3 Upcoming Real Estate Auctions With A Backstory

3 Wellington, Florida properties to be offered at a US Treasury Dept. Public Auction on Wed. Sept. 25 at 11 AM

2 Homes in the Palm Beach Point Community
15231 Sunnyland Lane – Gated Equestrian Estate on 5.92 Acres
Take a virtual tour.

15159 Sunnyland Lane – Estate Home on 10 Acres 
Take a virtual tour.

Horse Ranch (Land with Single Family Home)15680 & 15740 46th Lane S.- 2 parcels combined into 8.58 Aces Barns, Equestrian areas, onsite office space, Home, Garage w/ Apt.Stalls, Tack room etc. 
Take an aerial tour.

INSPECT ALL: By appt. only on 9/17 & 9/24. Email mwheelus@cwsams.com to schedule.
No Buyer’s Premiums Charged!
Auction Location: 15159 Sunnyland Lane, Wellington FL 33414
Details & terms at www.treas.gov/auctions/treasury/rp
703-273-7373 or 703-915-2388


The Backstory

T

he former head of Venezuela’s treasury, Alejandro Andrade, recently plead guilty to taking $1 billion in bribes and has been sentenced to 10 years in prison for money laundering.

His sentencing came as Venezuela is in a crushing crisis, which has led to three million Venezuelans fleeing the country. The New York Times said, “The opulent lifestyle of the Andrade family was as spectacular as the economic collapse of the country they left behind. The family lived in a mansion in Florida surrounded by show horses, as neighbors peeked over the property line in awe. The family patriarch, Alejandro Andrade, had been a bodyguard of President Hugo Chávez before rising to powerful positions in his government.”

U.S Federal agents have seized real estate properties, fine watches, 10 cars including a Bentley, three Mercedes-Benz, and a Porsche, three jets, as well as horses that sold for over $2 million in an earlier auction.

The Florida properties are being auctioned by the U.S. Department of the Treasury in conjunction with Homeland Security Investigations.