Ashamed - Topps T206 Buy Back Fraud

[Leon]

FYI, Larry admitted to me yesterday that he did 75-80 of these. That is around 10x what he had admitted to me on the 2 previous calls. Not sure if I want to speak with him again. And yes, the MO was at least partly, "no one will ever think to look for these measly amounts". Another just brought to my attention...



http://jvscauctions.com/LotDetail.as...ntoryid=37005#

http://www.ebay.com/itm/1909-1911-T2...p2047675.l2557


.

[the-illini]

With ~80 of these, at $15 profit per card (hypothetically) you are over 1k in money made off of scamming people.

Not on par with a Mastro-shill bid scandal but its not inconsequential either.

Originally Posted by Leon

FYI, Larry admitted to me yesterday that he did 75-80 of these. That is around 10x what he had admitted to me on the 2 previous calls. Not sure if I want to speak with him again. And yes, the MO was at least partly, "no one will ever think to look for these measly amounts". Another just brought to my attention...



http://jvscauctions.com/LotDetail.as...ntoryid=37005#

http://www.ebay.com/itm/1909-1911-T2...p2047675.l2557


.

[Peter_Spaeth]

Originally Posted by Leon

FYI, Larry admitted to me yesterday that he did 75-80 of these. That is around 10x what he had admitted to me on the 2 previous calls. Not sure if I want to speak with him again. And yes, the MO was at least partly, "no one will ever think to look for these measly amounts". Another just brought to my attention...



http://jvscauctions.com/LotDetail.as...ntoryid=37005#

http://www.ebay.com/itm/1909-1911-T2...p2047675.l2557


.

If you do talk to him again, the number may keep going up.

[botn]

Originally Posted by Leon

FYI, Larry admitted to me yesterday that he did 75-80 of these. That is around 10x what he had admitted to me on the 2 previous calls. Not sure if I want to speak with him again. And yes, the MO was at least partly, "no one will ever think to look for these measly amounts". Another just brought to my attention...



http://jvscauctions.com/LotDetail.as...ntoryid=37005#

http://www.ebay.com/itm/1909-1911-T2...p2047675.l2557


.

I find it very hard to believe that Larry's latest admission is remotely close to what the reality is. He was identified by Jantz in 2009 doing this. So he only did 10+ of these a year if Sept of 2009 was the first time he did this? I am sure the number is significantly higher than 75-80. I really do not see him as remorseful as much as scared.

And while it is great that buyers who are on Net54 and now aware of this will have an opportunity to send these fakes back to Larry for a refund, there are probably many others who don't know they are sitting on a Lharri special.

[celoknob]

If you search his ebay seller feedback there are 149 feedbacks left for Topps buyback cards. That is just on ebay and only the people who left feedback. It doesn't mean that all 149 were fraudulent, but I wouldn't feel very confident that any particular one was a Topps product.