Complete List of Nelson Assets Up for Bid Now Available - KCBD NewsChannel 11 Lubbock

6/5/06

Complete List of Nelson Assets Up for Bid Now Available

Pictures and video of the items up for bid in the Jonathan Nelson auction are now available.

Nelson is the man who stole $77 million from his former employer Patterson UTI. Ritchie Brothers Auctioneers sent video of some of the items to NewsChannel 11. It shows some of the auction items including planes, motorcycles, farm equipment and sports memorabilia. There are more than 1,100 items on sale.  For a complete list of the items, click here.

The auction is July 15th at 8 a.m. in Lubbock at Town and Country Airport. That's located at 12201 County Road 2500. You can bid in person or online but you must register in advance to bid online. A week prior to the auction, interested buyers can go online to look up the items and ask questions about them by clicking here.

4/27/06
Nelson Pleads Guilty to Stealing $77 Million/Says He's Sorry
Nelson pleaded guilty to stealing $77 millionfrom his former employer Patterson UTI. He admitted to wire fraud and money laundering. NewsChannel 11's Cecelia Coy gets a hold of documents that explain how Nelson did it.