Full Thread: Edgar Steele
View Single Post
Old April 4th, 2012 #2525
Donald E. Pauly
Join Date: Dec 2003
Location: Las Vegas
Posts: 4,130
Angry Silver Seized in Search Warrant

From the transcript 3-661-1 at http://stopnetspend.com/steele/day3.pdf , $123,850 worth of silver was returned by the FBI on 16 June, 2010. Spot closed that day at $18.50. $25,300 was retained for evidence until it was returned the following February. This works out to 6694 ounces plus about 1367 ounces kept by the FBI for evidence. This is 8062 ounces total. Steel sold off about 3,000 troy in addition in May about the time that he was supposedly talking with Fairfax about the hit on his wife. According to Cyndi, most of this $45,000 was still in his checking account when he was arrested.

Last edited by Donald E. Pauly; April 4th, 2012 at 12:45 AM. Reason: typo