Salvador Dali and Peter Max artwork, Cartier jewelry, Waterford crystal, minks, sables, luxury vehicles, a Mariah boat, and home furnishings to be auctioned as part of securities fraud settlement with Indiana Securities Division.
INDIANAPOLIS, IN - May 9, 2011. A year after pleading guilty to securities fraud, Geist resident Dorothy Geisler-Tragardh’s assets will be sold at a public auction. Proceeds from the auction will go to victims of the fraud.
In August, 2010, Geisler-Tragardh pleaded guilty to defrauding investors of $2.5 million. A former executive in Praxis Resource Partners, Geisler-Tragardh allegedly sold investors Class A shares of stock valued at 36 cents for $56 per share, misrepresenting them as Class B shares. At the time Geisler-Tragardh lived just one block from another notorious Geist resident accused of securities fraud, Marcus Shrenker, the indicted money manager who faked his death in a 2009 Florida plane crash.
On Friday evening, May 13 at 6 PM, Indianapolis-based Key Auctioneers will auction the assets of Geisler-Tragardh and others at the Hamilton County Fairgrounds in Noblesville. The auction will include a signed lithograph by Salvador Dali appraised at over $30,000, a signed, limited edition Peter Max valued at $7200, and more than 250 lots of jewelry, including several Cartier pieces, a 2-carat diamond solitaire, and a pair of 2-carat dangling tear drop diamond earrings valued at over $10,000. Also up for auction will be numerous minks and sables, Waterford crystal, a Lexus and other luxury vehicles, a 19-ft Mariah boat, fitness equipment and other household items. The sale will continue Saturday at 9AM with eight truckloads of leather and other high-end overstock furniture, fitness equipment and home décor items. Online bidding will be available for the Friday evening auction.
The public is invited to preview the merchandise in person Friday, May 13 from noon to 6 PM at the Hamilton County Fairgrounds, or online at KeyAuctioneers.com.
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About Key Auctioneers
Key Auctioneers is an Indianapolis-based auctioneer of commercial, industrial, and real estate assets in Indiana, Kentucky, Ohio, Illinois, Michigan, and Missouri. Key Auctioneers provides businesses owners and secured creditors a full range of services to protect, market and auction business and real estate assets.
For more information about Key Auctioneers, contact Tim Boeglin at tboeglin@KeyAuctioneers.comor (812) 327-5352.