BucketofBolts

GIGANTIC GOVERNMENT AUCTION in Sacramento area on October 26

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 Ex CEO of DC Solar's massive classic car & classic truck collection to be auctioned by Uncle Sam Saturday October 26th. Includes a restored 1930 CORD L-29, many high dollar 1960s muscle cars, many 1950s trucks, and some new vehicles.  It is at Apple Auctioneers, Co in Woodland, CA.  

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Why is the US Government involved with the sale ? ?

 

Live in a different country so I do not know the story behind the sale.

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13 minutes ago, Mark Gregory said:

Why is the US Government involved with the sale ? ?

 

Live in a different country so I do not know the story behind the sale.

Maybe didn't pay enough taxes or ill. gotten gains?

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One of the links says they agreed to the sale to avoid having to pay storage fees for the cars as the investigation continues.  The money from the sale of the autos will be placed into a trust to pay any possible fines.  Seems to say they know they have been doing shady business practices.

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Wow.  Lots to lust over in that sale if you got the $$.  Wonder what the story is behind all the white pickups?  Business vehicles, as opposed to collectibles?

 

 

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I wonder if the CEO of CHASE bank and all the other banks that sank tens of millions into the PONZI scheme, as well as the CEO of Sherman Williams, and Warren Buffet (who himself got fleeced out of $350 million alone) will attend the classic car auction on October 26th?  I would not be surprised to find out that some of these cars have cash secretly placed in the door panels by Jeff Carpoff of DC Solar. The 1930 CORD L-29 for auction looks for a cheap price as does the 1951 Chevy 3100 Thriftmaster truck. 

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Today 10-22-2019 in the $2.5 Billion+ PONZI scheme two conspirators pleaded guilty in the Sacramento Federal Court. Looks like Jeff Carpoff will soon be wearing an orange jump suit. The Sacramento Bee has article that came out few minutes ago about the PONZI scheme and the cars being sold. Some of these cars are WOW factor. The collection is magnificent.  The Feds expect to receive over $3 million from the sale. 

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There's a '39 Buick, High Bid 8,300.00 USD

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