"officials locking people out of their bank accounts and stealing their homes"?
Any proof of this, and in what circumstances it allegedly happened?
People who can't explain where they got all the money in their bank accounts, how they paid for their homes, cars, boats, etc...could well have all those assets seized by said "officials"....police, courts, govts.
There are such laws.
"Money laundering", "proceeds of crime", "hiding money from the ATO" [IRS in America]....etc, would be the suspected behaviours.
In my mind it's all good.
Everyone should be honest, not commit crimes, and pay the taxes they are supposed to.