Take a walk around the Hilton Americas in Downtown and take a look at the jewelry cases in a ballroom. If something in the cases once belonged to someone you know, chances are they've had a lawyer or two in their day. And chances are they can't see people gawking at a Bart Simpson diamond "thing" and the rest of the bling.
"All all the big diamonds are hot," a man browsing said.
For the first time in years, the U.S Marshals service is holding a seizure and forfeiture auction in Houston. Friday a preview, Saturday the bidding online and in-person at the Hilton.
"We want to get rid of this stuff and Houston is a good venue for that," said Alfredo Perez of the U.S. Marshals Service.
More than 400 lots will be auctioned and when it's over the the government expects to take in about $3,000,000. White collar criminals are represented, so are drug dealers. There's an Ohio State National Championship ring from the 2003 Fiesta Bowl, fur coats and a Lebron James jersey. There are also a lot of watches, but you need a lot of time to count all the Rolexes.
The auction is being run in part by Bob Sheehan, a Texas-based auctioneer. He's been busy with this kind of thing. Last November in New York, he handled the auction for things that belonged to Bernie Madoff. This weekend another white collar criminal is getting attention. A 21-carat necklace is available. It belonged to an unnamed Ponzi scheme leader somewhere in the northeast.
Soon, it could belong to you, just raise your hand with caution.
U.S. Marshals Auction in Houston
Shoppers Hoping to Spot Deals
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