The U.S. government's not done with jailed auto mogul Denny Hecker just yet.
The U.S. attorney's office filed papers Tuesday in federal court, saying it will garnish any property Hecker still owns to satisfy the $31.4 million judgment that he was ordered to pay as part of his sentence for fraud.
Jeanne Cooney, a spokeswoman for the U.S. attorney's office, said it is particularly interested in any stock Hecker may own.
He is in federal prison in Terre Haute, Ind., serving a 10-year sentence for bankruptcy fraud and forging documents that resulted in auto lenders being defrauded out of millions of dollars.
The government believes he owns stock in an online auto-auction company called Open Lane. Open Lane is in the process of being sold to KAR Auction Services, and the government may be entitled to the proceeds, she said.
Cooney said the stock may be worth "hundreds of thousands of dollars," though she emphasized that the government is still verifying what, if any, stock Hecker may own.
The garnishment filing puts the U.S. attorney's office on a chase for Hecker's assets at the same time the trustee handling Hecker's bankruptcy case is rounding up assets for creditors.
Hecker's bankruptcy attorney John Neve said he had not seen the garnishment papers and was not prepared to comment. Neve added that he is only handling one final matter in bankruptcy court for Hecker.