Ferrari, Porsche cars seized from convicted fraudster to be auctioned - Business Insider

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4 Ferrari and Porsche supercars were seized by the IRS from a convicted fraudster and now they're going up for auction

CWS Asset Management and Sales"The Ferrari and Porsche supercars offered for sale are just the most visible and gaudy signs of Tucker's greed, luxury playthings bought with money stolen from victims who were often living hand to mouth, people who took out payday loans to buy food for their families or pay medical bills," US Attorney Geoffrey S. Berman said in a statement.

Four cars will be auctioned off: a 2011 Ferrari 599 SA Aperta, a 2011 Porsche 911 GT2 RS, a 2005 Porsche Carrera GT, and a 2011 Ferrari 599xx.The 2011 Ferrari 599 SA Aperta up for auction is only one of 80 units built.It has 229 miles clocked on the odometer, which auction hosts CWS Asset Management and Sales claims is "one of the lowest miles to come to market."It also calls the vehicle one of the “rarest of modern-day Ferraris.

At Ferrari's Fiorano Circuit test track, the model only took one minute and 16 seconds to loop around the nearly 2-mile road.2011 Ferrari 599xx.The collection could auction off for over $2 million, The Drive reported.2011 Ferrari 599 SA Aperta.Those interested in participating in the auction need to put down a $25,000 refundable bid deposit.

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With how rare these cars are, they'll raise quite a lot of money for sure, which will be good for the victims.

Make the guy detail the cars for the new owners. Under watch. Of course. .

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