4 Ferrari and Porsche supercars were seized by the IRS from a convicted fraudster and now they're going up for auction
Tucker was a former professional race car driver and American Le Mans Series champion, according to NBC News.
4 Ferrari and Porsche supercars were seized by the IRS from a convicted fraudster and now they're going up for auction
4 Ferrari and Porsche supercars were seized by the IRS from a convicted fraudster and now they're going up for auction
Source: The Kansas City Star
"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.
"We hope this auction generates proceeds sufficient to at least partially compensate the victims of Tucker's multibillion-dollar fraud scheme," Berman continued.
This auction, along with money the Federal Trade Commission has recovered, will be combined and given to victims.
More than $500 million has been returned to victims so far, according to the US Attorney for the Southern District of New York.
The four vehicles were seized by the IRS-Criminal Investigation and were only a few of Tucker's possessions taken by the IRS-CI for the case.
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."
Source: CWSAMS
It also calls the vehicle one of the “rarest of modern-day Ferraris.”
The Ferrari is equipped with a V12 engine and the auction comes with many original parts, including seat and steering wheel covers, factory radio, and a leather cover for the roof.
The 2005 Porsche Carrera GT has 3,418 miles.
The 605-horsepower vehicle is powered by its 5.7-liter aluminum V10 engine.
It has a six-speed manual transmission.
The vehicle will come with much of its original equipment.
Red detailing lines its interior.
The 2011 Porsche 911 GT2 RS is the 250th build of 500 created in total.
It has 150 miles on it.
The car is powered by a turbocharged 3.6-liter flat-six engine.
Which is good for 620 horsepower.
The interior has red accents and stitching.
The 2011 Ferrari 599xx is one of only 31 made.
There are a few scratches in the front of the vehicle.
At Ferrari's Fiorano Circuit test track, the model only took one minute and 16 seconds to loop around the nearly 2-mile road.
Source: Fastest Laps.
The vehicle has 700 horsepower.
It will take place on February 5.
Those interested in participating in the auction need to put down a $25,000 refundable bid deposit.
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