Mastro and Allen Indicted

[calvindog]

Originally Posted by RUSH2112

American justice is almost comical when seen from a distance.

MF Global's Jon Corzine can't account for $1.6 billion of investors money and still enjoying the good life and yet the Feds are going after some guy that misrepresented an old baseball card and supposedly did some shill bidding on items consigned to his auction house. There are hundreds of Wall street crooks that should be served with papers ahead of these guys.

He's already paid the price for his mistakes as far as I am concerned.

Yes, this makes a lot of sense. And I just lost 5 IQ points reading this post.

[Runscott]

Originally Posted by calvindog

Yes, this makes a lot of sense. And I just lost 5 IQ points reading this post.

We can't consider your measly 5 IQ points, until after we've dealt with the guys like me who lost 10-20.

[Brian Van Horn]

Now, for the obvious question:

Will this lead to an additional investigation of Legendary Auctions?

[travrosty]

no one said 'boom goes the dynamite' yet, so i just thought i would just get that out of the way.

[travrosty]

I think the phrase about the Wagner being trimmed and Mastro allegedly knowing this would only be part of the investigation and indictment release if the Feds have a plan to prove it was trimmed, otherwise why mention it? If they can prove it was trimmed, I think psa is in a conundrum. Would they then have to admit it is an "Authentic" or would they still stand by an 8? Would the Wagner get subpoenaed? That would be something.

[lharri3600]

knowing psa they will stand by it. didn't the guy who graded the card state it was trimmed?

Originally Posted by travrosty

I think the phrase about the Wagner being trimmed and Mastro allegedly knowing this would only be part of the investigation and indictment release if the Feds have a plan to prove it was trimmed, otherwise why mention it? If they can prove it was trimmed, I think psa is in a conundrum. Would they then have to admit it is an "Authentic" or would they still stand by an 8? Would the Wagner get subpoenaed? That would be something.

[ruth-gehrig]

http://www.net54baseball.com/showthread.php?t=154464

[Bicem]

Originally Posted by Brian Van Horn

Now, for the obvious question:

Will this lead to an additional investigation of Legendary Auctions?

whoa, come on now, completely different company.

[calvindog]

But since Doug Allen was involved, fraud was still afoot.

[Brian Van Horn]

For some (not saying me), the following clip may sum it up:

http://www.youtube.com/watch?v=SjbPi00k_ME

[tbob]

Originally Posted by Brian Van Horn

For some (not saying me), the following clip may sum it up:

http://www.youtube.com/watch?v=SjbPi00k_ME

Touche! LOL

[Exhibitman]

Originally Posted by calvindog

But since Doug Allen was involved, fraud was still afoot.

allegedly...

Anyhow, it's not like being a convicted felon has ever prevented anyone from running an auction house. If Memory serves me well, that is. Or am I driving in the wrong Lane?

[T206DK]

Originally Posted by exhibitman

allegedly...

Anyhow, it's not like being a convicted felon has ever prevented anyone from running an auction house. If memory serves me well, that is. Or am i driving in the wrong lane?

lol !

[FrankWakefield]

OldJudge, as for a trial timeframe, I'd think sometime between Jan 2013 and Sept 2013, as things now stand. And things are fluid. I doubt additional charges would be brought before trial, this seems something to which thought was given, so I'd think it's been thought through. And, a trial isn't a certainty...

Help friends, help strangers who need help... but don't throw a boat anchor to a drowning enemy. If that enemy deserves bad, then it will find him, without you getting involved. Don't tempt Karma... I wish them all well with it. I long for the days before grading, card investing, and the like; when cards were affordable and there was little incentive to trim or doctor a card.

[shelly]

The King is dead. Long live the King. It is really easy to hope someone goes to jail or even dies for the mistakes they made. It is amazing to me just how quick you can go from great to a piece of garbage. I think some of you might remember when Mastro was the king and you where his subjects.

I am more interested in all the people that authenticated for the King. Those are the people that allowed his royal subjects to buy and buy and buy. The card was always known to be a joke. Read the book or better yet play dumb.

Mastro, like me, has already cut a deal. I can tell you that none of you are going to be happy. BigJJ is wrong. Federal is a lot better than state. I know. He will go to a camp and do his time. He did not kill, rape or sell drugs to anyone. He did what many of you know. He lied cheated and defrauded people. This will pass like most things until the next guy gets arrested. Then the outrage will begin again. Welcome to Net 54. Shelly Jaffe net 54 member Leon wanted to make sure who posted this.

[cobblove]

If the feds asked SGC to give there opinion on the PSA 8 wagner would it matter? In 2001 an SGC employee told me the story about how the wagner was trimmed yet PSA graded it. That is an authenticator respected by the hobby. Would that hold water in court, SGC vs PSA in a way. Just a thought. How could the feds prov the card was trimmed unless they have video tape of someone cutting the card. How could they prove this. It is a rumor thats rung through our hobby for years. If he is proven not guilty in the end should we think the wagner was never trimmed?

[cobblove]

Sounds like this card will have an * next to it.



Sad to see $ made this happen.

[ElCabron]

This is devastating to me. My world has just been turned upside down. Along with Dave Kohler and Jerry Sandusky, there is no one I trust more than Doug Allen.

Can we assume additional indictments for shill bidding will follow shortly?

-Ryan

[peterose4hof]

Originally Posted by NoizeBringer

Can we assume additional indictments for shill bidding will follow shortly?

-Ryan

"Shortly" I don't think so. These cases take years and years to build.

I would say yes, eventually.

[ElCabron]

It's been several years for those cases, too. I don't want to be greedy, but another round would be nice.

-Ryan

[Jlighter]

Originally Posted by NoizeBringer

This is devastating to me. My world has just been turned upside down. Along with Dave Kohler and Jerry Sandusky, there is no one I trust more than Doug Allen.

Can we assume additional indictments for shill bidding will follow shortly?

-Ryan

What did Dave Kohler do, I actually have no idea.

[bijoem]

Originally Posted by Bicem

whoa, come on now, completely different company.

hahaha. lol.