Crazy Uncle Auctions Prevails Over CJDave False Claims

[AJR]

CJDave and Crazy Uncle Actions (CUA) Final Resolution.

It has been a while since I last posted here on Net54 - hopefully the community can understand that I was unable to make any public comments due to the ongoing litigation between myself and CJDave, or David Ostrove.

Dave Ostrove was recently convicted of money laundering and embezzlement by a Suffolk County jury and sentenced to 8 1/3 to 25 years in jail for stealing over $8 million from his employer, the Schecter School of Long Island, a Jewish private school, where he took advantage of his position of trust as the CFO for the past 11 years.

He used this stolen money to live a lavish lifestyle buying luxury cars for himself and his family, purchasing five beach houses on Fire Island NY that he rented out and made over $600k in income, and purchased millions of dollars in memorabilia and coins which he then sold/laundered via the BST section on this site, as well as my company, Crazy Uncle Auctions, and other auction houses. Dave was living this lavish lifestyle while the Schecter School was cutting student programs and struggling to keep the school open.

Dave Ostrove is a professional con artist who practiced his craft for over a decade by lying and cheating children out of the full benefits of their education. To quote New York State Supreme Court Justice John Collins who presiding over his trial and gave him the maximum sentence: “Mr. Ostrove is a charlatan and brazen thief.” Dave used his well-honed con artist skills to write over eighty false posts on this website about me and my company as part of an internet smear campaign to extort money from me and, when I refused to knuckle under, to threaten to destroy me.

Dave Ostrove then used embezzled funds to hire lawyers to sue me in November 2020, making even more outlandish claims than his Net54 posts. He accused me of stealing $1.3 million of his memorabilia, damaging all the consigned items returned to him, and selling items in our last auction under a “reserve” that he concocted. Even though I successfully sold 512 of 760 memorabilia items he consigned and returned the unsold items, Dave fabricated a list of 785 items he accused me of stealing – more than the total of items he ever consigned to me. The math never worked. But that didn’t stop Ostrove and his attorneys. He included over a hundred items on the missing list that I sold in our June 2020 auction and paid him for, and he included duplicate “1/1” items and items which were sold or consigned to other auction houses.

The more information Dave manufactured, the more it became obvious that he was falsifying the documents and that his theft claims were simply not true.

Eventually we moved forward to Arbitration where a panel of three retired judges presided over this dispute between CJDave and me for over three years. During that time, Dave Ostrove avoided answering questions; refused to provide documents, then produced false and fabricated documents; refused to permit our expert to inspect the supposed damaged items until the Panel ordered him to; dropped his damaged items claims; refused to be deposed; took the Fifth Amendment multiple times (mind you he was the plaintiff making the allegations); changed lawyers twice after he was indicted and arrested; and never showed up for the trial of his claims.

On the other hand, I provided the Panel proof there were no missing items as Dave claimed. I proved that Dave had consigned many of the so-called missing items to other auction houses after I returned the unsold items to him in July 2020. I proved his fraud by matching the PSA or SGC serial number on the scans.

In fact, two years after the litigation began, and after he had been arrested for embezzling millions from the Schechter School, Dave was arrested for the second time and charged with 10 additional criminal counts when he was caught trying to sell/consign dozens of memorabilia to a memorabilia store in violation of a forfeiture court order – including many items that I returned and were on the bogus missing list.

Again, I had the scans with the serial PSA / SGC number or JSA certificate that matched these items he was attempting to consign. I was also able to prove that none of the items I returned were damaged with the help of a third-party memorabilia expert, so any posts about CUA leaving items out in the rain was proven false so convincingly that Dave dropped his damage claim rather than face the facts. These are just a few examples of the many facts proving Dave Ostrove’s claims were false which were presented to the panel.

Two days ago, the Panel dismissed Dave Ostrove’s claims with prejudice. The Panel stated that Dave Ostrove’s claims had no basis in fact or in law, and his public posts about me and CUA were “false and defamatory.”

Without a doubt, this was one of the most stressful and distressing experiences I have ever dealt with in my life, and hope none of you ever go through anything close to this. I hope that some of you in the Net54 community remember me as a reputable person who would never steal or do any of the horrible things that Dave falsely accused me of on this board. This hobby has plenty of bad characters and hopefully the resolution of this matter does something to clear my name and expose Dave Ostrove as a lying con artist, thief and money launderer who couldn’t care less about the damage he caused to me and my family.

I also ask Leon if you can permanently ban Dave Ostrove and remove his past posts under Net54 ID: CJDave. Dave has shown no respect for any of its members or to you by trying to sell items purchased with stolen money via the BST board, posted false claims about me and CUA using the Net54 board for his own personal gain, and now is a convicted money launderer and embezzler. Leon, I leave that decision to you, hopefully you agree with me that you do not want people like David Ostrove in the Net54 community.

I do not plan to provide any further comments about this matter and want to move forward with my life. In the spirit of having a picture in every post – here is one that is worth a thousand words.

[ajjohnsonsoxfan]

Wow what a total scumbag. When a POS steals from kids, you know they're bottom of the barrel. Very sorry you had to go through this nightmare and hopefully you fully clear your name.

[parkplace33]

What a story, sorry you had to go through all this. Are you still still running that auction?

[D. Bergin]

WoW!

What a sociopath. Maybe even a psychopath.

So sorry you went through this.

[NiceDocter]

Man you had a lot of stamina and guts to hold on and prove your case instead of knuckling under and hoping it would all just disappear. He messed with the wrong guy!! Tons of respect for you in seeing it through to the end.

[raulus]

Welcome back, and what a nightmare.

Hope you have closure now, and you can leave all that garbage in the past.

Good luck!

[marzoumanian]

First, thanks for sharing. I am very sorry you had to go through this and am glad you still have your mental health.
I followed this case when it first was detailed on Net54 and based upon all this stunning news can only conclude that he "used" this young man as a way to "launder" the stolen money from the school. He knew all along it wasn't his money to begin with so by making all these claims and suing he was trying to clean the money IF he won in court. Just stunning. And that poor school. I want to cry. This has all the makings for a 60 Minutes or 20/20 report.
You have the right attitude. Move forward. Life is short. Smell the roses. I wish you nothing but health and peace.

[D. Bergin]

Reading that old thread in hindsight is rough. Could only get through the first page so far.

This guy was really creating an alternate universe for himself and everybody else involved in that thread.

Crazy thing is. He's already stealing from the school. Why would he make so much more noise for himself while he's trying to launder it?

There's so much arrogance involved here, it's almost impossible to measure.

[Leon]

Easy decision to immediately ban him. He didn't edit any posts he made as of now, concerning anything written. Generally, deleting posts or threads, is almost never done. Karma....
.

[ezez420]

Congrats Aaron in your victory. Great outcome!


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