CALIFORNIA IN BRIEF : ALAMEDA : IRS Auctions Off Vintage Autos
The Internal Revenue Service, selling off vintage cars seized in drug cases, netted $157,800 in an auction Thursday that drew 1,000 potential bidders and will help compensate the agency for unpaid taxes. Many of the prized automobiles were confiscated in drug seizures. Seven of the cars belonged to Rudy Henderson, a millionaire imprisoned on drug charges. One of the seven vehicles included a 1968 Chevrolet Corvette that went for $24,500, the highest of the sale. Henderson has an unpaid tax bill of $512,000 and the sale of his seven cars came to $96,900, the IRS said.
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