So much of what he did was heavily pre-meditated and the extent he took to defraud was second to none in hobby history. He even shaved the backs off photos to make them clean then added fake stamps. He was doing things on one hand to defraud banks for millions and then on the other hand he was taking photos worth $25 and spending considerable to time to try and make them worth $50. His big schemes started years before the incident they refer to in the article so its just another lie.
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