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Starting bid: $1.4 million

Updated: Tuesday, 08 Mar 2011, 7:34 AM MST
Published : Tuesday, 08 Mar 2011, 7:34 AM MST

ALBUQUERQUE (KRQE) - Going, going, gone! When the clock strikes 9 a.m., the bidding for Doug Vaughan's mansion will begin.

The embattled realtor built this multi-million-dollar house in 2007. Investigators said during that time he was bilking hundreds of investors out of millions in a Ponzi-scheme.

Realtors said the lowest big they will accept is $1.4 million.

It's too late to be included in Tuesday's auction. You had to call realtors by Friday to take part in the auction.

Starting bid: $1.4 million

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