U.S. Treasury Dept. Public Auction: Seized & Forfeited Luxury Cars, Jewelry & General Property

May 16, 2014, 19:00 ET from U.S. Treasury Department

RIVERSIDE, Calif., May 16, 2014 /PRNewswire-USNewswire/ --1000's of items will be offered at the US Treasury Dept. Seized and Forfeited General Property Public Auction.   Featured in this auction will be sport & luxury vehicles to include vehicles by Lamborghini, Porsche, Ferrari, Bentley and BMW.  Also to be offered: Trucks, ATV's, Construction Equipment,  Designer Handbags, Electronics, Computers, Watches, Jewelry, Fabric, Wearing Apparel and much more!   Catalog available at www.cwsmarketing.com

Buyers will be able to choose from single item lots, as well as lots containing bulk quantities.

Auction Location: 6711 Sycamore Canyon Blvd., Riverside, CA

Preview: Mon. May 19 from 9 a.m.4 p.m. and Tues. May 20 from 9 a.m. until 12 Noon  
(No preview day of sale).

Bidder registration: Mon. May 19 from 9-4 p.m. & Tues. May 20 from 9-12.  Registration on sale day begins at 8 a.m. (No previews day of sale).   Payment will be accepted by Cash, Cashier's Check (payable to: US Treasury Dept/URS Federal Services Inc.), Visa, Master Card, Amex and Discover.  Details, catalog, photos can be found on the website at www.cwsmarketing.com

The Department of the Treasury, URS Federal Services Inc. and CWS Marketing Group manage the custody and disposal of federally seized property in a cost-effective manner.  URS and CWS Marketing Group are responsible for the sale of seized and forfeited general property from the following Agencies: the  U.S. Treasury Department, IRS- Immigration and Customs Enforcement, and the U.S. Secret Service.  All proceeds from the sale of general property are deposited in the U.S. Treasury Asset Forfeiture Fund. These funds help support continued law enforcement efforts and provide restitution to victims of crime.

Approximately 15 General Property auctions will be conducted this year at our major sales centers located in Pompano Beach, FL, Riverside CA, and Dayton, NJ.   Auctions will also be conducted online and in other areas as the need arises.  General  Property sold at Treasury auctions comes from serious offenses such as drug smuggling, money laundering, credit card fraud, child pornography, and more.

Information on upcoming General Property auctions can be found at www.cwsmarketing.com

Inquires should be directed to Sean Fraley of  CWS Marketing by emailing Sfraley@cwsams.com.

SOURCE U.S. Treasury Department