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Wednesday, March 02, 2011

Luxury Vehicles Auctioned In Criminal Case Net Nearly $1.1 Million

U.S. plans to use proceeds to repay Brown's fraud victims

Crouching to examine the contours of a gleaming Ferrari 360 Spider convertible Monday afternoon, 21-year-old Daniel Giron couldn't help but imagine himself as owner of the luxury car, seized by the U.S. government from Byron Keith Brown, a Maryland man convicted last year of wire fraud and money laundering.

After admiring the car at a vehicle auction site in Elkridge, Giron whipped out his phone, leaned in close to the cherry-red exterior and snapped a couple of pictures of his face next to the Ferrari logo.

"It's not common to see on the street," Giron said, when asked what attracted him to this particular make and model. "These are faster, I think."
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