Accused swindler's auto collection on the block - Salt Lake Tribune
Utah will be the nation's showplace for the riches of excess next week when a monstrous collection of antique and luxury autos, muscle cars, motorcycles and even a tricked-out golf cart go on the auction block. On sale will be most of the $6 million collection amassed by accused swindler Jeffrey L. Mowen, of Lindon --perhaps the most diverse collection of vehicles ever auctioned at one time by the U. S. Marshals Service. "That's not to say we haven't taken larger collections of vehicles, like maybe when we take over a car dealership, but this is by far the largest variety of vehicles. According to court documents, Mowen used about $6 million in investor money to purchase 200 high-end antique, classic and muscle vehicles, including cars, trucks, trailers, motorcycles and three-wheelers. Federal prosecutors say Mowen used the vehicles as symbols of his investing success before his alleged Ponzi scheme collapsed, which allegedly stripped investors of at least $10 million. The FBI and Marshals Service confiscated the vehicles after Mowen's indictment. Source: www.sltrib.com
