The home of former Anderson County Councilman Ronnie Gene Wilson will be open to the public Sunday, as officials attempt to recoup money lost by investors in Wilson’s Ponzi scheme.
In November of last year, Wilson was been sentenced to nearly 20 years in prison on mail fraud charges connected to the multi-million dollar Ponzi scheme investigators say he ran for years.
Earlier this year, Wilson entered a guilty plea to two counts of mail fraud filed against him in connection with the Ponzi scheme.
Investigators said Wilson bilked his silver investors about of $60 million in fradulent investments.
Wilson told investors he'd purchased silver holdings for them and that those purchases were being stored in a depository in Delaware.
When contacted by investigators, officials at the depository said they had no holdings for either Wilson or his business, Atlantic Bullion & Coin.
The Ponzi scheme defrauded over 800 investors in 25 states, prosecutors said.
Now, officials are preparing to put Wilson’s belongings on the auction block.
The Anderson Independent Mail reports that an Open House will be held at Wilson’s home in Easley in advance on an online auction.
The Open House will be held from 2pm – 4pm Sunday at the residence, located at 1308 Circle Road in Easley.
The Independent Mail reports that Poinsett Auctions is handling the online auction, which begins Sunday afternoon and will conclude at 9pm March 17.
Poinsett Auctions has a list of items available for purchase can be found on their web site.
Items include furniture, artwork, antiques and electronics.
Last year, Beattie Ashmore was appointed receiver in the case.
A web site, http://www.receiverwilsonabc.com, has been set up that includes other of Wilson’s assets that are up for sale, including a 13-year-old Irish Sport Horse, a 2011 Polaris Ranger XP and a one-horse wagon.
Wilson’s home is also up for sale, priced at $750,000. The listing can be viewed here.