1995 Rolls Royce Silver Spur IIIEver wanted to own a luxury car that's usually reserved for royalty and foreign dignitaries? Now you can get the chance at a beautiful 1995 Rolls Royce Silver Spur III now currently available for online auction courtesy of the U.S. Marshals. This handcrafted luxury vehicle comes standard with power windows, power windows, power seats, power door locks, power brakes, cruise control, air conditioning, leather seating, hardtop roof, AM/FM radio, CD changer in the trunk, factory brand stereo, alarm system, premium factory wheels, and just over 31k miles. The vehicle itself is in fantastic aesthetic condition both inside and out, but only requires a new battery in order to be up and running again. The current asking price for this Rolls Royce is just $23,500 with no bids as of yet. The car is currently being held in Las Vegas, and the auction will be ending in just a few short weeks so be sure to activate your 3-day free trial account now.

Thursday, March 19, 2015

SEC Charges NY Based Joseph Stilwell and Stilwell Value LLC "Stilwell Funds"

Joseph Stilwell and Stilwell Value LLC were charged with using $20 million in investor funds to make short-term loans to purchase securities over a period of 7 years.

J. Stilwell is a 53 year old resident of New York, NY and the principal owner of Stilwell Value, LLC. Stilwell owns ~99% of Stilwell Value.

Quick Summary: All loans were repaid, but the Commission believes the loans represented a conflict of interest which compromised the fiduciary responsibility of the advisers. At the very least, investors should have been informed about the loans which were undocumented.

The Penalty: Both J. Stilwell and Stilwell Value were issued a cease and desist order by the SEC and suspended from association with any broker, dealer, or investment adviser. Stilwell is also prohibited from acting as an employee, officer, director, investment adviser or principal underwriter for 12 months and is ordered to pay disgorgement/penalties of over $500,000.

To read the original order click here.

Gerber Pocket KnivesGet ready for summer fishing trips with this assorted lot of 30 Gerber knives. These fine-quality knives are not only perfect for knife enthusiasts, but also for collectors. They’re also ideal for buyers who want to flip the knives individually for a profit. These knives come in an assortment of various sizes, colors, types, models, and conditions. They also include both fine and serrated blades. The knives all appear to be in great shape but an inspection of this auction is still strongly encouraged prior to bidding. The current asking price for this bulk auction is just $137 with 3 online bids already placed and just 2 days, 20 hours, and 36 minutes remaining. To find out more about this deal, simplyactivating your free trial now.