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Assets Of Former Caribbean Bank Owner On The Auction Block
- Assets worth nearly $70 million of a former Caribbean banker accused of ripping off more than 375 investors, hit the auction block Wednesday.

The cars, art, jewels and wine fine of the missing 58-year-old William Wise of the Caribbean-based Millennium Bank have been ordered auctioned in a move to recoup some money to repay investors.
The Rockingham-based Iron Horse Auction Co. of North Carolina is conducting the auction under a federal court order.

The Securities and Exchange Commission alleges that Wise used the St Vincent and the Grenadines-based bank as a front for a Ponzi scheme in which he stole nearly $70 million from over 300 investors from July 2004.

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