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Old 04-10-2008, 03:36 PM
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Default Group purchases in REA, Mastro

Posted By: Phil B.

Corey- I think your advice is correct. It only takes one annoyed consignor or auction house to see posts of such planning and gloating and have a closer look taken at the goings on. It is sometimes said that the "appearance of impropriety is as bad as impropriety itself". Well, I sometimes say that anyway. To summarize this thread there are certainly gray areas and it can definitely be a slippery slope. What may start out as innocent "joint venturing" could, with a certain set of facts, fall into illegal conduct.

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