The highly anticipated auction of 149 vehicles seized in a Ponzi scheme took place today in Woodland, California, and when the final tallies were counted, the U.S. Marshals Service had sold the vehicles for $8,233,825. Almost 3,500 bidders participated in the auction, which saw 148 of the 149 cars being auctioned off – a 1964 Mini Cooper was pulled due to issues with the car's VIN. Lots ranged from a $1,051,225 2018 Prevost Featherlite motorcoach down to a $4,000 Honda dirt bike. The proceeds of the auction will be placed into a seized asset account until after the court case against Jeff and Paulette Carpoff concludes. At which time, the U.S. Marshals Service says that this money could be made available as restitution to the defrauded victims.
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10-28-2019, 03:46 AM
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