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#51
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Mastro Auctions Being Investigated by the FBI
Posted By: Jim Dale
Looking at the article provided above it would appear a disgruntled buyer has gotten the governments attention. I wonder how much the government (FBI) really wants to look into shill bidding? My guess is they have more important things to do, but the one client might have some pull with someone. |
#52
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Mastro Auctions Being Investigated by the FBI
Posted By: scott fandango
Leon..."Depending on what is being done it's either bad or doesn't matter. That's quite a vague statement. We know some auction houses allow bidders to bid on their own stuff....as has been talked about before. They just have to pay the fees if they win. Did anyone hear that people think the PSA8 Wagner is trimmed?" |
#53
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Mastro Auctions Being Investigated by the FBI
Posted By: leon
Jon- ok maybe it's a secret article. It can't be seen unless you buy the hardcopy. No one has seen the hardcopy or shown a real scan of it in today's paper. Again, I guess it's a secret. |
#54
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Mastro Auctions Being Investigated by the FBI
Posted By: Jim Dale
Well if nothing else you have to admit there are some neat political ramifications \ implications here. The last paragraph notes that one of the Mastro brothers was Rudi Guilianis' deputy mayoy....does Rudi collect cards....I smell a scandal I mean come on this is closer to a scandal then Libby's recollection? |
#55
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Mastro Auctions Being Investigated by the FBI
Posted By: Charlie Barokas
Does anybody really think that for $300 a month, Leon wants to be the Behren's constant verbal pin cushion? |
#56
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Mastro Auctions Being Investigated by the FBI
Posted By: jay behrens
Nice of you to crawl out from under your slimy rock, Charlie. |
#57
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Mastro Auctions Being Investigated by the FBI
Posted By: ScottIngold
Your not serious about that Leon. Are you ? |
#58
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Mastro Auctions Being Investigated by the FBI
Posted By: Charlie Barokas
Jay, |
#59
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Mastro Auctions Being Investigated by the FBI
Posted By: leon
I posted about 20 times...what are you referring too? Most likely I am serious about whatever I said....unless of course it was tongue in cheek... |
#60
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Mastro Auctions Being Investigated by the FBI
Posted By: Jim Dale
Leon there was a hard scan of the article posted above on the guys web site: |
#61
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Mastro Auctions Being Investigated by the FBI
Posted By: jay behrens
sadly, my limited budget and lack of vacation time will keep me from being there. I won't be able to make it next year either since I will have to travel to Italy to attend my son's graduation. |
#62
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Mastro Auctions Being Investigated by the FBI
Posted By: leon
Sorry, until I see it in printed form somewhere else I won't believe it's current news. As a matter of fact I am about 95% sure it's old news. NO ONE has shown a full date of the article yet or where it's printed today. I am very skeptical but if shown it is in fact printed somewhere as of July 8,2007, and is an ongoing investigation, I will come back and say I was incorrect. SO far I am not...and NO ONE has proven it. thanks again |
#63
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Mastro Auctions Being Investigated by the FBI
Posted By: Steve
http://forums.collectors.com/messageview.cfm?catid=11&threadid=595473&STARTPAGE=1 |
#64
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Mastro Auctions Being Investigated by the FBI
Posted By: Joe D.
