Larry Vickers' firearms seized by ATF
Posted: Tue Oct 05, 2021 3:51 pm
I've seen the docs (direct PDF download-link: https://t.co/gTYC1UIffK?amp=1 ) - but I'm wondering what/who the heck is behind it all.
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http://uscode.house.gov/view.xhtml?req= ... ion=prelimCHAPTER 53—MACHINE GUNS, DESTRUCTIVE DEVICES, AND CERTAIN OTHER FIREARMS
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§5871. Penalties
Any person who violates or fails to comply with any provision of this chapter shall, upon conviction, be fined not more than $10,000, or be imprisoned not more than ten years, or both.
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§5872. Forfeitures
(a) Laws applicable
Any firearm involved in any violation of the provisions of this chapter shall be subject to seizure and forfeiture, and (except as provided in subsection (b)) all the provisions of internal revenue laws relating to searches, seizures, and forfeitures of unstamped articles are extended to and made to apply to the articles taxed under this chapter, and the persons to whom this chapter applies.
(b) Disposal
In the case of the forfeiture of any firearm by reason of a violation of this chapter, no notice of public sale shall be required; no such firearm shall be sold at public sale; if such firearm is forfeited for a violation of this chapter and there is no remission or mitigation of forfeiture thereof, it shall be delivered by the Secretary to the Administrator of General Services, General Services Administration, who may order such firearm destroyed or may sell it to any State, or possession, or political subdivision thereof, or at the request of the Secretary, may authorize its retention for official use of the Treasury Department, or may transfer it without charge to any executive department or independent establishment of the Government for use by it.
I have heard that if you loose your SOT bad things can happen to your MGs. Like forfeited or destroyed.TexasVet wrote: Tue Oct 05, 2021 10:23 pm Long list. So many unknown machine guns. And all of them have a value of $1,000 and homemade silencers for $1. I would take a transferable machine gun for 1,000.
Edit: Looking at the list it has none of his many handguns. Is this something that gets published if someone looses/relinquishes their FFL/SOT and have to give up their inventory of fun guns?
I've never seen a MG sell for less than 15K. And most I've seen were over 25K. If SOT's can get them for 1K, I'm definitely in the wrong business.TexasVet wrote: Tue Oct 05, 2021 10:23 pm Long list. So many unknown machine guns. And all of them have a value of $1,000 and homemade silencers for $1. I would take a transferable machine gun for 1,000.
Edit: Looking at the list it has none of his many handguns. Is this something that gets published if someone looses/relinquishes their FFL/SOT and have to give up their inventory of fun guns?
That was my though.... it's been WAY TO QUIET!! He's a big name in this industry- I'd have expected some news on some site, somewhere!KC5AV wrote: Wed Oct 06, 2021 11:09 am And all of them were seized on August 25. I’m surprised nothing has been said about before now.
I have no idea what it takes to renew- but he just lost about a quarter mil (probably a very conservative estimate) in property... seems a renewal would have been worth it even if he had to hire someone to liquidate it all, if for nothing else but to his future estate.snapcap45 wrote: Wed Oct 06, 2021 4:36 pm According to John Crump due to Larry's health issues he let his SOT lapse. Therefore the ATF seized his MG's. There was no illegal activity.
Yep. Over on ARFCOM someone indicated there is an outfit out there that does SOT liquidations, as even the ATF doesn't want to have to deal with it.flechero wrote: Wed Oct 06, 2021 6:29 pmI have no idea what it takes to renew- but he just lost about a quarter mil (probably a very conservative estimate) in property... seems a renewal would have been worth it even if he had to hire someone to liquidate it all, if for nothing else but to his future estate.snapcap45 wrote: Wed Oct 06, 2021 4:36 pm According to John Crump due to Larry's health issues he let his SOT lapse. Therefore the ATF seized his MG's. There was no illegal activity.