An auction of three different properties were auctioned off in November 2010 that brought in close to $360,000 for companies controlled by Dean Kruse. Kruse is having to raise money to pay off creditors who have been constantly on his case during the fall out of his collector-car auction company. His son said that this [...]
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Kruse seems to have paid the price, at least part of it anyways, when he was forced to sell Kruse Auction Park that is located south of Auburn. This happened in July 2010 when the Indiana Auctioneer Commission suspended his license for a minimum of two years due to slow payment and straight up nonpayment [...]
Awhile back in the summer a Florida based company wont a lawsuit judgment for a whopping $250,000. The only problem is they didn’t collect from Mr. Kruse. This resulted in them filing another lawsuit attempting to collect the money. Mr. Kruse seems to be having some problems staying out of legal trouble. Read more here
In a recent car auction, Kruse is recorded as having “recycled” his cars throughout the sale: if one of his cars didn’t sell, he reportedly transported it to the next sale, after giving it a different lot number. This made for a very confusing experience for all involved. Some cars are so distinctive that, even [...]
As recent as 2008 Dean Kruse purchased a bulk of Shelby Cobra’s from somewhere in the Southwest region. He bought roughly 50 cars and started trying to sell them at every chance he got. He sold a couple at first but eventually fewer would sell leaving him with more than a couple of cars still [...]