R. Allen Stanford's property auctioned off
HOUSTON (KTRK) -- Thousands of items that once belonged to billionaire R. Allen Stanford are now decorating the homes of Houstonians.
The third and final court-appointed auction of Stanford's estate was held in northeast Houston Saturday morning. Buyers browsed through tables full of guns, jewelry and antiques.
Most of the items came from Stanford's home in Saint Croix. One man came to buy office furniture for his new business.
"Some file cabinets, whatever I can get a good deal on; a great buy," said Marvin Bennett.
Money from the auction will go to the victims of Stanford's Ponzi scheme. Stanford is serving a 110-year prison sentence for defrauding investors of seven billion dollars.
- Shots fired during armored car robbery
- Neighbors upset over gun range near homes
- Sketch released in murder of women found dumped 32 min ago
- Murder suspect vomits during graphic testimony
- Suspect arrested wearing Cookie Monster onesie
- Ex-teacher accused of sex with student
- Police: Drunk man demanded bed to sleep 24 min ago
- Woman found living with dead spouse for month 21 min ago
- No outings for Clear Lake drowning mom
- Two sent to hospital after gas leak at HISD middle school
- 'We are burying a body,' suspects tell police
- Suspect in violent House of Pies robbery charged
- Sandy Hook shooter's dad wishes son was never born
- Photos: South by Southwest in Austin 40 min ago
- Sunday's mutton bustin' at RodeoHouston
43 min ago