Maestro pleads guilty, faces 2 1/2 years in prison

[christopher.herman]

"According to the plea agreement, when Mastro bought the Wagner card in 1986, it had bowed boarders, rendering it less valuable. Mastro “personally cut the side borders…using a paper slicing machine,” then sold it without disclosing the alterations, the filing stated."

I guess that settles that.

[CaramelMan]

think he got off easy ..

dude stole Millions from us collectors

[sago]

Will Joe Orlando issue a statement?

[Cardboard Junkie]

Even his silence would be a big statement now.

[Wite3]

Would love to see the deposition now...does Bill Mastro say that Joe Orlando knew the card was trimmed before it was encapsulated? If so, is Joe now on the hook for a similar fraud case...can you have accessory to fraud? I know the current owner would not return it to PSA for a refund but could he sue for damages between the current value of a trimmed Wagner and the value of his purchase? Lots of questions still to be answered.

Joshua

[Leon]

Originally Posted by Wite3

Would love to see the deposition now...does Bill Mastro say that Joe Orlando knew the card was trimmed before it was encapsulated? If so, is Joe now on the hook for a similar fraud case...can you have accessory to fraud? I know the current owner would not return it to PSA for a refund but could he sue for damages between the current value of a trimmed Wagner and the value of his purchase? Lots of questions still to be answered.

Joshua

If I am not mistaking (and I could be) I don't think Joe O was in charge at the time of the grading of the Wagner.

[barrysloate]

I recall David Hall making a statement to the effect that he was totally comfortable with assigning the card an 8 grade. Is he still cool with it?

[Leon]

Originally Posted by Leon

If I am not mistaking (and I could be) I don't think Joe O was in charge at the time of the grading of the Wagner.

With some newly obtained information, Joe O started with CU in the Summer of 1999. He took over running PSA in 2002. The card was graded approximately 7-8 yrs before he started with CU and over 10 yrs before he started running PSA. Joe was 19 and playing college baseball when the Wagner was graded. So those are the facts about the grading of the Wagner where Joe O is concerned. And I am told the current owner of the card is still very happy with it.

[dshapiroSF]

Luckey - you're spot on. Joe O would have been a sophmore in college at that point - still playing baseball.

[Sean1125]

Originally Posted by Wite3

Would love to see the deposition now...does Bill Mastro say that Joe Orlando knew the card was trimmed before it was encapsulated? If so, is Joe now on the hook for a similar fraud case...can you have accessory to fraud? I know the current owner would not return it to PSA for a refund but could he sue for damages between the current value of a trimmed Wagner and the value of his purchase? Lots of questions still to be answered.

Joshua

He won't be, he was offered a large sum of money in a certain time frame and did not take it.

[Fred]

Our whole hobby is a SHAM!!!

Finally, an admission to the fact that the Gretzky Wagner was ALTERED.

I can't wait until PSA comments. They probably won't. So, now how do we feel about the sham that's been exposed?

I wonder how the current owner of that Wagner now feels. Then again, that card has been nothing but notorious so it could actually add value to it.