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For Immediate Release |
Contact: |
| November 04, 2011 |
Cindy Bridges, U.S. Marshals Service
(202) 305-9924; Lynzey Donahue, U.S. Marshals Service (202) 307-9075; Bob Sheehan, Gaston & Sheehan Auctioneers (512) 251-2780 |
| Convicted Embezzler Sue Sachdeva's Designer Shoes, Purses, Clothing Being Auctioned | |||
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Washington – Hundreds of items, including designer shoes, purses, and clothing, formerly belonging to convicted embezzler Sujata “Sue” Sachdeva are being sold via an online auction by the U.S. Marshals Service through November. The property, which includes brands such as Armani, Manolo Blahnik, Brooks Brothers, Chanel, Fendi, Gucci, Donna Karan, LAM and Louis Vuitton, was seized and forfeited in connection with the criminal prosecution of Sachdeva, who was convicted of embezzling $34 million from the Milwaukee-based company, Koss Corp. Auctions will run continuously through November, with the current sale of 101 lots ending Nov. 10, at www.txauction.com. Nearly all of the items are new, many with tags. Sachdeva used company funds to pay for personal purchases, which included thousands of personal property items including fine jewelry, watches, upscale clothing and accessories. Sachdeva is currently serving 11 years in a federal prison. U.S. Marshal Kevin Carr of the Eastern District of Wisconsin said, “The Marshals Service is proud to have been able to participate in the seizure and disposition of the many assets involved in this case. The Marshals Service is committed to doing all that it can to provide restitution to the victims of crime and use ill-gotten gains to increase public safety in our communities through the Asset Forfeiture Program.”
A Judith Leiber clutch handbag, Manolo Blahnik shoes and a designer cocktail dress are several of the items up for auction. Proceeds from the auction will be deposited into the U.S. Department of Justice Asset Forfeiture fund to compensate victims of the crime.
For more information on the auction, go to
www.txauction.com Additional information about the U.S. Marshals Service can be found at http://www.usmarshals.gov. ####
America’s Oldest Federal Law Enforcement Agency |