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Mayor Vincent A. Cianci Jr. of Providence must forfeit at least $250,000 in campaign contributions because they were collected through racketeering, a federal judge has ruled.
One reason, they said, was the plunge in financial markets in Turkey on Monday, when it seemed that war in Iraq was imminent and that Turkey would forfeit at least $6 billion in special aid that the United States had tied to the use of Turkish territory.
If convicted, the defendants would also have to forfeit at least $3 million worth of property secured through the crimes, the statement said.
In the last decade, the city has collectively agreed to forfeit at least $400 million in incentives to developers, all part of an effort to encourage the construction of new hotels, city documents show.
Things get even more complicated if a legally-married gay or lesbian couple move to a state that doesn't recognize their marriage, and they find that they may have to forfeit at least some the financial benefits and freedoms that they had become accustomed to on the state level.
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WASHINGTON — He is forfeiting at least $41 million in pay.
By doing so, Williams forfeited at least $100,000 in workout bonuses.
That matching feature penalizes efficiency and thrift, since a reduction of $1 in state spending also means forfeiting at least one federal dollar, often more.
The university last November declared "a day of great shame" and forfeited, at least for now, basketball victories from the '92 postseason and all of '93 (the Webber years) and '95 through '99 (the Taylor, Traylor and Bullock years).
According to data from Florida's Office of Program Policy Analysis and Government Accountability, local law enforcement agencies in Florida forfeited at least $68 million in assets over the past five fiscal years.
Whistle blowers themselves will often argue that owed loyalty has been forfeited (or at least overridden), so that no disloyalty has been perpetrated.
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