GovernmentAuctions

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 GovernmentAuctions.org. 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.

Friday, June 5, 2015

Fry's Electronics' Bank Fails FDIC Inspection & SEC Freezes $2M In Assets



The June 2015 List of Banks Examined for CRA Compliance was published. As usual, most banks passed, however, there were two that received a "needs to improve" including: Sewickley Savings Bank or Sewickley, PA, and First State Bank of Socorro, NM. Only one bank, First Electronic Bank of Sandy, UT, received a non-compliance rating. First Electronic Bank is a wholly owned subsidiary of Fry's Electronics. This is the first time I've seen this low rating given out. 

The SEC froze $2 million in assets of two brokerage accounts connected to trading schemes. The schemes were set up to manipulate Avon and other stocks.  
Only three weeks after the manipulation of Avon stock occurred, this emergency court order keeps not only the alleged illicit profits from being transferred offshore, but preserves the SEC’s ability to recover substantial penalties. -Andrew Ceresney, Director of the SEC Enforcement Division
Strategic Capital Partners Muster Ltd., Strategic Wealth Investments Inc., and PTG Capital Partners LTD were also charged. According to the announcement, the stock schemes: 
followed similar patterns where the accounts had substantial holdings in a company that had been losing value and the companies’ stock values substantially increased after a false filing or press release originating from Bulgaria.
Evidently, the firms hid behind proxy serves, false filings and phony foreign entities to hide their tracks, a strategy which clearly didn't work.









GovernmentAuctions

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.