Updated: Wednesday, 08 Oct 2008, 2:16 AM EDT
Published : Tuesday, 07 Oct 2008, 12:28 PM EDT
GRAND RAPIDS, Mich. (WOOD) -- For the second time creditors will auction off the property of a Grand Rapids man linked to a multi-million dollar scheme involving yachts that didn't exist.
The bidding on items owned by Michael Vorce will be auctioned online on October 28. Items include expensive furniture and high end electronics.
Vorce owes hundreds of thousands of dollars to banks he was accused of defrauding.
On the Net:
Auction site -- http://www.1800lastbid.com/