Net54baseball.com Forums

Net54baseball.com Forums (http://www.net54baseball.com/index.php)
-   Net54baseball Vintage (WWII & Older) Baseball Cards & New Member Introductions (http://www.net54baseball.com/forumdisplay.php?f=2)
-   -   Mastro Auctions Being Investigated by the FBI (http://www.net54baseball.com/showthread.php?t=86129)

Archive 07-09-2007 07:12 AM

Mastro Auctions Being Investigated by the FBI
 
Posted By: <b>Jeff Lichtman</b><p>According to the NY Daily News (no online link, sorry), the FBI is investigating Mastro for shill bidding in its auctions. Doug Allen is quoted as saying that they have not yet been contacted by the FBI. The allegations, in part, are that Mastro allows owners of lots to bid on their own items.<br /><br />

Archive 07-09-2007 07:41 AM

Mastro Auctions Being Investigated by the FBI
 
Posted By: <b>JimCrandell</b><p>Very interesting--thanks for the info Jeff.

Archive 07-09-2007 07:48 AM

Mastro Auctions Being Investigated by the FBI
 
Posted By: <b>P Spaeth</b><p>Gee that makes me feel good, that with all the bad stuff going on in the world the FBI is expending scarce resources looking into shill bidding in Mastro.

Archive 07-09-2007 07:51 AM

Mastro Auctions Being Investigated by the FBI
 
Posted By: <b>leon</b><p>Depending on what is being done it's either bad or doesn't matter. That's quite a vague statement. We know some auction houses allow bidders to bid on their own stuff....as has been talked about before. They just have to pay the fees if they win. Did anyone hear that people think the PSA8 Wagner is trimmed?

Archive 07-09-2007 08:00 AM

Mastro Auctions Being Investigated by the FBI
 
Posted By: <b>Richard Simon</b><p>I have posted the Daily News article on my website.<br />www.richardsimonsports.com/hofauto2.htm<br />--<br><br>I refuse to engage in a battle of wits with an unarmed opponent.<br />Unknown author <br />--<br />We made a promise. We swore we'd always remember.<br />No retreat baby, no surrender.<br />The Boss

Archive 07-09-2007 08:03 AM

Mastro Auctions Being Investigated by the FBI
 
Posted By: <b>barrysloate</b><p>Jeff- was there any mention of the FBI looking into the designer packing tape?

Archive 07-09-2007 08:05 AM

Mastro Auctions Being Investigated by the FBI
 
Posted By: <b>Jeff Lichtman</b><p>No, Barry, but at least we know how they can afford such expensive tape!<br /><br />And unfortunately, corporate fraud is still something the FBI investigates. Thank goodness for that.

Archive 07-09-2007 08:10 AM

Mastro Auctions Being Investigated by the FBI
 
Posted By: <b>peter chao</b><p>This is probably the same FBI dept. that's investigating Barry Bonds steroid use. Mastro doesn't have to worry about anything happening soon. <img src="/images/happy.gif" height=14 width=14><br /><br />Peter

Archive 07-09-2007 08:17 AM

Mastro Auctions Being Investigated by the FBI
 
Posted By: <b>dennis</b><p>the fbi has plenty of money in their budget to investigate crime at various levels. i guess cheating people out of money is not a crime?

Archive 07-09-2007 08:19 AM

Mastro Auctions Being Investigated by the FBI
 
Posted By: <b>leon</b><p>Please don't tell me that is what we are talking about here(the article I just looked at). That was discussed months ago because some knucklehead spent other's money in Mastro Auctions and supposedly got ran up. Very old news....and it's by our favorite reporter...O'keefe.....this is truly earth shattering stuff. Please tell me there is something else, Jeff? yawn....<br /><br />ps...btw, I am not saying it's ok to run max bids up or shill...it's not and anyone that does it should be punished...

Archive 07-09-2007 08:24 AM

Mastro Auctions Being Investigated by the FBI
 
Posted By: <b>joe</b><p>Not sure about this story. I know I tested this out a few auctions ago. I tried to bid on one of my items in a Mastro auction and the online site would not let me bid. <br /><br />Joe<br><br>Ty Cobb, Spikes flying!

