Of course pens weren’t the only illicit booty, and I won’t say that I don’t care about the others (including a Ferrari), but for the purposes of this blog we’ll focus on the pens.
Feds seize $350K, second luxury pen in FCA-UAW scandal
Detroit — FBI agents have seized $354,000 and rare $35,700 fountain pens during a hunt for money and assets tied to Alphons Iacobelli, the former Fiat Chrysler executive charged in a corruption scandal….
…The bejeweled pens are considered the defining symbol of the corruption scandal. Only 50 were made by the fabled pen company to honor President Abraham Lincoln and feature solid, 18-karat gold fittings, a blue sapphire embedded in the clip, a mother-of-pearl cap ringed by three diamonds and an 18-karat gold tip engraved with 13 stars.
Iacobelli received the pens during a rare private showing at the Montblanc store at Somerset Collection mall in Troy, according to a source familiar with the purchase. The store was closed to the public for the intimate event.
Normally, special edition pens are only sold through flagship Montblanc stores but since Iacobelli made a downpayment, the pens were shipped to Michigan, the source said.
One pen was seized from Iacobelli’s $1.3 million Rochester Hills mansion July 26, the day he and Morgan-Holiefield were indicted by a federal grand jury. The pen purchase and other alleged wrongdoing could land Iacobelli in a federal pen for five years.
A month later, on Aug. 23, federal agents found the second pen…