[36GoudeyMan]

A key element of fraud is that the perpetrator tries to ensure that his victim is uninformed or falsely informed. LOTG, from what I can tell, made disclosures in as timely a manner as it could under the circumstances. I believe that it is appropriate to make disclosures, fully and timely whenever possible, and allow the informed buyer/bidder to make an informed judgment about whether or not he/she/they want to bid, retract the bid, or something else. The key here is that the bidders were informed in time to make informed judgments about their bids. Why should the bidders be deprived of the chance to bid on the lot(s) once they were told the updated, more complete information by LOTG? Why should the prospective buyers be deprived of the opportunity to be (and act like) informed buyers? LOTG did what they could; they acted proactively; they did nothing wrong here.