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Posted By: Michael Steele

Fact of life? Our society should not accept the pharse "Fact of Life" when fraud is prevalent. Shill bidding is fraud period (IMHO).

If a seller or consignor wants to reach a certain dollar level, start the auction at that level or state that there is a reserve that needs to be reached. Anything else with the intent to only raise the ending price in an open market is deceit. Plain and simple.