What is the date of the NY Daily News article you are referring to? |
#65
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Mastro Auctions Being Investigated by the FBI
Posted By: jay behrens
Leon, look again at Richard's side and look at the right side of the article, you will see the date there. |
#66
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Mastro Auctions Being Investigated by the FBI
Posted By: Jeff Lichtman
Leon, I thought made it clear in my initial post that the article is from TODAY's paper. Not every article in the 100 page News makes it to the online edition. Since the Daily News is not Pravda, you'd find that that does not suggest it is a "secret" article. Do you actually think I'd dredge up old news just to bash Mastro? I think Mastro is full of it and greedy as the day is long but I would hardly dredge up old news just to bash it. Are you kidding me? |
#67
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Mastro Auctions Being Investigated by the FBI
Posted By: leon
That article is a year old. Jay or anyone- do you see a year date anywhere? |
#68
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Mastro Auctions Being Investigated by the FBI
Posted By: leon
How do you know it's from today's paper? |
#69
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Mastro Auctions Being Investigated by the FBI
Posted By: Jeff Lichtman
BECAUSE I HAVE IT DELIVERED TO MY APT AND I LIVE IN NYC. |
#70
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Mastro Auctions Being Investigated by the FBI
Posted By: Charlie Barokas
Leon, |
#71
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Mastro Auctions Being Investigated by the FBI
Posted By: jay behrens
Boy, if this doesn't reek of protecting an advertiser, I have no clue what does. |
#72
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Mastro Auctions Being Investigated by the FBI
Posted By: boxingcardman
Looks like the investigation is heating up, with multiple FBI interviews of people in the chain of events over recent weeks, which is what the thrust of the article was. The rehash was background for the readers who hadn't been following the story to date; not unusual for journalistic coverage of an ongoing story. I don't see any axe-grinding there. |
#73
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Mastro Auctions Being Investigated by the FBI
Posted By: Charlie Barokas
Jay, |
#74
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Mastro Auctions Being Investigated by the FBI
Posted By: leon
Good enough...it's been going on for a year and nothing has been found...SO now the same old thing has been printed again....If something has been proven please let us know. You really seem like you have it out for Mastro but there are only allegations. Too bad there isn't something with some meat on it....You would really go to town....and if there is proven to be something with meat on it...I will be the first to say...shame on them...so far...nadda... |
#75
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Mastro Auctions Being Investigated by the FBI
Posted By: barrysloate
Joe- I know what you are saying, and a consignor can always ask a friend to bid for him. Nothing I can do about that. It's indefensible. I won't go there, even if I suspect something, because if I am wrong I will lose a customer for nothing. There is only so much you can really do. |
#76
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Mastro Auctions Being Investigated by the FBI
Posted By: Jeff Lichtman
Charlie, would it bother you if a major part of the industry was involved in shill bidding or the altering of cards in order to get higher PSA grades upon re-submission? |
#77
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Mastro Auctions Being Investigated by the FBI
Posted By: peter chao
Guys, |
#78
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Mastro Auctions Being Investigated by the FBI
Posted By: Charlie Barokas
Jeff, |
#79
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Mastro Auctions Being Investigated by the FBI
Posted By: Jeff Lichtman
Leon, if I had it personally out for Mastro I wouldn't win cards in each and every auction they conduct. Can't I be critical of an auction house that I do business with? If I only bid in auctions that I didn't believe were at all crooked, I'd be stuck buying all of Hal's cards in Barry's auctions. |
#80
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Mastro Auctions Being Investigated by the FBI
Posted By: barrysloate
What's wrong with that? Actually, at this point you are too late. They are all gone! |
#81
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Mastro Auctions Being Investigated by the FBI
Posted By: jay behrens
Charlie, that may well be true, but Leon, as a person that takes money from advertisers, needs to understand that when comes out and continually tries to downplay or dismiss everything bad that comes up about one of his advertisers, he opens himself up to criticism and loss of credibility, especially since he claims that the money he takes from advertisers doesn't influence his objectivity. |
#82
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Mastro Auctions Being Investigated by the FBI
Posted By: leon
First of all I started a new thread with this post so I deleted it quickly....I messed up operationally..... |
#83
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Mastro Auctions Being Investigated by the FBI
Posted By: Charlie Barokas
Honest auto-bid should be mandatory. Why do auctioneers need to see secret auto-bids? |
#84
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Mastro Auctions Being Investigated by the FBI
Posted By: peter chao
