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Old 07-10-2007, 04:09 PM
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Default Mastro Auctions Being Investigated by the FBI

Posted By: peter chao

The old adage is "where there's smoke, there is fire." It's pretty simple, the Feds will indict only if they believe that they can convict. This is quite different than if Mastro is running a shilling operation. It is quite difficult in this situation to get sufficient evidence. There may be shilling going on but the Feds do not believe that they can convict and may never ask for an indictment.

For instance, almost everybody believes Barry was using steroids, but so far the Feds have not indicted. They are being held back only by the sufficiency of the evidence and not by whether they believe he took steroids.

Peter

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