Renoir Painting and Custom Sports Car Seized from Con Man Sold at Auction for $740,000
PROVIDENCE, R.I. – A Renoir painting and a custom designed sports car seized from imprisoned Rhode Island con man Rocco DeSimone, 60, have been sold at auction for $740,000, announced United States Attorney Peter F. Neronha and U.S. Marshal Jamie A. Hainsworth.
DeSimone was convicted by a federal court jury in Providence in March 2011 of seven counts of mail fraud and one count of money laundering.
The Renoir canvas artwork entitled ‘Paysage a Cagnes’ seized from DeSimone sold for $551,000, while a custom built 2006 Ford GT sports car seized from DeSimone sold for $189,000.
The proceeds of the auction will be applied toward court ordered restitution by DeSimone to the victims of his scams, totaling $6,030,145.
‘It is rare that the victims of remorseless, recidivist con-men like the defendant ever receive restitution of any kind,’ said United States Attorney Peter F. Neronha. ‘I am grateful to Marshal Hainsworth and the Marshal Service for their outstanding efforts to this end.’
DeSimone is currently serving a sentence of 192 months in federal prison.
Related Federal Cases
- Rocco DeSimone, Mail Fraud and Money Laundering, Rhode Island 2011 · New Hampshire
- Ambulai R. Sheku, Conspiracy to Commit Mail Fraud, Theft of Government Funds, Computer Fraud, Rhode Island 2017 · Washington
- Dquintz Alexander, Wire Fraud Conspiracy, Rhode Island 2023 · New Hampshire
- Charles F. Denno, Wire Fraud, Rhode Island 2017 · Rhode Island
- Louis Marandola, Bank Fraud and Aggravated Identity Theft, Rhode Island 2017 · Rhode Island
Key Facts
- State: Rhode Island
- Category: White Collar Crime
- Source: DOJ Press Release â†â€â€
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