ILNews

Conour online asset auction begins, will run 2 weeks

Dave Stafford
November 5, 2013
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An auction of wine, art, home furnishings and other assets seized from the Carmel home of imprisoned former wrongful-death attorney William Conour begins Tuesday and will continue for two weeks, according to the Texas auction company handling the sale.

Gaston & Sheehan Auctioneers  will conduct the auction through Nov. 19. U.S. Marshals inventoried assets from Conour’s home after he was charged with wire fraud in 2012. Conour was convicted and last month was sentenced to 10 years in prison.

There are 136 lots in the auction, the most valuable appearing to be a collection of nine bottles of 1993 Morey Saint Denis Domaine Jean Philippe Marchand wine; its opening bid listed at $3,115. Various knickknacks are listed with opening bids as low as $25.

Proceeds from the sale will go to a court fund set aside for victim restitution. More than 30 former clients – several of them widows and children of people killed in workplace accidents – lost about $6.7 million in settlement money that the government says Conour stole.

While the auction house said it doesn’t have an estimate of how much the sale of assets might bring, sources familiar with the inventory said the total could be about $200,000. The court fund has other commitments totaling about $500,000.

 

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