Ponzi schemer's cars headed to auction
#1
Ponzi schemer's cars headed to auction
Somebody needs to go here and buy some of these cars!
http://www.oldcarsweekly.com/article..._Cars_Auction/
Lots of interesting iron, and there is one Olds, a '69 442 Coupe.
http://www.salesandauction.com/jan710.htm
Motorcycles, too.
http://www.salesandauction.com/jan2110.htm
http://www.oldcarsweekly.com/article..._Cars_Auction/
Lots of interesting iron, and there is one Olds, a '69 442 Coupe.
http://www.salesandauction.com/jan710.htm
Motorcycles, too.
http://www.salesandauction.com/jan2110.htm
#3
I've seen many errors of this type in auction listings over the years. I understand that auctioneers can't know everything about everything, and these guys apparently primarily are real estate auctioneers and do not regularly auction old cars. But still...
#4
That is not as bad as the 1948 Mercury/Desoto he list and then list the same car elsewhere as a 1948 Mercury sedan when it appears to be a convertible. There is also a 1903 Curvedash Olds listed as a carriage (no doubt probably a replica).
#6
Yes, but if the personal property was obtained using stolen money, is it really his property? Certainly if the government catches a bank robber and recovers the stolen cash, that's legitimate. That's what was stolen. If the bank robber buys a new TV with the stolen cash before the police catch him, that doesn't mean that the TV is the personal property of the bank robber and the police can't recover it, does it? I would think not. The TV is still ill-gotten gains.
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