A man named Ryan Sheridan managed to collect tens of millions of dollars in a Medicaid scam, and, of course, spent the money in the flashiest way possible.
Sheridan nabbed a few several vehicles, including three replicas of iconic movie cars from “Ghostbusters,” “Batman,” and “Back to the Future.”
Now that Sheridan has been convicted of several crimes and sentenced to 7.5 years in prison, the US Marshals Service is selling off his assets.
On Saturday, Sheridan’s replicas of the Batmobile, the Ghostbusters’ Ecto-1, and Doc Brown’s time-traveling DeLorean will cross the auction block through Skipco Auto Auctions.
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Government agencies hold auctions all the time, whether it’s to get rid of surplus or sell seized property. But it’s not every day that the Feds are looking to sell a handful of iconic 1980s movie-car replicas.
On Saturday, through Skipco Auto Auctions, the US Marshals Service will auction off replicas of the Batmobile from 1989’s “Batman,” the Ecto-1 from 1984’s “Ghostbusters,” and the time-traveling DeLorean DMC-12 from 1985’s “Back to the Future.” All the cars come from the collection of Ryan Sheridan, who was sentenced to more than seven years in prison earlier this year in a multimillion-dollar Medicaid scam.
While operating an addiction treatment center, Sheridan defrauded Medicaid out of millions of dollars, according to the US Marshals. Sheridan was ordered to pay more than $24 million out in restitution, and to forfeit property like his cars to the government.
“These three flashy cars are an example of the ill-gotten gains obtained with the tens of millions of dollars that Ryan Sheridan stole from Medicaid, and therefore American taxpayers,” US Marshal Pete Elliott of the Northern District of Ohio said in a statement. “The US Marshals routinely sell vehicles, real estate and …read more
Source:: Business Insider