Luxury Vehicle Auction: U.S. Department of Treasury Seized & Forfeited General Property Program

ALEXANDRIA, Va.-- VSE Corporation, in conjunction with Manheim Corporation, will conduct a Public Auction of seized and forfeited luxury vehicles formerly owned by Byron Keith Brown of Vienna, VA and Ellicott City, MD.

The auction will be conducted on behalf of the U.S. Department of the Treasury at 1 p.m. on Tuesday, March 1, at the Manheim Baltimore-Washington location, 7120 Dorsey Run Road, Elkridge, MD, 21075. The general public may preview the vehicles at this location, Monday, February 28, from 1 p.m. until 4 p.m. Previews are open to the media.

Brown acquired the luxury vehicles being auctioned through his involvement in an online ponzi scheme through which he fraudulently obtained over $17 million from online investors. These vehicles were seized from him as part of an investigation by IRS - Criminal Investigation and the prosecution of the case by the U.S. Attorney's Office. Byron Keith Brown was sentenced on December 21, 2010 to 15 years in prison, followed by three years of supervised release for wire fraud and money laundering.

The auction will include the following vehicles:

 2007 Lamborghini Murcielago    2005 Rolls Royce Phantom

 2004 Mercedes Benz Maybach 57  2006 Aston Martin

 2008 Maserati Gran Turismo     2002 Ferrari 360

 2004 Bentley Continental       2007 Jaguar XKR CPE

 1936 Auburn Speedster          2006 Land Rover

 2006 Mercedes Benz S500        2005 Land Rover Range Rover

 2007 BMW 3 Series              2004 Audi AA8

 2005 BMW 7 Series              2005 Volkswagen Beetle

 2005 GMC Canyon

Proceeds from the auction will be placed in the U.S. Treasury's Asset Forfeiture Fund. The net proceeds derived from the assets sold will be available as restitution to the victims of Byron Keith Brown's crimes.

For a list of items and photographs of the vehicles, and for Auction Terms of Sale, please visit the U.S. Treasury website at www.treas.gov/auctions/treasury/gp. For more information about this auction please call the Auction line at 1-888-534-2828.

About VSE

VSE is a diversified Federal Services company of choice with over 52 years of experience in solving issues of global significance with integrity, agility, and value. VSE is dedicated to making our clients successful by delivering talented people and innovative solutions for logistics, engineering, IT services, construction management and consulting. For additional information on VSE services and products, please see the Company's web site at www.vsecorp.com or contact Randy Hollstein, VSE Corporate Vice President of Sales and Marketing, at (703) 329-3206.

    Source: VSE Corporation

Released February 14, 2011