Ronnie Wilson's farm auction raises $200K for victims - FOX Carolina 21

Ronnie Wilson's farm auction raises $200K for victims

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Many people turned out to bid on Ronnie Wilson's belongings at Live Oak Farms on Saturday. (Apr. 27, 2013/FOX Carolina) Many people turned out to bid on Ronnie Wilson's belongings at Live Oak Farms on Saturday. (Apr. 27, 2013/FOX Carolina)
GREENVILLE, SC (FOX Carolina) -

Hundreds of items belonging to former Anderson County councilman and accused mastermind of a multi-million dollar Ponzi scheme were sold at auction Saturday.

Everything from slave shackles to an old jail cell went to the highest bidder during an auction at Ronnie Wilson's Live Oak Farms in Woodruff.

Crowds showed up Saturday morning to bid on the merchandise. 

Beattie Ashmore, the attorney in charge of liquidating the assets and getting money back in the hands of the victims, said the auction brought in $200,000.

The farm, like Wilson's private residence, will be sold separately.

Investigators said that Atlantic Bullion and Coin, a company run by Wilson, duped more than 900 investors across 25 states into thinking they were buying silver and making big profits. They said Wilson never bought any precious metals and was paying investors' lofty dividends with other investors' money.

Wilson, 65, pleaded guilty in July 2012 to two counts of mail fraud as part of a plea deal. He is serving a 17-year sentence at a federal prison in Florida.

Ashmore said the government is also trying to trace any other of Wilson's assets to return money to the investors.

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