Snyder Woman Buys Nelson's Mountain House - KCBD NewsChannel 11 Lubbock

6/9/06

Snyder Woman Buys Nelson's Mountain House

The man who stole $77 millon in an embezzlment scheme is losing everything he once owned right before his eyes. 

Jody Nelson had a house in the mountains of Ruidoso, New Mexico.  A document filed in federal court Friday showed the judge approved the sale for $177,201. The buyer is Carolyn Barbee of Snyder. She bought the house at its appraised value.

Attorneys who are handling Nelson's property tell NewsChannel 11 they plan to hold a real estate auction sometime in August.  In that auction will be a house and land in Snyder, the house on 14th Street in the Rush area in Lubbock, and a house at Lake Travis for sale.

Complete List of Nelson Auction Items
Click here to take a look at themore than 1,100 itemsto go on sale July 15th!

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