View Single Post
  #15  
Old 04-03-2013, 02:57 PM
lharri3600 lharri3600 is offline
Larry Harris
Banned
 
Join Date: May 2009
Location: New York
Posts: 1,433
Default

That a boy, blame the victims!! That's the American way I guess)
.
Auction houses earn their money by charging buyers and consigners a percentage of the final price of an item they sell, and DePodesta’s filing said numerous consigners helped Mastro jack up the prices of items in his auctions.

Bidders played a role, too, the document said: “Many potential bidders knew or should have known that shill bidding was present in the auction, but were willing to pay an inflated value of an item in order to own it.”

Read more: http://www.nydailynews.com/sports/i-...#ixzz2PR5ck5RX
Reply With Quote