Tuesday, May 3, 2011

Another Hecker Auction

The Feds will continue to lighten Denny Hecker's load by holding another auction of his personal things.

A Federal Bankruptcy judge is looking to raise more funds to pay the bill as a result of fraud charges from his failed auto empire. 

The auction will feature Rolex watches, a fur coat, fancy luggage and other luxuries.  Previous auctions have raised $785 thousand, a drop in the bucket compared to what he owes.

The 58-year-old Hecker is serving 10 years in a federal prison in Duluth for bankruptcy fraud and wire fraud.

At one time Hecker was the largest auto dealer in Minnesota, including two in Baxter.

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