In order to get back any of the money that the New Hampshire State Police took from him, Edward Phipps has agreed to let federal prosecutors keep most of it, even though he has not been charged with any crimes.
The cops took the cash during a traffic stop in 2016. Phipps wasn’t even in the car at the time.
The police pulled the driver over for tailgating and for going one whole mile per hour over the speed limit. A search turned up a bag full of $46,000 cash in the trunk. Police then brought in a drug-sniffing dog, which came up empty.
Though they have presented no evidence of any criminal act, police took the money and federal prosecutors declared their intent to force the forfeiture of the funds, so they could keep it. Phipps came forward in July 2017 to indicate that the cash was his, and he said it was obtained legally.
We took note of this case back in March, and it looks like the Justice Department succeeded in getting its way. As part of a settlement, Phipps has agreed to give the Department of Justice $39,000 of the $46,000 seized.