Mastro and Allen Indicted

[irishdenny]

Originally Posted by barrysloate

You can't have the most famous and most valuable card in the hobby remain a sham. It's not an 8 and never was. It's time for it to be reholdered.

It's very possible the current owner would refuse to do it, as is his prerogative. Or maybe he bought it because he wanted to own the best baseball card in existence, and now he will realize it isn't. So PSA or the seller or the previous owner has to compensate him big time, and then he can have it reholdered. It's still a gorgeous card and would sell for a whole lot of money. But not for millions, and not as a NR MT/MT.

If the hobby is to be purged of all this garbage, that card has to be a part of it.

I have to say that this quote brought me to a cheering, applauding roar! I felt like I was in the thick of one of Mcgreevy's Spirited Speeches. Standing in the middle of Boston's 3rd Base pub with a pint in hand as Barry... Ahhmm, I mean McGreevy, sprayed the best ale all over anyone in his speaking path as he carried out this victorious volley of wisdom.

Nuf Ced...

[calvindog]

More investigations and arrests will clean the hobby up, unfortunately. Too much money to be made by fraud; the criminals need to believe there is a good chance they'll get caught and punished. End of story.

[Wymers Auction]

Originally Posted by calvindog

More investigations and arrests will clean the hobby up, unfortunately. Too much money to be made by fraud; the criminals need to believe there is a good chance they'll get caught and punished. End of story.

Now if they would go after Coaches Corner.

[T206DK]

Originally Posted by Wymers Auction

Now if they would go after Coaches Corner.

I am betting this is not the only high profile set of indictments that we will hear about. back in 2007-8 is the first I heard of this investigation. This may just be the tip of the iceberg so to speak.

[travrosty]

probably right, when they agree to cooperate, like mastro did, they are required to tell ALL about what they know about illegal activity 100%, no holding back. and the feds are serious about it. wayne bray had to spill the beans about everything he knew, and they made him aware that they werent going to tolerate him holding back. I am sure mastro was a wealth of information.

[Leon]

Originally Posted by travrosty

probably right, when they agree to cooperate, like mastro did, they are required to tell ALL about what they know about illegal activity 100%, no holding back. and the feds are serious about it. wayne bray had to spill the beans about everything he knew, and they made him aware that they werent going to tolerate him holding back. I am sure mastro was a wealth of information.

How are they going to "require" someone to tell all? Maybe water boarding?How are they going to know if there is a shred of info not being told? My guess is the Feds base their decisions on what info is gained, not what is not gained. My understanding is that there are quite a few ex-employees that have given information. I think that is where a lot of it comes from....oh, and the subpoena's handed out....those probably rake in bit of info too. And the authorities probably talk to a lot of people in the hobby who aren't right in the middle of the issues. But these are all just educated guesses and maybe a tiny bit of first hand knowledge. As I told a good friend a few days ago, if I know something bad in the hobby, I have no issue sharing that with the proper authorities. I truly want this to be as clean of a hobby as is possible. I hope all of my friends feel the same way.

[Peter_Spaeth]

I think all Travis means is that if the Feds believe Bill isn't fully cooperating, they may not be lenient with him, and that would incentivize him not to hold back.