Mastro Auctions in the News

[calvindog]

Doug, everything that you say above and have said publicly and privately about your years of fraud you have committed at both Mastro and Legendary Auctions is a joke. You brought a simple collection matter, leaked it to the Daily News and then did all that you could to delay the litigation including moving for a change in the judge and ultimately abandoning the case on behalf of Ketap (Mastro successor company). As late as a few weeks ago Ketap was still demanding 300K from Dave to settle -- which was met with laughter. Furthermore, you made very clear that you believed the Goudey not to be trimmed and told Dave you would try to get it slabbed by PSA. In fact, Ketap (of which you are the President) tried to settle the case without giving the Goudey back--we were told you had lost it. When Ketap was told there would be no settlement without the card, it miraculously appeared and was returned. I would love to rifle through your sofa cushions and see what else turns up.

Furthermore, to suggest that you didn't pay any compensation to settle the case is absurd. You abandoned a 400K debt of Dave's -- OF WHICH WE PUBLICLY CLAIMED HE PARTIALLY OWED -- to settle the case. That's called compensation, Doug.

Finally, as we both know you have also engaged in serious fraud at Legendary while under criminal investigation in connection with Mastro Auctions. The chickens are coming home to roost -- and it could not happen to a more deserving guy.