Auction to help pay for insurance fraudSubmitted: 09/04/2013
Story By Associated Press

WAUSAU - Fur coats, Rolex watches and diamonds went up for auction to help recover money from a massive insurance fraud based in Wausau.

Federal agents seized the property from the homes and storage units belonging to Timothy Mathwich and David Schofield.

The men and Susan Brockman, of Hayward, were executives at Manson Insurance.

They were accused of forging millions of dollars in insurance premium financing notes.

A federal judge has ordered the three to pay more than 6-million dollars in restitution.

A diamond ring netted $40,000 dollars at this week's auction at a hotel in Wittenberg.

The auction raised more than $100,000.

(Copyright 2013 Associated Press - All Rights Reserved)

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