Archive 07-09-2007 08:25 AM

Mastro Auctions Being Investigated by the FBI
 
Posted By: <b>David Davis</b><p>Has anyone ever tried to bid on one of their consigned items through the online bidding system? I guess this questions also goes for other auction houses.

Archive 07-09-2007 08:30 AM

Mastro Auctions Being Investigated by the FBI
 
Posted By: <b>Jeff Lichtman</b><p>Leon, it's not a yawn if the FBI is currently investigating Mastro. I assure you that Doug Allen and Mastro's lawyers don't consider a pending FBI investigation to be a yawn. Perhaps they'd like their customers to think so, but surely they do not.

Archive 07-09-2007 08:35 AM

Mastro Auctions Being Investigated by the FBI
 
Posted By: <b>barrysloate</b><p>In virtually all online auctions, including my own, the auction house gives the names of all the consignors and the lots he consigned to the web designer. He plugs those names into each lot and if the consignor tries to bid, he gets a message that he is not eligible to do so. That's a simple mechanism built into any auction software.

Archive 07-09-2007 08:36 AM

Mastro Auctions Being Investigated by the FBI
 
Posted By: <b>Joseph</b><p>One thing is for sure, this proves that Mastro has reached the big leagues in terms of the auction business, for we know that, generally, the FBI goes after the biggest fish in the pond.<br /><br />And while shilling is commonplace at even the finest establishments, IT IS MUCH EASIER TO PROVE with seized phone and computer records.

Archive 07-09-2007 08:36 AM

Mastro Auctions Being Investigated by the FBI
 
Posted By: <b>Jeff Lichtman</b><p>So Barry, do you think when Mastro was faced with the fork in the road in choosing software to prevent consignors from bidding on their own auctions or fancy Mastro-stamped packing tape, they chose the latter?

Archive 07-09-2007 08:46 AM

Mastro Auctions Being Investigated by the FBI
 
Posted By: <b>leon</b><p>I am not making light of the "allegations". This has been hashed out a long time ago. <br /><br />Jeff- if someone alleges something it's not a fact, correct? Noe was sentenced almost a year ago. If something was turned up about Mastro, in a legal, negative, manner we would have heard about it. God knows there are enough on this board who would bring it up (which is fine)...Like I say this is old news....why are we still talking about it?...As far as I know nothing has been proven. I allege a lot of crap....so what? I heard the PSA 8 Wagner might be trimmed and those two hero's with the fake Wagner are still trying to play the race card....<br /><br /><a href="http://www.toledoblade.com/apps/pbcs.dll/article?AID=/20061120/BREAKINGNEWS/61120015" target="_new">http://www.toledoblade.com/apps/pbcs.dll/article?AID=/20061120/BREAKINGNEWS/61120015</a>

Archive 07-09-2007 08:59 AM

Mastro Auctions Being Investigated by the FBI
 
Posted By: <b>barrysloate</b><p>Leon- you seem strangely protective when all this is is another thread about something newsworthy relating to the hobby. Maybe it's something, maybe it's nothing...but it's fair game to bring it up for discussion.<br /><br />Jeff- that's a tough question (what was the question again?). Something about designer tape.

Archive 07-09-2007 09:06 AM

Mastro Auctions Being Investigated by the FBI
 
Posted By: <b>leon</b><p>We can talk about anything related to the board focus..and this certainly is. My question is why is this being brought up again after nothing was proven the first time? Are there folks with an axe to grind? Nah, couldn't be that. We can talk all we want to about stuff that happened a long time ago and was never proven. You seem to be missing my point. Not sure why?

Archive 07-09-2007 09:08 AM

Mastro Auctions Being Investigated by the FBI
 
Posted By: <b>jay behrens</b><p>Barry, this is exactly why many people question Leon's objectivity and the other board was started. Mastro is major advertiser here and he poo-poos every negative thing brought about Mastro. It doesn't look good when he keeps claiming that the ad moeny has no impact and he acts this way.<br /><br />Jay<br><br>I love pinatas. You get to beat the crap of something and get rewarded with candy.

Archive 07-09-2007 09:12 AM

Mastro Auctions Being Investigated by the FBI
 
Posted By: <b>barrysloate</b><p>I didn't read the article and the first I am hearing of it is from Jeff's post. Old business or new, Jeff cited that the article is in today's paper. If it's old news, and much ado about nothing, it will go away. If on the other hand O'Keeffe does have an axe to grind with Mastro, then that's worth discussing, too. He is far from a saint, and if he is just stirring trouble then he'll get his comeuppance. I just wouldn't summarily dismiss any article until we learn more about it.

