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SALT LAKE CITY (AP) -- Federal prosecutors have called off an auction of a Utah fraud suspect's car collection.
A defense lawyer says the government forgot to share appraisals for nearly 200 cars and motorcycles seized from Jeffrey Mowen.
Mowen is in the Davis County jail charged with running a Ponzi scheme.
The auctions -- set to start Thursday at a North Salt Lake warehouse -- have been indefinitely postponed.
Defense attorney Stephen McCaughey says Mowen wants to study the government appraisals to make sure his vehicles are sold for at least two-thirds of their value. Those appraisals weren't made available until late Tuesday.
Mowen has the right to order his own appraisals if he doesn't think the government is pricing his vehicles correctly.
The money will go to Mowen's investors.
CLICK HERE to see pictures of the vehicles.
(Copyright 2010 by The Associated Press. All Rights Reserved.)
