Former Patterson-UTI Energy CFO's Assets Up for Sale
We've posted regularly on the $77 million embezzlement perpetrated at Patterson UTI Energy, Inc., to which former CFO Jody Nelson pled guilty in April 2006 (see post here). The White Collar Crime Prof Blog reported last week that an effort is now underway to recover at least some of the losses caused by Nelson's fraud by auctioning off virtually everything he owned ranging from a Dirt Devil vacuum cleaner (stuffed with dollar bills???) to an autographed 2004 Boston Red Sox jersey.
See further details here.