Archive 07-09-2007 09:14 AM

Mastro Auctions Being Investigated by the FBI
 
Posted By: <b>Jeff Lichtman</b><p>Leon, first off, the fact that the FBI is continuing their investigation of Mastro does not for a second suggest that "nothing has come to light." It suggests that they do not yet believe that there is "nothing" to the allegations. Yet. As a defense lawyer, I agree that the mere investigation of Mastro means nothing. As someone who buys Mastro cards, however, it scares the bejesus out of me.

Archive 07-09-2007 09:27 AM

Mastro Auctions Being Investigated by the FBI
 
Posted By: <b>P Spaeth</b><p>If people don't trust mastro why do they keep bidding in his auctions?

Archive 07-09-2007 09:28 AM

Mastro Auctions Being Investigated by the FBI
 
Posted By: <b>Jeff Lichtman</b><p>Same reason Willie Sutton robbed banks: that's where the cards are.

Archive 07-09-2007 09:29 AM

Mastro Auctions Being Investigated by the FBI
 
Posted By: <b>barrysloate</b><p>They have good stuff. In this hobby, stuff trumps everything else.

Archive 07-09-2007 09:29 AM

Mastro Auctions Being Investigated by the FBI
 
Posted By: <b>Dan Bretta</b><p>I'm surprised that this link didn't get more play in this chatroom.<br /><br /><a href="http://www.gameuseduniverse.com/vb_forum/showthread.php?t=8654" target="_new" rel="nofollow">http://www.gameuseduniverse.com/vb_forum/showthread.php?t=8654</a><br /><br />It's not so much that it's about a game used item as it is who the perpetrators are in this case. How much can we trust Mastro with stuff like this going on?

Archive 07-09-2007 09:30 AM

Mastro Auctions Being Investigated by the FBI
 
Posted By: <b>P Spaeth</b><p>There are many sources of cards. That answer does not impress me. If you really think he is running you up, or altering cards in ways that are unacceptable to you, or his fees are excessive, the answer is simple: don't bid.

Archive 07-09-2007 09:34 AM

Mastro Auctions Being Investigated by the FBI
 
Posted By: <b>JimCrandell</b><p>Jay,<br /><br />That was my first thought as soon as I saw Leon's comment--there he goes again sticking up for an advertiser.<br /><br />Jim

Archive 07-09-2007 09:38 AM

Mastro Auctions Being Investigated by the FBI
 
Posted By: <b>leon</b><p>It's not in "today's" paper. That is a very old article. Find a yr old paper and start reading it and have fun. <br /><br />Jeff- show me something within the last 2 months that says the investigation is ongoing or prove it. Period. All I have seen is a lame old article by someone we know has an axe to grind. Show me something new....or prove it's ongoing. Then you will have something.<br /><br />Jay B- Mastro is one advertiser out of about 10-12...I wouldn't call them a major advertiser. I very well might speak with Doug about NOT advertising anymore so there is no perception of my protecting them. They are a good company with good people. I hate to see negative comments about folks I like, made unjustly. Show me where I have ever protected them? Same old story. You can say anything you want to per the forum rules..... You have made so many negative comments about myself and Mastro that I really should harbor ill feelings about you...but I don't. I think you mean well but some of your statements hold no merit...<br /><br />thanks<br />leon<br /><br />

Archive 07-09-2007 09:42 AM

Mastro Auctions Being Investigated by the FBI
 
Posted By: <b>Dan Bretta</b><p>Leon, have you read that link that I just posted? Something funny is going on at Mastro for sure.

Archive 07-09-2007 09:44 AM

Mastro Auctions Being Investigated by the FBI
 
Posted By: <b>leon</b><p>I have read it...I don't like what I see either...but I also don't know the whole story. I am not into memorabilia at all. Could a face mask have a different cage thingy up front and still be valuable? I would think anything different than original has to be noted....and would affect the price. What was the final outcome of that story?

