Judge Suspends Auctions of Ex-Billionaire's Assets - ABC News

February 24, 2015 8:12 PM

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A judge has suspended auctions of big-ticket assets belonging to Eike Batista, the business magnate who once was Brazil's richest man and now faces charges of insider trading and market manipulation.

Federal Judge Messod Azulay ordered the postponement of auctions scheduled for this week and early next month. Items included a Lamborghini and a yacht.

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