BILL ANALYSIS                                                                                                                                                                                                    Ó



                                                                      



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                                 THIRD READING


          Bill No:  AB 1293
          Author:   Blumenfield (D)
          Amended:  6/28/11 in Senate
          Vote:     21

           
           SENATE PUBLIC SAFETY COMMITTEE  :  7-0, 7/5/11
          AYES:  Hancock, Anderson, Calderon, Harman, Liu, Price, 
            Steinberg
           
          SENATE APPROPRIATIONS COMMITTEE  :  Senate Rule 28.8

           ASSEMBLY FLOOR  :  76-0, 5/31/11 - See last page for vote


           SUBJECT  :    Elder abuse:  theft or embezzlement

           SOURCE  :     Author


           DIGEST  :    This bill allows the seizing and preservation of 
          assets of a criminal defendant charged with felony elder or 
          dependent adult financial abuse.

           ANALYSIS  :    Existing law provides that where a defendant 
          is convicted of two or more related felonies involving 
          fraud or embezzlement, and the pattern of conduct involves 
          the taking or loss of more than $100,000, the defendant 
          shall be punished by an "aggravated white collar crime 
          enhancement" of specified prison enhancement term.  The 
          following applies to such cases:

           The enhancement imposed only once in a criminal 
                                                           CONTINUED





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            proceeding.

           A "pattern of related felony conduct" means engaging in 
            at least two felonies that have the same or similar 
            purpose, result, principals, victims, or methods of 
            commission, or are otherwise interrelated and are not 
            isolated events.  "Two or more related felonies" are 
            felonies committed against two or more separate victims 
            or against the same victim on two or more occasions.  

           If the crimes involved taking or loss of more than 
            $500,000, the additional prison term shall be two, three, 
            or five years.

           If the crimes involved taking or loss of between $100,000 
            and 500,000, the additional prison term shall be one or 
            two years, as specified.  (Penal Code Sections 186.11, 
            subd. (a)(1)-(3) and 12022.6, subd. (a)(1)-(2).) 

          Existing law allows the prosecution in a case involving an 
          aggravated white collar crime enhancement to obtain an 
          order for the seizing and holding of the defendant's assets 
          in order to prevent the defendant from hiding or 
          dissipating the assets.  (Penal Code Section 186.11, subd. 
          (e).)

          Existing law provides that a person who claims an interest 
          in the protected property may file a claim concerning 
          his/her interest in seized property, as specified.  (Penal 
          Code Section 186.11, subd. (e)(6).)

          Existing law provides that the court shall order a 
          defendant subject to punishment under the white collar 
          crime provisions to make full restitution to victims.  The 
          court can order the defendant to remain on probation for up 
          to 10 years in order to ensure payment of restitution.  The 
          provisions for protection of assets seized from defendants 
          shall remain in effect through sentencing in order to 
          satisfy fines and restitution orders.  (Penal Code Section 
          186.11, subds. (d) and (i)(1)(A)-(B).)

          This bill provides for the preservation of assets and 
          property by the court of any person charged with felony 
          elder or dependent financial abuse if that conduct involves 







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          the taking or loss of $100,000 or more.  

           FISCAL EFFECT  :    Appropriation:  No   Fiscal Com.:  Yes   
          Local:  No

           SUPPORT  :   (Verified  8/15/11)

          All support to prior version of bill:
             AARP
             California Police Chiefs Association
             California Senior Legislature
             Consumer Attorneys of California
             Office of the Attorney General
             The Arc and United Cerebral Palsy

           ARGUMENTS IN SUPPORT  :    According to the author, "Every 
          year in California, a growing number of senior citizens are 
          victimized by those who steal the money they worked a 
          lifetime to save.  Prosecuting these cases can be extremely 
          complex, especially in instances where financial predators 
          have stolen hundreds of thousands of dollars.  

          "While district attorneys are spending scarce taxpayer 
          dollars prosecuting these complex cases, the defendants 
          often are defending themselves in court using the assets 
          they stole from the elderly victim.  Even when cases are 
          successful, victims are unable to recover their stolen 
          property if it has been transferred away or spent on 
          exorbitantly priced defense attorneys working on behalf of 
          the perpetrator. 

          "To address this problem, in cases where more than $100,000 
          has been stolen, Assembly Bill 1293 allows the courts to 
          freeze the assets of a financial predator to ensure that 
          the victim is made whole once the defendant has been 
          convicted.  AB 1293 prevents financial predators from 
          spending down or secreting away stolen assets while they 
          are at trial."

           ASSEMBLY FLOOR  :  76-0, 5/31/11
          AYES:  Achadjian, Alejo, Allen, Atkins, Beall, Bill 
            Berryhill, Block, Blumenfield, Bonilla, Bradford, 
            Brownley, Buchanan, Butler, Charles Calderon, Campos, 
            Carter, Cedillo, Chesbro, Conway, Cook, Davis, Dickinson, 







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            Donnelly, Eng, Feuer, Fletcher, Fong, Fuentes, Furutani, 
            Beth Gaines, Galgiani, Gatto, Gordon, Grove, Hagman, 
            Hall, Harkey, Hayashi, Roger Hernández, Hill, Huber, 
            Hueso, Huffman, Jeffries, Jones, Knight, Lara, Logue, 
            Bonnie Lowenthal, Ma, Mansoor, Mendoza, Miller, Mitchell, 
            Monning, Morrell, Nestande, Nielsen, Norby, Olsen, Pan, 
            Perea, V. Manuel Pérez, Portantino, Silva, Skinner, 
            Smyth, Solorio, Swanson, Torres, Valadao, Wagner, 
            Wieckowski, Williams, Yamada, John A. Pérez
          NO VOTE RECORDED:  Ammiano, Garrick, Gorell, Halderman


          RJG:do  8/16/11   Senate Floor Analyses 

                         SUPPORT/OPPOSITION:  SEE ABOVE

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