Funk was tried with other Nazi leaders at the Nuremberg trials. He was accused by Allied prosecutors of having been closely involved in the State confiscation and disposal of the property of German Jews; and of conspiracy to commit crimes against peace; planning, initiating and waging wars of aggression; war crimes and crimes against humanity. He argued that, despite his employment titles, he had very little power in the regime. He did however, admit to signing the laws that "aryanized" Jewish property and in that respect claimed to be "morally guilty". At the Nuremberg trials American Chief Prosecutor Robert Jackson labeled Funk as "The Banker of Gold Teeth", referring to the practice of extracting gold teeth from Nazi concentration camp victims, and forwarding the teeth to the Reichsbank for melting down to yield bullion. Many other gold items were stolen from victims, such as jewellery, eyeglasses and finger rings. Other items stolen from the victims included their clothing, furniture, artwork and paintings, as well as any wealth in stocks, shares, businesses and companies. Such business assets were taken by aryanization with often large and profitable businesses sold for less than their true worth. The monetary proceeds of auctions of such assets as furniture were passed to the Reichsbank in Max Heiliger accounts for use by the Nazi state or the SS. Even the hair of the victims was taken by shaving either just before or just after their murder. When clothing was distributed after the victims were shot by the Einsatzgruppen, blood stains were often visible at and near the bullet holes.