Saturday 3 December 2016

Golden Eye diamond sold in auction

Published 09/09/2011 | 04:16

A huge yellow diamond known as the Golden Eye and seized in an Ohio money laundering investigation has been auctioned (AP)
A huge yellow diamond known as the Golden Eye and seized in an Ohio money laundering investigation has been auctioned (AP)

A huge yellow diamond known as the Golden Eye and seized in an Ohio money laundering investigation has been auctioned off for 2.8 million US dollars.

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The winning bidder was not immediately disclosed.

The US Marshals Service said the winning bid must be checked out.

The 43.51-carat diamond belonged to a north eastern Ohio businessman who was convicted of money laundering and conspiracy.

Prosecutors say he tried to sell the rock and an estate once owned by boxer Mike Tyson to an undercover FBI agent for 19.5 million US dollars and a boat.

The diamond was forfeited to the government.

The online bidding began on Tuesday and there were just four bids until yesterday. Most of the 16 bids came in the final minutes and during a 15-minute overtime period.

AP

Press Association

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