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Contact : Steve Davis
Phone : 910-997-2248
Auction Dates : 11/18/2009
Location : The North Raleigh Hilton
City : Raleigh
State : NC
Website : http://www.ironhorseauction.com/index.php?subp=1&sct=109&pg=ap&pid=13814&ap_sub=det&det=1
Additional information : Court Ordered Ponzi Scheme Auction
Case No: 7:09-CV-050-0
Jewelry, Designer Fashion & Accessories, Fine Art, Wine, Vehicles
& Personal Property
for the US Receiver in the matter of
William Wise & Millennium Bank of Raleigh, NC
Wednesday, November 18, 2009 ' 1 p.m.
Featuring the personal property seized from Raleigh-based banker and
lawyer, William Wise. The auction is being conducted by Leland Little
Auction & Estate Sales, Ltd. of Hillsborough, NC and Iron Horse Auction
Company of Rockingham, NC. The auction is being conducted under a
Federal Court order to sell the assets to benefit the 375 investors who
lost a reported 80 million dollars in Wise's elaborate, Caribbean-based,
Ponzi scheme.
Offerings include hundreds of designer handbags, shoes and accessories
by Chanel, Louis Vuitton, Cartier, Burberry, Tory Burch, Judith Leiber,
Gucci, Bulgari, Fendi, Versace, Christian Louboutin, Yves St. Laurent,
Chloe, Prada, Kate Spade, Stuart Weitzman, Jimmy Choo and more; fine
diamond jewelry; costume jewelry including a Chanel Multi CC Logo
Necklace; fine wines; Original paintings by Thomas Kinkade; Fine home
furnishings by La-Z-Boy, Ethan Allen, and others; Lenox; Mont Blanc;
Royal Copenhagen; Royal Doulton; Baccarat; Lladro; Waterford crystal;
Lalique art glass; Swarovski crystal collectibles; 2009 Cadillac
Escalade Platinum Edition; 2008 Mercedes S600; 2009 Mercedes SL600; and
much, much more!!! No minimums! Absentee, telephone, and internet
bidding available!
Sale: Wednesday, November 18, 2009, 1:00 PM
Previews: Wednesday, Novemeber 18, 9:00 A.M. - 1:00 P.M.
Location: The North Raleigh Hilton, 3415 Wake Forest Road, Raleigh,
27609
Directions: From RDU International Airport: Take the I-40 east, to Exit
289 for I-440 North/Hwy 64 Rocky Mount. Follow I-440 North to Exit 10
for Wake Forest Rd. Make a left at the exit ramp the hotel is 1/4 mile
north on the left
Partial Listing: A fully illustrated catalogue will be posted
soon...Please check back!!!
This sale is featured on the front page of Raleigh's News & Observer
(October 26, 2009) and is a top story on their website
www.newsobserver.com. WRAL is also following the proceedings and has
video footage documenting Wise's dealing at www.wral.com.
Conditions: All information contained herein is deemed to be from
reliable sources. However, neither the Auctioneer nor the Seller
guarantees this information to be correct. We reserve the right to add
or delete. Please inspect the property and bid accordingly. The
Auctioneer represents the Seller in this transaction.
The firms of Leland Little Auction & Estate Sales, Ltd. of Hillsborough,
NC (NCFL #7452) & Iron Horse Auction Company, Inc. of Rockingham, NC (NCAL
#3936) are handling the personal property auction as a joint venture.
Terms: No Reserves. All sales subject to the terms & conditions of sale.
Cash, check, Visa, MC. 15% buyer's premium. 20% buyer's premium for
Internet bidders via www.ProxiBid.com.( href="http://www.proxibid.com/ironhorse">http://www.proxibid.com/ironhorse)
7.75% NC tax.
The firms of Leland Little Auction & Estate Sales, Ltd. of Hillsborough,
NC (NCFL #7452) & Iron Horse Auction Company, Inc. of Rockingham, NC (NCAL
#3936) are handling the auction as a joint venture.
Iron Horse Auction Company, Inc.
PO Box 1267
Rockingham, NC 28380
800.997.2248
http://www.ironhorseauction.com/
Leland Little Auction & Estate Sales, Ltd.
620 Cornerstone Court
Hillsborough,NC 27278
919.644.1243
www.LLAUCTIONS.com
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