Crime & Safety

Wasendorf Property On Auction Block Wednesday; Here's the List of What's for Sale

Thousands of bottles of wine, a 1957 Ford Thunderbird, home furnishings and restaurant equipment from myVerona are among the items to be auctioned on Wednesday.


Over 3000 bottles of wine, several cars, office furnishings, computers, restaurant equipment, photography equipment and the personal home furnishings of Russell Wasendorf Sr. are just a few of the items that will go to the auction block Wednesday.

Wasendorf, the founder of the now defunct Peregrine Financial Group, also known as PFG, is awaiting trial on charges he embezzled over $200 million using falsified bank records.

PFG's state-of-the-art Cedar Falls headquarters and Wasendorf's popular myVerona restaurant now stand empty, and after tomorrow, they will be even more so, as virtually everything inside, along with everything inside Wasendorf's home and other properties, goes up for sale in an attempt to recoup some of PFG's creditor's losses.

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The auction is being hosted by Great American Group. Inspection of the items is available today, Dec. 4, until 4 p.m. Inspection locations are myVerona, 419 Main St., the PFG corporate offices, One Peregrine Way, and a warehouse, 5729 Westminster Drive.

The bidding location on Wed., Dec. 5, will be the corporate offices. Live bidding will begin at 10 a.m. at the office and will also be available online. The webcast auction and more information about the sale, as well as photos of many of the items for sale, are available at the auction website.

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Those hoping to participate in the auction must come with a $500 deposit.

Here are some of the items to be sold, as listed on the auction website:

Miscellaneous Jewelry and Watches

Pateck Phillipe Watch, Emporio Armani Watch, Skagen Watch, Frederique Constant Watch, Calibri Pocket Watch, Miscellaneous Cufflinks and Gold Coin Collection.

Corporate Offices

100’s of Work Stations, 100’s of Executive Chairs, Executive Offices, Complete State of the Art Gym, Complete Employee Restaurant,Complete Daycare Facility Plus Sofas, Love Seats, Conference Rooms

My Verona Restaurant

Dining and Bar Tables and Seating, Refrigerators, Freezers, glassware, Ice Machines, Ice Cream Machines, Mixers, Wine Coolers, TV’s and So Much More

Wine Collection

To Include Over 2000 Bottles of Wine from My Verona Restaurant and Over 1200 Bottles from Mr. Wasendorf’s Private Collection

Warehouse Location

Includes Pallet Racking, Forklifts,  Large Inventory of Restaurant Equipment Including: 80 Qt. Mixers, Coolers, Deli Cases, Fryers And Much More

Personal Home and Corporate Home

Home Furnishings, Woodworking Equipment, Memorabilia, Photography Equipment, Golf Equipment and Much More

Vehicles

1957 Ford Thunderbird, Nissan Frontier Pick up, GMC Arcadia, Jeep Wrangler, GMC Denali Truck, Toyota Highlander

Can Am ATV’s
Artic Cat Snowmobiles
2008 Case Backhoe, 580 super M
John Deere Gator Utility Vehicles
Canoe’s
Lawn Maintenance Equipment
Trailers
Pressure Washers
And So Much More!

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