WASHINGTON – The U.S. Marshals Service is selling more than 300 lots of fine jewelry, watches, diamonds, coins and bullion from federal crime cases nationwide.
The public is invited to view the items online. Bidding closes on Dec. 16.
For more information at www.txauction.com.
Some of the cases with assets being sold are as follows:
- Jerome Rabinowitz of Great Neck, New York, defrauded the Department of Defense by selling nonconforming parts for the Navy Nuclear Reactors Program, military aircraft and weapons systems for submarines: Cartier 5-carat diamond ring with platinum and gold band, worth approximately $90,000
- Robert Feldman of Beach Haven, New Jersey, was part of a complex Ponzi scheme that defrauded investors of more than $275 million: a platinum and diamond bracelet, worth approximately $90,000
- David Nicoll, of Mountain Lakes, New Jersey, defrauded Medicare and health insurance companies of more than $100 million by billing for unnecessary blood tests: seven loose diamonds worth approximately $40,000-$100,000 each. (Proceeds will be returned to Medicare and insurance companies that were victims of the scheme.
- Alex Goldman, owner of House of Oxford, a cigar distribution company, evaded state excise taxes in the course of tobacco sales in a scheme involving 22 others
The U.S. Marshals Service consolidates pieces from cases nationwide and holds a large auction several times a year. Proceeds generated from the auctions are used to compensate victims of crime