Con workers in east of France, transferring property to state (11)

I believe the answer is:

escheatment

'transferring property to state' is the definition.
(historical legal term)

'con workers in east of france' is the wordplay.
'con' becomes 'cheat' (I've seen this in another clue).
'workers' becomes 'men' (men can mean staff or employees).
'in' means one lot of letters goes inside another.
'east of france' becomes 'est' ('east' in French).
'cheat'+'men'='cheatmen'
'cheatmen' put within 'est' is 'ESCHEATMENT'.

I've seen this clue in The Times.

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