Quote:
Originally Posted by whitehse
There is a short article in todays Chicago Tribune that states Mastro "scammed hundreds of customers of Mastro Auctions by fraudulently jacking up prices on memorabilia through shill bids and hiding information that might have lowered the value of the merchandise."
It seems to me that with this admission there should be a hell of a lot more outrage in the collecting community.
http://www.chicagotribune.com/news/l...,7686120.story |
Agreed and it's always amazed me how collectors seem to causally accept this kind of behavior as just one of the inherent prices one pays for being in the hobby.
But in fairness, I'm sure a big part of the problem is identifying exactly who was victimized and for how much and on what items. Another problem besides discovery of the fraud and statute of limitations revolves around what does Mastro have in assets for restitution. My guess is not enough to redress what has been done.
I wonder what the latest is on Doug Allen and the other defendant(s)?