View Single Post
  #27  
Old 11-19-2014, 08:58 AM
tschock tschock is offline
T@yl0r $ch0ck
Member
 
Join Date: Apr 2010
Location: NC
Posts: 1,391
Default

Quote:
Originally Posted by sports-rings View Post
Well, it does matter if the letter is true and Mastro and his goons concocted a scheme to not auction the cards properly, obtain the cards below market value due to fraud and then sell them at a profit.
My 2 cents but I'll gladly let the lawyers speak to correct me. (assuming what the was in the letter was accurate)

I believe the fraud was committed on the purchase, not on the sale. The sale would not even had to have taken place in order for fraud to have been committed. My guess would be the sale only makes the intent to defraud more 'provable'.

Fraud would have been committed on the sale if the sellers purported the item to be something it was not, which I don't believe happened here (assuming card was unaltered, etc). So in this case, it doesn't matter what the card sold for. Nor would it at any re-sale of any item, assuming fraud is not involved in the actual SALE of the item itself.
Reply With Quote