Quote:
Originally Posted by Peter_Spaeth
https://www.justice.gov/usao-ndil/pr...l-bidding-scam
Read the discussion of the Wagner.
Here, I'll make it easy for you.
The T206-series Wagner card is considered one of the world’s most expensive trading cards. Mastro admitted in the plea agreement that he cut the card’s side borders, and then concealed this information when he sold the card in 1987. Mastro again failed to disclose his alteration even after participating in subsequent auctions of the card in 1991 and 2000. The sale in 2000 produced a purchase price of more than $1 million, according to the plea agreement. Mastro also failed to disclose that he cut the Wagner card again in 1992, even though he was aware that the card had been submitted to become the first baseball card assigned a grade based on the condition of the card.
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He admitted to that, no doubt. But was he charged with that as a crime? I am not seeing that. Not trying to be difficult, I don't see it.
"The former owner and CEO of a sports memorabilia auction house was sentenced Thursday to 20 months in federal prison for using phony bids to fraudulently inflate the price of his company’s listings at auction."