his J.D. from Pepperdine University School of Law.

Recent Cases

November 27, 2017
Press Release
Attorney Pleads Guilty to Federal Charges Stemming from $50 Million Scheme that Defrauded the EB-5 Visa Program and Chinese Investors

November 6, 2017
Press Release
U.S. Army Contracting Officer Representative Sentenced to 18 Months in Federal Prison for Accepting Bribes from South Korean Companies

November 3, 2017
Press Release
Former Compton Deputy Treasurer Sentenced to 78 months for Embezzlement of over $3.7 Million in City Funds

July 14, 2017
Press Release
Former Compton Deputy Treasurer Admits $3.7 Million Embezzlement

June 15, 2017
Press Release
United States Seeks to Recover Approximately $540 Million Obtained From Corruption Involving Malaysian Sovereign Wealth Fund

Section Contact Information

The United States Attorney's Office
Central District of California
Criminal Division
Attn: Asset Forfeiture Section
312 North Spring Street
Los Angeles, California 90012

Updated December 4, 2017

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