Archive 07-09-2007 09:44 AM

Mastro Auctions Being Investigated by the FBI
 
Posted By: <b>jay behrens</b><p>If there were no advertising on the board, I could care less what your opinion about Mastro might be. The fact of the matter is, every time something negative is sad about Mastro, you immediately jump to their defense. This does not look good in any way, shape or form. As long as you continue to accept ads, you will be open to criticism for posts you make in defense of advertisers, no matter how correct the post may be, and your motives suspect. <br /><br />I'm pretty sure you knew that going in, but there are times like this when you are better off just not saying anything at all.<br /><br />Jay<br><br>I love pinatas. You get to beat the crap of something and get rewarded with candy.

Archive 07-09-2007 09:47 AM

Mastro Auctions Being Investigated by the FBI
 
Posted By: <b>Lee Behrens</b><p>The responses to this are just amazing from Peter and Leon.<br /><br />Peter you can't be serious about your original response. Do you enjoy being ripped off or have money taken from you? Mastro is a major auction house not your local auctioneer. If you enjoy getting ripped off just send me $100 a month and I will send you a tootsie roll in return. YOur statement is just amazing remind me never to have dealings with you in the future.<br /><br />As far as Leon, you are digging yourself a bigger hole that you started when the advertising started, why can't you just let the thread transpire instead of making the comments that you have you have in the thread with no other knowledge than what Jeff has has brought up an article printed today in a newspaper.<br /><br />Lee

Archive 07-09-2007 09:48 AM

Mastro Auctions Being Investigated by the FBI
 
Posted By: <b>leon</b><p>You are probably correct but I can't stand it when friends are maligned unfairly. I can't defend a hypothetical or a perception either. I can only defend the facts. The fact is I have never protected an advertiser in any way shape or form. Show me otherwise. Thanks again for you participation....

Archive 07-09-2007 09:49 AM

Mastro Auctions Being Investigated by the FBI
 
Posted By: <b>P Spaeth</b><p>Yeah Lee actually I am serious. If I don't like a product, I don't buy it. These are freaking baseball cards, not necessities. If you are so convinced Mastro is ripping you off, or altering cards, or whatever, do what Lenin said and vote with your feet. EDITED TO ADD That doesn't mean I condone shilling, in case you can't appreciate the difference. My point is just that I think it is ridiculous for people who don't trust Mastro to keep throwing money at him and then bitching about it.

Archive 07-09-2007 09:50 AM

Mastro Auctions Being Investigated by the FBI
 
Posted By: <b>barrysloate</b><p>Jay and Jim- I do not believe that Leon sticks up for advertisers. He may support a friend, as I or anyone else would do. But he's made it very clear that advertisers on the board are subject to the same scrutiny as anyone else, and I know he means that sincerely. <br /><br />And my comment made no reference to his supporting an advertiser; I was just curious why he responded the way he did.

Archive 07-09-2007 09:50 AM

Mastro Auctions Being Investigated by the FBI
 
Posted By: <b>JimCrandell</b><p>Peter,<br /><br />I'm surprised at you. There has got to be a better answer than just not to bid. Somewhere down there there has to be an obligation to expose what is being done for the good of the hobby.<br /><br />Jim

Archive 07-09-2007 09:51 AM

Mastro Auctions Being Investigated by the FBI
 
Posted By: <b>leon</b><p>Show me what newspaper it was printed in today?

Archive 07-09-2007 09:55 AM

Mastro Auctions Being Investigated by the FBI
 
Posted By: <b>P Spaeth</b><p>Jim: To clarify, I am not condoning fraud. You know me better than that. My point is that if you genuinely believe someone is dishonest, why deal with them?

Archive 07-09-2007 09:59 AM

Mastro Auctions Being Investigated by the FBI
 
Posted By: <b>Lee Behrens</b><p>Peter, if that is your stance you need to change your original response to the thread. I fully agree about your statement that if you feel there are wrong at Mastro not to bid or consign, but to be quite about them does not solve the overall situation at hand with Mastro. Does this mean I won't get my $100 a month for the tootsie rolls? <img src="/images/happy.gif" height=14 width=14><br /><br />Leon, Whether the news is new or old should it just be swept under the rug if there is an on going investigation? I am responding more to your and Peter's responses than to the theme of the Thread (semi-hijack).<br /><br />Lee

Archive 07-09-2007 10:00 AM

Mastro Auctions Being Investigated by the FBI
 
Posted By: <b>jay behrens</b><p>That's all fine and good to stand up for a friend, but when that friend becomes an advertiser, they are no longer a friend in the eyes of the board. They are an advertiser. Without the ads, he is standing up for a friend/business he likes. With the ads, he is defending an advertiser and you can't do that if you are claiming to not let advertisers influence you.<br /><br />Jay<br><br>I love pinatas. You get to beat the crap of something and get rewarded with candy.

