CBS 11 Header TXA 21 Header MeTV Header KRLD Header The Fan Header

Local

Chandelier Owned By Stanford Up For Auction

View Comments

Get Breaking News First

Receive News, Politics, and Entertainment Headlines Each Morning.
Sign Up

From Our CBS Music Web Sites

kluvs super 70s weekend voting 1979 dl Chandelier Owned By Stanford Up For AuctionPick The Best Song From 1979

115245513 8 Chandelier Owned By Stanford Up For AuctionCrush Of The Day: Mila Kunis

80219448 Chandelier Owned By Stanford Up For AuctionViral Video: Hilarious Southwest Safety Announcement

155742164 Chandelier Owned By Stanford Up For AuctionPick Your Favorite Victoria Secret Model

Featured Items

Fantasy_tileHottest Olympians

pet_tileYour Pet Photos

weather_tileSend Us Your Weather Photos

(credit: Heritage Auctions)

(credit: Heritage Auctions)

DALLAS (AP) - A chandelier by glass artist Dale Chihuly that once belonged to former Texas tycoon R. Allen Stanford is to be sold at auction to raise money to help compensate victims of his Ponzi scheme.

The 7-foot tall, 6-foot wide chandelier of cascading blue glass will be sold Wednesday by Dallas-based Heritage Auctions. It’s estimated to fetch more than $60,000.

Stanford was convicted last year on 13 fraud-related counts and sentenced to 110 years in prison.

The chandelier is being offered through the federal court-appointed receivership overseeing the sale of assets previously owned by Stanford. The receivership also is auctioning a 42-foot-long sculpture by Terence Main called “Terrestrial Tale.” It’s expected to sell for more than $20,000.

Stanford’s assets have been sold at several auctions over the last few years.

(© Copyright 2013 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

Also Check Out:

MOST VIEWED GALLERIES

View Comments