Fine Jewelry, Watches, Diamonds, Coins and Bullion from Federal Crime Cases
Nationwide to be Sold via Live and Web Simulcast Auction
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 in a live and Web simulcast auction Friday at 10:00am CST at the San Antonio Convention Center (200 East Market Street, Room 217, San Antonio, TX 78205) and online at www.txauction.com.
A public preview will be held Thursday from 1 to 5 p.m. CST. Registration and pre-bidding are open now.
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: lot 299, 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: lot 140, 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: lots 133-139, 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: lots 5-6, 16, 20, 81, 82, 115, 116, 124-132, 165 and 183-185, jewelry and watches.
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 crimes and supplement law enforcement programs.