Archive 07-09-2007 10:02 AM

Mastro Auctions Being Investigated by the FBI
 
Posted By: <b>leon</b><p>Just admit you made a mistake and move on....If there is an ongoing investigation I certainly want to know about it. So far it's an allegation that there is one ongoing.....Can anyone prove it? Even if there is an ongoing investigation so what? My guess is that a lot of things get investigated. "Guilty" is really what I want to know about....

Archive 07-09-2007 10:04 AM

Mastro Auctions Being Investigated by the FBI
 
Posted By: <b>Jon Canfield</b><p>First - I don't take any sides. I think I'm just answering a question asked by Leon that maybe wasn't clear. This was posted in today, Sunday July 8th's, NY Daily News. If you look at the article posted by Richard on his website, you will see the date stamp of the newspaper on the right hand side, all the way down at the bottom.

Archive 07-09-2007 10:07 AM

Mastro Auctions Being Investigated by the FBI
 
Posted By: <b>leon</b><p>I wouldn't necessarily say the way you think is the way the board thinks. Some do some don't....Mastro folks are friends and they are advertisers. Big deal...again, show me where I have ever protected them? I will continue to stick up for friends whether they are advertisers or not. If it's shown they did something wrong then I will readily admit that too. So far it's a lot of hot air.....show me some proof Jay.....c'mon ....Or are you going to keep going back to perception?...which of course I can't disprove....

Archive 07-09-2007 10:11 AM

Mastro Auctions Being Investigated by the FBI
 
Posted By: <b>J Levine</b><p>I wonder (only speculation) if the article's timing has anything to do with a certain someone's book coming out recently and looking for a little publicity.<br /><br />Joshua

Archive 07-09-2007 10:12 AM

Mastro Auctions Being Investigated by the FBI
 
Posted By: <b>Charlie Barokas</b><p>Someone please provide a link to the story from the NYDAILY website? I cannot find the story. Is this story a year old? The year is left off in the article provided and nothing recent is mentioned in the article?<br /><br />Charlie

Archive 07-09-2007 10:14 AM

Mastro Auctions Being Investigated by the FBI
 
Posted By: <b>P Spaeth</b><p>As the great line from Ralph McTell's song Streets of London goes, Yesterday's paper telling yesterday's news.

Archive 07-09-2007 10:15 AM

Mastro Auctions Being Investigated by the FBI
 
Posted By: <b>leon</b><p>I just went to the website and don't see the article. Can you show me where it is on their website? I looked and looked too...but maybe I missed it. It certainly didn't jump out at me...<br /><br /><br /><a href="http://www.nydailynews.com/news/index.html" target="_new">http://www.nydailynews.com/news/index.html</a>

Archive 07-09-2007 10:17 AM

Mastro Auctions Being Investigated by the FBI
 
Posted By: <b>jay behrens</b><p>come on Leon, you are smarter than that. All have to do is give the perception that you are protecting an advertiser and your credibility is hurt. You coming on here and trying to downplay everything negative about Mastro speaks volumes. You may think that you are defending a friend, but as long as the Mastro banner continues to fly here, you are defending an advertiser. There is no denying that.<br /><br />If you want to defend Mastro here, then maybe your idea is best and that you ask them not advertise anymore. That way, you can defend them to your heart's content and no one can claim you are defending or downplaying an issue about Mastro because they advertise here.<br /><br />Jay<br><br>I love pinatas. You get to beat the crap of something and get rewarded with candy.

Archive 07-09-2007 10:20 AM

Mastro Auctions Being Investigated by the FBI
 
Posted By: <b>Jon Canfield</b><p>Leon and others - I don't think the article is available in online form (sort of like the Wagner photo article a few weeks back). I can't find it on the website, either. You have to buy the paper. Again, for the record, I'm taking no sides here...

