New lawsuit accuses PWCC of massive shill bidding

[Yoda]

Originally Posted by Section103

There are few things in life I can count on, but a legal discussion on Net54 ~always~ has that "je ne sais quoi" quality.

9:22 is too early to start drinking bourbon and Im mad as hell about it.

How about 9:23?

[raulus]

Maybe to tie some of these disparate discussions together a little bit, it seems like there have long been allegations against PWCC for various bad acts. Everything from consorting with/facilitating card doctors to shill bidding. While there were some prior investigations that appear to have fizzled out, to my knowledge, nothing has been proven in court, although some among us seem pretty convinced of PWCC's guilt on some of these counts, with a few of us being full-throated defenders of PWCC. Not sure I fully follow the reasons for this strong defense from Snowman and BobbyVCP, except that they seem to be more focused on extolling the virtues of the legitimate aspects of PWCC's business.

Certainly I have nothing personally to go on in terms of PWCC's guilt, although the chorus of allegations and a lot of the details provided in other threads is definitely troubling, to the point where it's not hard to imagine that at least some of the allegations could be true. But to BalticFox's point, PWCC has the right to presumed innocence, and at the moment the claims in this suit don't have much support introduced into the record, although that could change as the process unfolds.

Just like Peter, I am eager to see what evidence is presented in connection with the case. With any luck, it will help to shed a little more light on what was happening at PWCC. Hopefully any sources and testimony provided will be high quality, rather than mere conjecture or innuendo. And hopefully we're not just left to keep guessing if it gets settled before any additional evidence can be introduced.