Courtesy / Vogt Auction Galleries
This Louis Vuitton travel bag is among the items being auction off to pay restitution to investors the feds say businessman Brian Alfaro defrauded.
A San Antonio auction house is selling off a collection of items seized by court order from convicted felon Brian Alfaro and his wife Kristi.
In November, a federal judge sentenced Alfaro, the owner of Alamo City-based Primera Energy LLC, to ten years in the pen for scheming to defraud investors. Alfaro, 52, was also ordered to pay $9.9 million in restitution.
Proceeds from a February 20 auction run by San Antonio's Vogt Auction Galleries will be returned to victims as part of that order.
Federal authorities say the high-flying businessman's ill-gotten gains helped him purchase luxury vehicles such as a Lamborghini, a Mercedes Benz and a Porsche, along with San Antonio Spurs VIP tickets valued at $100,000.
Those sweet rides and Spurs tickets aren't up for grabs in the auction, but plenty of other goodies are. The spoils range from an 18-karat diamond ring valued at $26,000-$28,000 to art by Picasso, Chagall and Dali to handbags by Dior, Prada and Louis Vuitton. Lots and lots of handbags.
Curiosity seekers — and those with a taste for over-the-top extravagance — can view the entire catalog online.
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