Washington, D.C. – The U.S. Marshals are holding an online auction for two valuable pieces of art, Heinz Schulz-Neudamm's rare "Metropolis" 1927 film poster and Andy Warhol's piece entitled "Round Jackie, 1964," with starting prices of $367,000 and $510,000 respectively.
The auction is being held by U.S. Marshals auction vendor Gaston & Sheehan on the web at www.txauction.com. Registration and bidding are currently underway, with the auction ending February 18.
The "Metropolis" poster is from a settlement agreement in a federal civil forfeiture case against assets acquired by Riza Aziz, who is alleged to have participated in laundering billions of dollars pilfered from 1Malaysia Development Berhad, an investment fund intended to benefit the Malaysian people. The Warhol piece is also from a federal civil forfeiture action associated with the 1MDB embezzlement.
The auction website includes provenance information, condition reports and detailed photos of the pieces.
To register and for more information/additional photos:
Federal criminal case information:
The Department of Justice Asset Forfeiture Program is a key component of the federal government's law enforcement efforts to combat major criminal activity by disrupting and dismantling illegal enterprises, depriving criminals of the proceeds of illegal activity, deterring crime and restoring property to victims. The U.S. Marshals Service plays a critical role in identifying and evaluating assets that represent the proceeds of crime as well as efficiently managing and selling assets seized and forfeited by Department of Justice.