Lawyers for the Capital Area United Way say they are days away from getting permission to start selling Jackie Allen-MacGregor's horse assets.Lawyers for the Capital Area United Way say they are days away from getting permission to start selling Jackie Allen-MacGregor's horse assets, and they say they are also about to reach an agreement that could end the civil matters between the charity and Allen-MacGregor.
Allen-MacGregor has not been criminally charged.
Attorneys say they are hoping the horse sales will help the Capital Area United Way recover most of the money lost after they say Allen-MacGregor allegedly embezzled at least $1.9 million form the organization.
It's unclear how much money will be recovered if Allen-MacGregor's horses are put on the market, however according to documents dated December 15, 2002, Allen-MacGregor indicated to attorneys she had about 60 horses with a total price tag adding up to more than $650,000.
Some say the horse market partly depends on the economy, but pedigree, prize history and breed also determine a horse's value.
Allen-MacGregor had priced many of her horses around $10,000. Some were priced as much as $25,000, but experts remind people proper training and maintenance of the horses will also play into a horse's final value.
As of December 15, 2002, about 14 mares were in foal, or expecting to give birth in the year 2003. Some say those foals could result in additional assets that could be worth as much as $12,500.