Former Central Texas Billionaire’s Property Auctioned

Saturday, Oct, 6, 2012- Buyers gathered in Houston to browse over tables covered with guns, jewelry and antiques during the third and final court-ordered auction of items belonging to the former Central Texas billionaire R. Allen Stanford. Previous auctions recouped about $267,000 of the estimated 7 billion dollars he embezzled from his investors. A tally is not yet available for the auction that was held on Saturday.

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