Sports Memorabilia Seized From Money Laundering Convict To Go Up For Auction

CBS New York

HACKENSACK, N.J. (CBSNewYork) — You have a chance to score some rare sports memorabilia – including items from Yankees legends such as Babe Ruth, Lou Gehrig and Mickey Mantle.

As CBS 2’s Hazel Sanchez reported Thursday night, the items up for auction include a baseball signed by Joe DiMaggio, a bat with the signatures of the 1961 World Series champion Yankees, and a grand slam of other items once owned by a man convicted of money laundering.

“We have to get rid of this stuff,” said Bergen County, N.J. Prosecutor John Molinelli. “I mean, it’s clogging up my evidence lockers.”

Molinelli said his office has been storing the massive connection since 2007, when authorities busted Paterson, N.J. drugstore owner William Stracher.

Prosecutors said Stracher bought sports memorabilia with money he made selling drug samples he obtained from pharmaceutical salesman Luther Manning. Stracher then put the items up for auction.


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