shill bidding/compensation
Al Taubmann, a guy who owned a lot of America, went to prison after Christie's was found guilty of fixing prices.
I was among a number of individuals who received checks for being the javlin catchers in a Christie's East sports auction. I'm speaking of the BB Mag photo auction. It wasn't much money in case you are wondering.
Bill Mastro and the lads at Mastro's AH went to jail as well. Shill bidding. Nobody got compensated for their fraud, which went on for years.
John Rogers scammed EVERYBODY. He owed millions. Maybe the idiots at the banks who were snowed by his con got a small percentage of their loans back. I doubt if any memorabilia people received ten cents.
All this shill bidding and foolishness, which could make you think, "Hey things aren't what they seem,"....And the prices have never come down.
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