| | #1 |
| Join Date: Feb 2007 Location: Damascus MD
Ferrari Life Posts: 330
|
A buddy of mine was in the jury for this douchebag in Virginia. Byron Keith Brown who was involved in a ponzi scheme. He collected a bunch of cars real quick. Here is the list of cars up for auction February 14, 2011 07:00 AM Eastern Time Luxury Vehicle Auction: U.S. Department of Treasury Seized & Forfeited General Property Program ALEXANDRIA, Va.--(BUSINESS WIRE)--VSE Corporation, in conjunction with Manheim Corporation, will conduct a Public Auction of seized and forfeited luxury vehicles formerly owned by Byron Keith Brown of Vienna, VA and Ellicott City, MD. The auction will be conducted on behalf of the U.S. Department of the Treasury at 1 p.m. on Tuesday, March 1, at the Manheim Baltimore-Washington location, 7120 Dorsey Run Road, Elkridge, MD, 21075. The general public may preview the vehicles at this location, Monday, February 28, from 1 p.m. until 4 p.m. Previews are open to the media. Brown acquired the luxury vehicles being auctioned through his involvement in an online ponzi scheme through which he fraudulently obtained over $17 million from online investors. These vehicles were seized from him as part of an investigation by IRS – Criminal Investigation and the prosecution of the case by the U.S. Attorney’s Office. Byron Keith Brown was sentenced on December 21, 2010 to 15 years in prison, followed by three years of supervised release for wire fraud and money laundering. The auction will include the following vehicles: 2007 Lamborghini Murcielago 2006 Aston Martin 2005 Rolls Royce Phantom 2002 Ferrari 360 2004 Mercedes Benz Maybach 57 2008 Maserati Gran Turismo 2007 Jaguar XKR CPE 2004 Bentley Continental 2006 Land Rover 2005 Land Rover Range Rover 1936 Auburn Speedster 2006 Mercedes Benz S500 2004 Audi AA8 2007 BMW 3 Series 2005 BMW 7 Series 2005 GMC Canyon 2005 Volkswagen Beetle Proceeds from the auction will be placed in the U.S. Treasury's Asset Forfeiture Fund. The net proceeds derived from the assets sold will be available as restitution to the victims of Byron Keith Brown’s crimes. For a list of items and photographs of the vehicles, and for Auction Terms of Sale, please visit the U.S. Treasury website at U.S. Treasury -General Property Auctions - Treasury Executive Office of Assets Forfeiture (TEOAF). For more information about this auction please call the Auction line at 1-888-534-2828. Permalink: Luxury Vehicle Auction: U.S. Department of Treasury Seized & Forfeited General Property Program | Business Wire |
| | |
| Sponsor - Register now for free to stop viewing this ad. |
| | #2 |
| Join Date: Feb 2007 Location: Damascus MD
Ferrari Life Posts: 330
| |
| | |
| | #3 |
| Owner Elite Member Join Date: Jun 2009 Location: Europe
Ferrari Life Posts: 3,257
|
First thing I'd be doing with that 360 is taking the alloys off. Come to think of it thats probably the first thing I'd do to the majority of his cars... Barry Ferrari's: 360 Modena F1, 308 GT4 Other Italians: Ducati 916, Ducati 848 DD's: RR Sport, BMW 645ci, BMW 1200GS Adv. |
| | |
| | #4 |
| Join Date: Feb 2007 Location: Damascus MD
Ferrari Life Posts: 330
| One note, they are no longer his cars. In fact, they are in the custody the US which means by default, as a US taxpayer, I own a piece of those cars. I want the keys so I can test drive them, damn it!
|
| | |
| | #5 |
| Owner Elite Member Join Date: Jan 2007 Location: far and away
Ferrari Life Posts: 5,054
|
+1 : Please deduct my Federal taxes before I bid...I expect to only pay about -$3,000...or, govt. owes me insurance, tires, and full tank of gas with money for Vegas at close of auction. I'll just say thanks in advance....going on-line to book my room now. Guide to the Galaxy: Don't Panic Rik -- LAH ! Current: 1990 Mondial T Cabriolet : Red/Tan 1995 456 GT 2+2 : Roso Metalizzato [Fer 311/C] & Tan |
| | |
| | #6 |
| Owner Sponsor Join Date: Nov 2006 Location: East Coast
Ferrari Life Posts: 386
Name: Robbie
|
Anyone ever been to one of these? Any other info for potential bidders? I would guess these cars go for close to what market value is and no "killer" deals?
|
| | |
| | #7 |
| Owner Elite Member Join Date: Jan 2006 Location: Chevy Chase, Md
Ferrari Life Posts: 6,603
Name: Ed
|
there will be no killer deals...
Everything you know is wrong Stop chatting and start living the ferrarilife! |
| | |
![]() |
| Thread Tools | |
| Display Modes | |
| |