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Per Andrew Moore, "The Government only identified a 'victim' for 347 of the 2,463 auctions". It's pretty obvious that the 2000+ auctions that don't list victims actually do have them. I was somewhat sympathetic to Doug Allen's plea not to do 57 months in jail, but I'm over that now.
Another thing to remember (and there's a lot to take in here) is that this list is just for those years where Mastro didn't destroy their records. This list would likely be much, much longer if they had that info. Bill |
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There are some entries that are clearly instances where Mastro exploited a winner's max bid by running up the total: Peter Spaeth's name shows up as a shill bidder and winner on one entry [August 2007]. Chad Dreier is shown on one as well [see June 2007]. I don't believe either of those guys had anything to do with Mastro's scheme; I do believe both were cheated as a result.
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http://net54baseball.com/showpost.ph...0&postcount=51 |
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I naively thought that only the big boys bidding on high value lots got shilled. I got shilled for $200. Sad.
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any thoughts as to whether this could contribute to price deflation in the market? There has been widespread false price discovery here. Maybe it's old enough not to matter to prices now.
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I was shilled once for $379 + vig (amounts seem to be only the hammer price) but apparently I wasn't a "victim."
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