Doug Allen to plead guilty.....
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I wonder how this impacts Legendary Auctions? |
But I have emails from Doug in which he denied shill bidding or committing any fraud in the hobby. And I have a phone message he left me denying the same! He assured me he would never engage in fraud and that I could be comfortable in bidding in his auctions! I'm stunned!
Well, I never saw this one coming I can tell you that. |
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Bad timing for him. Smack dab in the middle of the National. Yikes.
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Wonder why their stuff keeps bringing tons of money?? A lot of collectors evidently still trust and believe in them...
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Remember what PT Barnum said?
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Addicts don't care where they score.
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Mr. Allen won't be the first boss to continue to run his organization from federal prison
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Boy this hobby sure needs to be cleaned up. Its like the bank mess these big auction houses think there to big to fail
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My cynical opinion is:
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I doubt anyone could out-do Steven Cummings' scathing letter to the court about Mastro which was penned back in early 2013. |
I bid in Legendary Auctions once. I have stated it before on this board. I will never bid in another Legendary Auction. Once was enough.
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None.
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lol
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Every one of them has had their legal issues.
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So instead you deal with all the solid citizens on Ebay?
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Duplicate post--sorry
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If Billy and Doug end up in the same minimum security joint, we should try to organize a card show there - a sort of conjugal card show? Bring all of our reprints, trimmed, bleached...
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As Doug (or anyone for that matter) surveys the landscape of this wondrous hobby, is there any reason for him to assume he won't be welcomed back with open arms as long as he can put his hands on the goods?
In a word, no. |
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I suspect that wont happen though. |
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Doug and Bill will be on supervised release once they leave prison. If they violate their terms of release -- such as committing fraud -- they could be returned to prison. I'm certain they will be closely watched upon release. That at least one or both of them cooperated or attempted to cooperate against any and everyone in the hobby that they could have should at least give would be co-conspirators some pause upon dealing with them again, however. Because obviously anyone who would not only steal from their friends but them try to put their friends in prison is not someone most sane people would want to go near.
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Why did the guys running the National let these guys run a live auction let alone have a booth. I would be afraid the government would cease the stuff and the auction winners would never get there items. Totally wrong that these guys were even a loud in the building. Wish I was a fly on the wall at there booth to see what comments were said as people went by
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To quote the great line from Ben Hur, "bravely spoken." :eek:
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I was not at the National this year, but if it was like years past, they ran their auction independent of the actual National. They rented a space in Cleveland to hold their event. The organizers of the National can't stop that.
JimB |
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At the show Allen and Theotkis were chasing collectors like an ugly girl at a Sadie Hawkins dance. It was pretty funny to watch.
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Being blunt Legendary Auctions is a business run by a handful of now well documented crooks who spun off from another now well documented crook/crooks. Who cares what happens to these guys, let alone the shell they operated their crimes under or were linked too. We all should be furious about this or at the very least just be happy we got our winnings/paid on consignments drop the mic and move on from these jack wagons. They on the other hand should pay the price for preying on their clients who trusted them, and the hobby that gave them the opportunity to make a great living. Not a lot of folks get the chance these guys did in life. Such a shame greed had to have them piss it away. I can’t even figure why anyone would want to be friends with these guys now. Let alone wonder or think about what happens to their business. Just my two cents… |
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Like you, my hope is that Legendary is now out of business permanently and not run by some puppet management until Allen and company return from the hoosegow. |
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