Archive 07-09-2007 10:21 AM

Mastro Auctions Being Investigated by the FBI
 
Posted By: <b>Jim Dale</b><p>Looking at the article provided above it would appear a disgruntled buyer has gotten the governments attention. I wonder how much the government (FBI) really wants to look into shill bidding? My guess is they have more important things to do, but the one client might have some pull with someone.

Archive 07-09-2007 10:21 AM

Mastro Auctions Being Investigated by the FBI
 
Posted By: <b>scott fandango</b><p>Leon..."Depending on what is being done it's either bad or doesn't matter. That's quite a vague statement. We know some auction houses allow bidders to bid on their own stuff....as has been talked about before. They just have to pay the fees if they win. Did anyone hear that people think the PSA8 Wagner is trimmed?"<br /><br /><br /><br /><br />when i first read that, i thought he was writing it tounge-in-cheek<br /><br />i was thinking......with fireworks exploding overhead, Leon says "Move along please, there is nothing to see here..."

Archive 07-09-2007 10:25 AM

Mastro Auctions Being Investigated by the FBI
 
Posted By: <b>leon</b><p>Jon- ok maybe it's a secret article. It can't be seen unless you buy the hardcopy. No one has seen the hardcopy or shown a real scan of it in today's paper. Again, I guess it's a secret.<br /><br />Jay- I will continue to run this board the best way I know how. Thanks for letting me know what I should do though. I will keep it in mind....

Archive 07-09-2007 10:27 AM

Mastro Auctions Being Investigated by the FBI
 
Posted By: <b>Jim Dale</b><p>Well if nothing else you have to admit there are some neat political ramifications \ implications here. The last paragraph notes that one of the Mastro brothers was Rudi Guilianis' deputy mayoy....does Rudi collect cards....I smell a scandal <img src="/images/happy.gif" height=14 width=14> I mean come on this is closer to a scandal then Libby's recollection?

Archive 07-09-2007 10:27 AM

Mastro Auctions Being Investigated by the FBI
 
Posted By: <b>Charlie Barokas</b><p>Does anybody really think that for $300 a month, Leon wants to be the Behren's constant verbal pin cushion?<br /><br />I think Leon would pay the advertisers $300 a month to make them boys go away!<br /><br />Charlie<br /><br />Edited to add: This constant harangue of Leon and decisions he made last year is getting very tired.

Archive 07-09-2007 10:29 AM

Mastro Auctions Being Investigated by the FBI
 
Posted By: <b>jay behrens</b><p>Nice of you to crawl out from under your slimy rock, Charlie.<br /><br />Jay<br><br>I love pinatas. You get to beat the crap of something and get rewarded with candy.

Archive 07-09-2007 10:32 AM

Mastro Auctions Being Investigated by the FBI
 
Posted By: <b>ScottIngold</b><p>Your not serious about that Leon. Are you ?

Archive 07-09-2007 10:35 AM

Mastro Auctions Being Investigated by the FBI
 
Posted By: <b>Charlie Barokas</b><p>Jay,<br /><br />Ouch! Are you going to be attending the N54 dinner this year?<br /><br />Charlie<br /><br />Edited to Add: If so, I am looking forward to seeing you there!

Archive 07-09-2007 10:39 AM

Mastro Auctions Being Investigated by the FBI
 
Posted By: <b>leon</b><p>I posted about 20 times...what are you referring too? Most likely I am serious about whatever I said....unless of course it was tongue in cheek...

Archive 07-09-2007 10:40 AM

Mastro Auctions Being Investigated by the FBI
 
Posted By: <b>Jim Dale</b><p>Leon there was a hard scan of the article posted above on the guys web site:<br /><br />www.richardsimonsports.com/hofauto2.htm<br /><br />The date said July 8.<br />

Archive 07-09-2007 10:41 AM

Mastro Auctions Being Investigated by the FBI
 
Posted By: <b>jay behrens</b><p>sadly, my limited budget and lack of vacation time will keep me from being there. I won't be able to make it next year either since I will have to travel to Italy to attend my son's graduation.<br /><br />Jay<br><br>I love pinatas. You get to beat the crap of something and get rewarded with candy.

