“Today’s sale marks another important step forward for the government and arrives at the heels of the second Madoff auction scheduled for November 13, 2010 in New York City,” said Joseph R. Guccione, U.S. Marshal for Southern District of New York.
The U.S. Marshals Service administers the Department of Justice's Asset Forfeiture Program by managing and disposing of properties seized and forfeited by federal law enforcement agencies and U.S. Attorneys nationwide. The program has become a key part of the federal government's efforts to combat major criminal activities. The Marshals Service currently manages approximately 18,000 assets with a value of more than $2 billion.
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