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Conference wahoo::fishing

Title:Fishing Notes- Archived
Notice:See note 555.1 for a keyword directory of this conference
Moderator:DONMAC::MACINTYRE
Created:Fri Feb 14 1986
Last Modified:Fri Sep 20 1991
Last Successful Update:Fri Jun 06 1997
Number of topics:1660
Total number of notes:20970

883.0. "One man's loss is another's gain" by EBBV02::DOMINICK (Joe Dominick 272-7054) Fri Sep 30 1988 10:41

    
        Does anyone have information on the DEA/Customs/GIA agencies
        auctions for boats and other recreation vehicles that are
        released after being impounded during investigations?
    
        The Danversport Marine and Tackle Shop owner has just been 
        arrested for drug trafficking and distribution. He was caught
        with $220k worth of pure cocaine.
    
        He has three fully-rigged, ~25' Sea Ox boats, all of which were
        impounded. Love to get my hands on one of these dirt cheap....
    
        Not to mention the fully stocked Tackle store located at Danver's
        Pope's Landing.  There surely will be a sale or auction on the
        goods at the store....the only question is when.

        If I read of any auction or sale at the store, I'll let you
        all know of it.
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883.1ZZTOP::TOMASJoeFri Sep 30 1988 11:203
If there's an auction, it might be an inexpensive opportunity to start your 
own tackle business by making an offer for the whole lot!

883.2Watch for the saleNYJMIS::HORWITZBeach BagelFri Sep 30 1988 12:0015
re: .0
    
    Watch "McPaper" (USA Today), they publish the Gov't . Seizure Sales.
    The larger area papers do also (Boston Globe?)
    
    Depending upon where the contraband was located when seized, the
    sale could be as soon as two or three months, or not until after
    the trial. Also, the Fed's may sell the individual items or bundle
    them together.
    
    These sales can produce super savings. In 1974, I bought a 1 year
    old  Olds Toranado for $2300, vs a market price of ~$6500. (Car
    was taken from a drug pusher, and included a remote starter!)
    
    Bagel
883.3USA TODAY AUCTION INFOPEACHS::CRAWFORDHawaii No Ka OiFri Sep 30 1988 16:295
    I believe the USA today lists the auctions in every Wednesday's
    paper.
    
    H_H