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A rare British 1961 pop-top camper van owned by an accused CEO fraudster is going up for auction — see inside

A rare British 1961 pop-top camper van owned by an accused CEO fraudster is going up for auction — see inside
1961 Bedford CA Dormobile Caravan by Martin-Walter.© 2019 Courtesy of RM Sotheby’s
  • A 1961 Bedford CA Dormobile by Martin-Walter from the Elkhart Collection is up for an October auction by RM Sotheby's.
  • The camper, as well as the other vehicles in the collection, were once owned by Najeeb Khan, an accused fraudster and former CEO of payroll processing firm Interlogic Outsourcing Inc.
  • The 1961 Bedford CA is estimated to auction off between $60,000 and $80,000 and is being offered without reserve, according to RM Sotheby's.
  • Visit Business Insider's homepage for more stories.

A 1961 Bedford CA Dormobile Caravan by Martin-Walter once owned by a bankrupt CEO accused of fraud is now up for auction and is estimated to go between $60,000 and $80,000.

The camper — which is a part of a larger "Elkhart Collection" and is offered without reserve — was confiscated from Najeeb Khan, the founder of payroll processing firm Interlogic Outsourcing Inc. who was accused of fraud amounting to over $100 million, The South Bend Tribune reported.

A judge ultimately ordered Khan to sell most of his car collection — valued at around $31 million — to pay back his creditors after Khan resigned from the company and filed for bankruptcy.

The entire Elkhart Collection will be auctioned off by RM Sotheby's between October 23 and October 24 in Elkhart, Indiana. The auction was originally set to take place in early May, but the event was postponed because of the coronavirus pandemic.

Besides the Bedford CA camper, the auction's collection will include over 240 cars, at least 30 motorcycles, and a boat, to name a few possessions.

This isn't the first 1961 Bedford CA Dormobile by Martin-Walter RM Sotheby's has auctioned: another Bedford CA from a different collection sold for $39,200 early March.

Keep scrolling to see the one that will be up for auction in six months:

Read the original article on Business Insider

The pop-top expandable roof allows for more headspace in the camper.

The pop-top expandable roof allows for more headspace in the camper.
1961 Bedford CA Dormobile Caravan by Martin-Walter.      © 2019 Courtesy of RM Sotheby’s

This driver's seat, as well as another set of unfolding seats, allows the Bedford to sleep up to four people.

This driver
1961 Bedford CA Dormobile Caravan by Martin-Walter.      © 2019 Courtesy of RM Sotheby’s

The driver seat can unfold to become a small bed.

The driver seat can unfold to become a small bed.
1961 Bedford CA Dormobile Caravan by Martin-Walter.      © 2019 Courtesy of RM Sotheby’s

Like many modern camper vans, the interior of the 1961 Bedford CA also has storage cabinets and a sink.

Like many modern camper vans, the interior of the 1961 Bedford CA also has storage cabinets and a sink.
1961 Bedford CA Dormobile Caravan by Martin-Walter.      © 2019 Courtesy of RM Sotheby’s

According to RM Sotheby's, the camper vehicle has a portable refrigerator and gas stove. There's also a "camping latrine" and 40-liter wastewater tank.

According to RM Sotheby
1961 Bedford CA Dormobile Caravan by Martin-Walter.      © 2019 Courtesy of RM Sotheby’s

Source: RM Sotheby's

But by 1987, GM divested in the Bedford name, and about four years later, the company brand was officially retired.

But by 1987, GM divested in the Bedford name, and about four years later, the company brand was officially retired.
1961 Bedford CA Dormobile Caravan by Martin-Walter.      © 2019 Courtesy of RM Sotheby’s

During this time, the CA became a popular chassis of choice for camper van conversions, similar to the Mercedes-Benz Sprinter today.

During this time, the CA became a popular chassis of choice for camper van conversions, similar to the Mercedes-Benz Sprinter today.
1961 Bedford CA Dormobile Caravan by Martin-Walter.      © 2019 Courtesy of RM Sotheby’s

In 1952, Bedford created the light-duty CA, and it stayed in production until 1969.

In 1952, Bedford created the light-duty CA, and it stayed in production until 1969.
1961 Bedford CA Dormobile Caravan by Martin-Walter.      © 2019 Courtesy of RM Sotheby’s

According to RM Sotheby's, Bedford Vehicles was founded as a part of Vauxhall Motors and General Motors in 1931.

According to RM Sotheby
1961 Bedford CA Dormobile Caravan by Martin-Walter.      © 2019 Courtesy of RM Sotheby’s

Source: RM Sotheby's

The vehicle has undergone a restoration, which included new radial tires.

The vehicle has undergone a restoration, which included new radial tires.
1961 Bedford CA Dormobile Caravan by Martin-Walter.      © 2019 Courtesy of RM Sotheby’s

RM Sotheby’s describes the car as a “rare British equivalent to the Volkswagen Camper.”

RM Sotheby’s describes the car as a “rare British equivalent to the Volkswagen Camper.”
1961 Bedford CA Dormobile Caravan by Martin-Walter.      © 2019 Courtesy of RM Sotheby’s

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