This is a bonafide class action here, guys. The FBI needs to establish the time frame of the auctions and the lots that were shilled. In other words are we talking about one lot or all the lots. Then anybody that won one of the auctions would be part of the class. If any of you have any questions on how a class auction would proceed, feel free to contact me. I've done a few in my time. |
#85
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Mastro Auctions Being Investigated by the FBI
Posted By: Dan
The funny thing is, you all crucified Steve Verkman and stated how "screwed up" his auctions are and that you would never bid on his items due to a problem he had with one item (the now famous Ruth Calendar). |
#86
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Mastro Auctions Being Investigated by the FBI
Posted By: DR
An auction house Code of Ethics disclure policy publicly confirmed in writing! |
#87
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Mastro Auctions Being Investigated by the FBI
Posted By: P Spaeth
Funny typo there Pete C. |
#88
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Mastro Auctions Being Investigated by the FBI
Posted By: Jeff Lichtman
Leon, sadly the FBI does not keep me in the loop in their investigations. If only... |
#89
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Mastro Auctions Being Investigated by the FBI
Posted By: jay behrens
Protecting...defending...it's all semantics. When you get right down to it, it's still the same thing and makes you look bad because claiming the ad money doesn't influence you. |
#90
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Mastro Auctions Being Investigated by the FBI
Posted By: Bobby Binder
In regards to this "Honest Bid" in reality how do the bidders know or not whether the auction house can see what they have bid. There is no way that it can be proven and just because it says "Honest Bid" they are suppose to believe it. I think it is a crook.. |
#91
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Mastro Auctions Being Investigated by the FBI
Posted By: Jeff Lichtman
Bobby -- bingo! |
#92
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Mastro Auctions Being Investigated by the FBI
Posted By: Frank Evanov
Let's set some things straight. Here is the article from today's NY Daily News. It is new...it is real. It indicates that the company trying to recover the State of Ohio's lost funds has deferred their investigation to the FBI. The issues of consignor's bidding on their own lots and Mastro shill bidding are under scrutiny. "No comment" has been the FBI's and Mastro's response. I am sure we will hear more. |
#93
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Mastro Auctions Being Investigated by the FBI
Posted By: jay behrens
Frank, you are going to get in trouble with Leon, because the way the scan is cropped, it could be a July 6, 2001 article |
#94
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Mastro Auctions Being Investigated by the FBI
Posted By: Jeff Lichtman
Since Doug has no problem talking to the media about the allegations I'm sure he won't have a problem coming out here and telling us that he has ZERO knowledge that the FBI is investigating these shilling allegations. |
#95
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Mastro Auctions Being Investigated by the FBI
Posted By: leon
You are absolutely correct. It looks as though the investigation continues, according to Jeff, who read it in the paper (I wonder if O'keefe wrote the current article too?). If Mastro, or anyone, shill bids then they should be held accountable. So far it's a lot of people talking about allegations...makes for interesting conversation....So far I feel confident .....no proof...nadda...just a year old investigation... |
#96
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Mastro Auctions Being Investigated by the FBI
Posted By: Jeff Lichtman
Leon, how do you know that there is no proof for these allegations? Because no one has been arrested yet? |
#97
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Mastro Auctions Being Investigated by the FBI
Posted By: barrysloate
I think the whole Honest-Auction bid thing is overrated, and here's why: an auction is only as honest as the people running it. With my new software, as well as with my previous phone auctions, I have had access to every ceiling bid. Yet bidders still leave them liberally. And I have had lots go for half the max bids. Why? Because I take full responsibility for what goes on in my auctions. |
#98
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Mastro Auctions Being Investigated by the FBI
Posted By: Randy Trierweiler
Jay, what is your infatuation with Leon? You've been dogging him for years, including sinking to the lowest levels of human decency in your posts. (MGW). Is it jealousy? Why are you so negative all the time? There is no reward for it. Why do you hang out here dogging Leon, and Charlie, instead of trying to improve your own board? (Congratulations on the 13 total posts on your board yesterday, by the way). I can't help but to feel sorry for you man, How can anybody be that negative for so long? I hope you find happiness some day. |
#99
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Mastro Auctions Being Investigated by the FBI
Posted By: Charlie Barokas
Barry, |
#100
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Mastro Auctions Being Investigated by the FBI
Posted By: leon
Nice to see the article was written by someone so impartial? Like I say, a year old reprinted article today, about a year old investigation. Show me the meat baby !!!! |
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