On­line auc­tion site tar­gets down-and-out su­per rich

Weekend Argus (Saturday Edition) - - AUCTIONS -

NEW YORK: Mil­lion­aires down on their luck now have a new plat­form for sell­ing their me g a-yachts, su­per cars and jew­ellery without hav­ing to re­sort to mere pawn shops.

An in­ter­net auc­tion site de­voted to mil­lion­aires,

was re­cently launched and is likely to profit from the worst re­ces­sion in decades, which has ex­tended its reach to the rich and shame­less in the US. – Reuters

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