The remainder of the possessions bought with embezzled money by Sue Sachdeva, former Koss Corp. vice president of finance, will be sold April 21-22 by Ivana’s Trunk, a Mequon consignment store.
By mandate of the U.S. Attorney’s Office, Ivana’s Trunk will sell off the remainder of the possessions. Sachdeva received an 11-year sentence for embezzling $34 million from the company.
Items up for sale are very high-end luxury items including housewares, china, crystal, sterling silver, decorator items, linens, shoes, clothing, accessories, luggage, electronics, figurines, and art. Many of the items to be sold are still in their original packaging.
Sachdeva’s attorneys argued she embezzled the money as a way to pay for irrational shopping caused by mental illness. Prosecutors did not dispute Sachdeva likely suffered from bipolar disorder and compulsive shopping. But they said, “It is an explanation, but not an excuse.” Sachdeva never took the tags off of many of the items and had to rent storage spaces because she could not fit everything she bought into her house.
the brands of items to be sold by consignment include St. John Couture Home, Jay Strongwater, Daum Crystal, Waterford, Michael Wainwright, L’Objet, Arthur Court, Nambe, Kim Seybert, Michael Aram, Le Creuset, and Bodum. Sferra Linens. Clothing by Chanel, St. John Couture, Peggy Jennings, and LaFayette 128. Shoes by Manolo Blahnik, Michael Kors, Stuart Weitzman, Donald Pliner, and Bettye Muller. Tumi, Bric, Fendi Luggage and Lladro Figurines.
A preview of the items for sale will take place Friday, April 20, from 5 to 7 p.m. The sale will take place on Saturday, April 21, from 10 a.m. to 3 p.m., and Sunday, April 22, from noon to 3 p.m.
The sale will be at 1501-1511 W. Market in Mequon, not at the Ivana’s Trunk retail store.
Images of most of the items for sale, except the clothing, are available at http://www.IvanasTrunk.com/sachdeva.