Archive 07-09-2007 10:43 AM

Mastro Auctions Being Investigated by the FBI
 
Posted By: <b>leon</b><p>Sorry, until I see it in printed form somewhere else I won't believe it's current news. As a matter of fact I am about 95% sure it's old news. NO ONE has shown a full date of the article yet or where it's printed today. I am very skeptical but if shown it is in fact printed somewhere as of July 8,2007, and is an ongoing investigation, I will come back and say I was incorrect. SO far I am not...and NO ONE has proven it. thanks again

Archive 07-09-2007 10:45 AM

Mastro Auctions Being Investigated by the FBI
 
Posted By: <b>Steve</b><p> <a href="http://forums.collectors.com/messageview.cfm?catid=11&threadid=595473&STARTPAGE =1" target="_new" rel="nofollow">http://forums.collectors.com/messageview.cfm?catid=11&threadid=595473&STARTPAGE =1</a><br /><br />leon you can see the article here:<br /><br />Steve

Archive 07-09-2007 10:47 AM

Mastro Auctions Being Investigated by the FBI
 
Posted By: <b>Joe D.</b><p>What is the date of the NY Daily News article you are referring to?<br /><br />It seems Leon is suggesting this is old news... and I am not sure if you directly countered that point.<br /><br /><br />Barry...<br />"In virtually all online auctions, including my own, the auction house gives the names of all the consignors and the lots he consigned to the web designer. He plugs those names into each lot and if the consignor tries to bid, he gets a message that he is not eligible to do so. That's a simple mechanism built into any auction software."<br /><br />If someone is going to shill - why would they use their own name? I mean if it is against policy or auction rules to shill... I would think a shiller would be smart enough to use a name other than their own. Point being - the simple mechanism you mention above seems it would do very little to prevent shilling.<br /><br /><br />Shilling can happen in any auction, and the auction house is in a difficult position (and maybe impossible in some cases).<br /><br />In the end though - as a bidder - you have to at least hope that the auction house itself is not involved in the shill practice. Without that confidence, it is hard to bid on items in that auction.<br /><br />Thats why I listen to the guidance/opinions from people within my circle of collector-friends (Net54, NYC Dinner people and such) and I stick to names that have earned my trust...<br />like Lew Lipset, Barry Sloate, REA and some others.<br /><br /><br /><br />

Archive 07-09-2007 10:47 AM

Mastro Auctions Being Investigated by the FBI
 
Posted By: <b>jay behrens</b><p>Leon, look again at Richard's side and look at the right side of the article, you will see the date there.<br /><br />Jay<br><br>I love pinatas. You get to beat the crap of something and get rewarded with candy.

Archive 07-09-2007 10:57 AM

Mastro Auctions Being Investigated by the FBI
 
Posted By: <b>Jeff Lichtman</b><p>Leon, I thought made it clear in my initial post that the article is from TODAY's paper. Not every article in the 100 page News makes it to the online edition. Since the Daily News is not Pravda, you'd find that that does not suggest it is a "secret" article. Do you actually think I'd dredge up old news just to bash Mastro? I think Mastro is full of it and greedy as the day is long but I would hardly dredge up old news just to bash it. Are you kidding me?<br /><br />Very simple solution to this question. Let Doug Allen or Randy Mastro come out here and proclaim that they have ZERO knowledge that the FBI is currrently investigating Mastro. [Insert sounds of crickets chirping here]<br /><br />

Archive 07-09-2007 10:57 AM

Mastro Auctions Being Investigated by the FBI
 
Posted By: <b>leon</b><p>That article is a year old. Jay or anyone- do you see a year date anywhere?<br /><br /><br /><br /><br />Nothing like rehashing old news that wasn't ever proven...I still say...SHOW ME THE PROOF IT'S CURRENT......and then I will say ok...until then there is nothing, imo.....<br /><br />check this out and the year date stamp....<br /><br /><a href="http://www.nydailynews.com/blogs/iteam/memorabilia/" target="_new">http://www.nydailynews.com/blogs/iteam/memorabilia/</a>

Archive 07-09-2007 10:59 AM

Mastro Auctions Being Investigated by the FBI
 
Posted By: <b>leon</b><p>How do you know it's from today's paper?

Archive 07-09-2007 11:01 AM

Mastro Auctions Being Investigated by the FBI
 
Posted By: <b>Jeff Lichtman</b><p>BECAUSE I HAVE IT DELIVERED TO MY APT AND I LIVE IN NYC.

