03/13/2013 09:31 am ET

Bobby Ferguson Forfeits Property, Cash, Homes One Day After Jury Finds Him Guilty

DETROIT (WXYZ) - Kwame Kilpatrick and Bobby Ferguson have given up their freedom, but now the feds are looking for more.

Now that the duo’s been convicted under the powerful racketeering statute—known as RICO—the feds have started pursuing any assets that were purchased with ill-gotten gain.

"They have a team of forfeiture analysts, contract people, attorneys, and FBI special agents that that’s all they do, their job is to focus on finding the assets in these cases," said Dan Roberts, the former Special Agent in Charge of Detroit's FBI office.

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