IRS auctions: Your chance to take home the gold

  • Some of the gold coins that will be sold at auction. IRS

  • Some of the coins and bars of palladium that will be sold at auction in Nashua on May 22, 2019, after being seized in a payment-of-taxes case from N.H. nutritionist Jeffrey Sullender.  Courtesy—IRS

  • Silver bars like this are among the items that will be sold at auction in Nashua on May 22, 2019, after being seized in a payment-of-taxes case from N.H. nutritionist Jeffrey Sullender.  Courtesy—IRS

Monitor staff
Published: 5/21/2019 11:04:03 AM

A New Hampshire nutritionist who allegedly filed no federal tax returns for five years and tried to hide assets such as his homes by selling them to himself in return for gold coins will have his property, including gold coins, sold at auction next week by the IRS.

The auction on May 22 in Nashua will include “hundreds of coins” from the 1800s and 1900s – some gold, some silver, some from Canada and some from a republic that predated Austria – as well as one-ounce bars of the precious metal palladium, according to the Internal Revenue Service.

All were collected from the Hollis home of Jeffrey Sullender after the  U.S. District Court in Concord ordered his property seized for unpaid taxes dating back to the year 2000, according to IRS spokesman Michael Devine.

Sullender is a licensed nutritionist who practiced and gave public talks on the topic in Southern New Hampshire for many years.

The Hollis home at 1 Nevins Road will be sold at auction, as will a Nashua business condominium at 39 Simon St.

According to documents filed in federal court in Concord, the case is long and convoluted.

Court filings say Sullender bought the Nashua condo in 1991 and within a few years “decided to cease filing federal income tax returns,” engaging in a “circuitous series of purported transfers in order to convey the Nashua property beyond the reach of his creditors” while “still retaining dominion and control over it.”

In 2002, the court said, Sullender sold the condo to a company he controlled for “21 U.S. silver dollars” and “attempted to conceal the transfer by filing extraneous documents with the registry of deeds.” Other allegedly improper sales or transfers followed.

The Hollis house entered the case in 2004, court documents said, when Sullender allegedly shifted ownership to his wife’s name to avoid “substantial federal tax liabilities” and then, in 2005, sold it to a property management firm that he owned for “two ounces of gold in coin.”

The federal government first filed suit in November 2016, and a number of court hearings followed until Judge Landya McCafferty ordered the property seized in March 2018.

Devine said the coins and palladium bars were found in and around the Hollis house.

The coins and palladium bars will be sold by auction at the DoubleTree hotel, 2 Somerset Parkway in Nashua, on Wednesday, May 22, at 10 a.m. The site will be open for previews from 9 to 9:45 a.m. No credit cards are allowed; payment must be by cash or “certified, cashier’s, or treasurer’s check drawn on any bank or trust company incorporated under the laws of the United States or under the laws of any state,” said the IRS.

The properties will be sold by auction on Friday, May 24, at 11 a.m. at U.S. District Court in Concord.

The IRS holds auctions for items seized all over the country.

“Almost always, we try to sell items as close to the site they were (seized) as possible,” Devine said.

(David Brooks can be reached at 369-3313 or dbrooks@cmonitor.com or on Twitter @GraniteGeek.)



Concord Monitor Office

1 Monitor Drive
Concord,NH 03301
603-224-5301

 

© 2019 Concord Monitor
Terms & Conditions - Privacy Policy