Archive 07-09-2007 11:01 AM

Mastro Auctions Being Investigated by the FBI
 
Posted By: <b>Charlie Barokas</b><p>Leon,<br /><br />Last year, July 8th was a Saturday.<br /><br />Charlie

Archive 07-09-2007 11:02 AM

Mastro Auctions Being Investigated by the FBI
 
Posted By: <b>jay behrens</b><p>Boy, if this doesn't reek of protecting an advertiser, I have no clue what does.<br /><br />Jay<br /><br />I love pinatas. You get to beat the crap of something and get rewarded with candy.

Archive 07-09-2007 11:04 AM

Mastro Auctions Being Investigated by the FBI
 
Posted By: <b>boxingcardman</b><p>Looks like the investigation is heating up, with multiple FBI interviews of people in the chain of events over recent weeks, which is what the thrust of the article was. The rehash was background for the readers who hadn't been following the story to date; not unusual for journalistic coverage of an ongoing story. I don't see any axe-grinding there.

Archive 07-09-2007 11:05 AM

Mastro Auctions Being Investigated by the FBI
 
Posted By: <b>Charlie Barokas</b><p>Jay,<br /><br />Is it possible that Leon is just not excited to believe that a major part of the hobby is invovled in a serious crime? If you love the hobby or make money in the business, this is not good news if they are convicted of a crime. <br /><br />Charlie

Archive 07-09-2007 11:07 AM

Mastro Auctions Being Investigated by the FBI
 
Posted By: <b>leon</b><p>Good enough...it's been going on for a year and nothing has been found...SO now the same old thing has been printed again....If something has been proven please let us know. You really seem like you have it out for Mastro but there are only allegations. Too bad there isn't something with some meat on it....You would really go to town....and if there is proven to be something with meat on it...I will be the first to say...shame on them...so far...nadda...<br /><br />Jay- I am about done responding to you as there isn't anything else to say. You don't know the difference between protecting and defending. I will defend what I feel is right. I won't protect anyone....sheesh...

Archive 07-09-2007 11:08 AM

Mastro Auctions Being Investigated by the FBI
 
Posted By: <b>barrysloate</b><p>Joe- I know what you are saying, and a consignor can always ask a friend to bid for him. Nothing I can do about that. It's indefensible. I won't go there, even if I suspect something, because if I am wrong I will lose a customer for nothing. There is only so much you can really do.

Archive 07-09-2007 11:08 AM

Mastro Auctions Being Investigated by the FBI
 
Posted By: <b>Jeff Lichtman</b><p>Charlie, would it bother you if a major part of the industry was involved in shill bidding or the altering of cards in order to get higher PSA grades upon re-submission?

Archive 07-09-2007 11:09 AM

Mastro Auctions Being Investigated by the FBI
 
Posted By: <b>peter chao</b><p>Guys,<br /><br />This is not any old auction house they are investigating, this is the top of the line, they are questioning the integrity of Mastro Auctions.<br /><br />Peter

Archive 07-09-2007 11:10 AM

Mastro Auctions Being Investigated by the FBI
 
Posted By: <b>Charlie Barokas</b><p>Jeff,<br /><br />Yes. I have spent alot of money in Mastro's auctions. If I was getting run up, I would hire you to get some money back. I am still getting checks from the Market Makers from the money they stole from me back in the old Hedge Fund days.<br /><br />Charlie<br /><br />Edited to add a "t" in Mastro's.

Archive 07-09-2007 11:11 AM

Mastro Auctions Being Investigated by the FBI
 
Posted By: <b>Jeff Lichtman</b><p>Leon, if I had it personally out for Mastro I wouldn't win cards in each and every auction they conduct. Can't I be critical of an auction house that I do business with? If I only bid in auctions that I didn't believe were at all crooked, I'd be stuck buying all of Hal's cards in Barry's auctions. <img src="/images/happy.gif" height=14 width=14>

Archive 07-09-2007 11:13 AM

Mastro Auctions Being Investigated by the FBI
 
Posted By: <b>barrysloate</b><p>What's wrong with that? Actually, at this point you are too late. They are all gone!


All times are GMT -6. The time now is 04:54 AM.