Man Accused of $500,000 Fraud Raises Eyebrows with Online Auction

Man Accused of $500,000 Fraud Raises Eyebrows with Online Auction September 18, 2018

A man accused of stealing more than $500,000 from dozens of victims is auctioning off all of his assets. Richard Wooton, the owner of Crossroads Remodeling of Albertville, MN, is accused of failing to complete remodeling projects of more than 40 families. Several families paid the contractor in full to receive deep discounts on their projects. As pressure mounts on Wooton, he is attempting to liquidate his business assets via an online auction.

Auction Masters an online auction site is hosting an online auction at his address. Wooton is attempting to unload his high priced inventory. There are 237 separate items for sale. The auction will end on September 24th. Some of the auction includes are:

John Deere 1025R Tractor

John Deer 332D Skid Steer

21 Foot RC Trailer

2014 Chevy Silverado

2014 21 Foot Tandem Axle Flatbed Trailer

7000 Watt Power Generator

Various Construction Tools

Various Air Compressors

Assorted Household Items

Assorted Building Materials

Tile Saw

Several of the items have reached bids in the thousands of dollars. The tractor and skid steer currently have bids totaling $19,000.

Authorities have yet to seize any of Wooton’s assets. This auction isn’t his first attempt to sell his assets. He’s already used Facebook car auction sites to sell a 2014 Corvette and 2 GMC Pick-ups.

Also, Wooton listed the home he owns with wife Deb Larson on the market earlier this month. The listing was removed from the market within days following community pushback.

We attempted to reach out to the auction site to let them know he may be auctioning off stolen property. However, we have not heard back from the site at this time.

Without a warrant to seize assets, Wooton can sell off any of his assets. The sale could prove problematic to homeowners hoping to recoup some of their losses. For now, there appears little can be done to stop Wooton. Hopefully, authorities can get a judge to agree to seize any remaining assets.

Stay tuned.

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What Are Your Thoughts?leave a comment
  • WallofSleep

    “We attempted to reach out to the auction site to let them know he may be auctioning off stolen property.”

    That was the first question that popped into my mind, but y’all are on point. Good on ya!

    https://thumbs.gfycat.com/RecklessUnfoldedArachnid-size_restricted.gif

  • Thank you very much!

  • Raging Bee

    Hopefully someone can get a warrant or a lawsuit and either seize or freeze the money he gets from the auctions.

  • I know. There are multiple counties investigating him right now. Thus far they have received warrants and are in the process of reviewing all his bank records and video surveillance of ATMs and bank transactions. The largest county in the state took the case – and is tackling it. Federal investigators are also involved for tax evasion and the fact that the dollar amount is 1/2 million

  • Jim Jones

    Reminded me on this:

    Woman hit by unsecured load awarded $15 million (James Hefley – Maria Federici)

    A woman who was left blinded and disfigured when part of an entertainment center flew from a rented U-Haul and crashed through her windshield…

    https://www.seattletimes.com/seattle-news/woman-hit-by-unsecured-load-awarded-15-million-1/

    > The man, who went by Jamie, could not stop fidgeting in the police interview. The videotape showed that Hefley at first denied having a criminal record, but later admitted it when officers brought up specifics. He denied knowing he had a suspended driver’s license. He denied knowing anything about the accident on I-405. He denied owning an entertainment center.

    Even in civil matters, criminals are reckless with other peoples’ lives.

  • Martin Penwald

    I somewhat disagree here. The number of people driving pick-up trucks or towing small flat bed trailers with badly secured loads are unfortunately frequent. I don’t think all of them are criminals.
    A couple of 2cm straps ARE NOT ENOUGH to secure the majority of loads (if fact, from a DOT point of view, these small straps which do not have a Working Load Limit written on it aren’t securement devices).

  • Jim Jones

    He didn’t bother to make much of an effort to secure the load and when he was caught he lied about every aspect of it. He destroyed this woman.

  • This conversation has nothing to do with the article. Thanks.