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Old 07-09-2007, 06:28 PM
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Default Mastro Auctions Being Investigated by the FBI

Posted By: barrysloate

I really see no realistic way for an auction house to prevent a consignor from asking a friend to bid for him. There is simply no way that I, or anyone else, can make the determination that bidder so-and-so was not bidding on lots he wanted, but was just helping out a friend. In a perfect world everyone would be honest, but the world isn't perfect.

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