Former auction house owner Kruse released on bond

AUBURN, Ind. (AP) — Former auction house owner Dean V. Kruse has been released on bond after surrendering to face a theft charge out of Pennsylvania alleging that he never paid a man $38,000 for selling an antique hearse.

The Herald Republican of Angola reports Kruse was released Wednesday afternoon from the DeKalb County Jail in Auburn after posting $5,000 bond.

Kruse’s attorney, Margaret Grimm, had asked a DeKalb Superior Court judge to release Kruse on his own recognizance, calling him a “pillar of the community.” The judge agreed and set Kruse’s extradition hearing for Oct. 28.

A Pennsylvania court issued a warrant for Kruse’s arrest this week after prosecutors accused him of theft.

Last year, Indiana suspended Kruse’s auctioneer’s license and stripped his former auction house Kruse International of its license.

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Information from: Herald Republican, http://www.heraldrepublicanonline.com/

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