Last day of bidding for Ohio 'Golden Eye' diamond

September 8, 2011 - 7:05 AM
Golden Eye Diamond

File--In this undated photo provided by the U.S. Marshals Service shows a large yellow diamond. The large yellow diamond seized in a money laundering investigation in Ohio has gone on the auction block and quickly attracted an offer over the minimum starting bid of $900,000. The 43.51 carat diamond belonged to an Ohio businessman convicted of money laundering and conspiracy. (AP Photo/U.S. Marshals Service, File)

CLEVELAND (AP) — Time is winding down in the auction for a huge yellow diamond known as the "Golden Eye" that was seized in a money laundering investigation in Ohio.

As of 6 a.m. EDT Thursday, the gem now held by U.S. marshals in Cleveland had attracted a top bid of more than $1.5 million, out of four bids submitted.

The auction closes Thursday at 3 p.m. It began Tuesday with a starting bid of $900,000.

The 43.51-carat diamond belonged to a northeastern Ohio businessman who was convicted of money laundering and conspiracy. Prosecutors say he tried to sell the rock and an estate once owned by boxer Mike Tyson to an undercover FBI agent for $19.5 million and a boat.

The diamond was seized and forfeited to the government.

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Online:

www.Bid4Assets.com/Diamond43