If you like to go to auctions, we have one for you…
The personal assets of the brothers behind the U.S. Fidelis extended warranty scandal are going to auctioned off. There’s so much stuff that auctioneers are spreading the auction over three days and two weekends. The first lots will be sold on March 26. The rest will be sold on Saturday and Sunday, April 2 and April 3.
The proceeds will go toward paying off creditors. The brothers behind the company are accused of pulling more than $100 million dollars out of the company that collapsed in 2009.
The auction will be held at a former shopping mall in Wentzville.