Sale of Judah personal property under $50,000 approved - KCBD NewsChannel 11 Lubbock

5/17/09

Sale of Judah personal property under $50,000 approved

By James Clark | email

LUBBOCK, TX (KCBD) - An update on the Benny Judah case; Judah is accused by federal regulators of selling fraudulent securities, mostly to Lubbock area residents.   Up to $40 million could be lost.

A few days ago a federal court receiver got permission to sell Judah's personal property.   The items in question must be valued at $50,000 or less.   The receiver will eventually sell Judah's businesses and his items which are valued at more than $50,000.

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