Nuri Otus - Auctioneer con artist

Nuri Otus is an auctioneer and liquidator of business equipment who lives in Hillsborough exclusive area in San Francisco Bay Area. He has done legitimate auctions under various names including Auctionet, Asset Management Associates, ARH Group, Realm Connect, and Nuri Otus. Nuri Otus looks like a professional auctioneer and in some cases he does legitimate auctions. But beware.
He seduced me and at least 2 other companies into what appeared to be some very good deals buying used electronic business and test equipment. After building your confidence in him, he will offer you what seems to be a very good opportunity complete with list of equipment and invoice telling you he has an exclusive deal with a company to liquidate the equipment and is offering it to you first. He told me if I didn't want it, he knew several other dealers who would buy it but he wanted to give me the first opportunity. Of course with auction companies you always pay first before you get the equipment. So Nuri Otus told me if I wired him $175,000 that day the equipment would be all mine. It was a great list of equipment and I figured I could double my money on it at least.