Tuesday, January 25, 2011

Feds auctioning ponzi schemer's stuff

AURORA | Federal agents announced today they will auction off some of convicted Ponzi schemer Shawn Merriman’s possessions this weekend. 

The auction is set for Saturday at a Denver auction house. 

Click below for the whole release from the United States Attorney’s Office in Denver.
The release from the US Attorney:


U.S. MARSHALS TO AUCTION PONZI SCHEME ASSETS
 
DENVER, Colorado – The U.S. Marshals Service will conduct a public auction on January 29th, 2011, pursuant to the Court ordered forfeiture and sale of assets accumulated by Shawn Merriman.
 
Merriman was convicted of Mail Fraud in U.S. District Court and sentenced to serve 151 months in federal prison and pay over $20 million in restitution for his illegal investment scheme that bilked over $37 million dollars from unsuspecting investors. Merriman used some of the money to buy a wide range of items that were ultimately seized by the Postal Inspection Service and the U.S. Marshals Service.
 
All of the forfeited items are to be sold at public auction at 11:00am on Saturday, January 29th, 2011 at Dickensheets & Associates, 1501 W. Wesley Avenue, Denver, CO, 303-934-8322. The online portion of the auction will begin at 12 noon. A preview of the items to be sold is set for Friday, January 28th, 2011 from 9:00am – 5:00pm. The items that are being auctioned were forfeited to the government in the related civil forfeiture case.
 
Items to be sold and auction requirements may be viewed at:   www.dickensheet.com

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