Final bid on witch's diaper on C.C.

sports-rings · #1 06-23-2009, 02:13 PM

Canjond,

I don't know anything about this stuff so I appreciate your response. If say, 50 - 75 million was for forgeries and the owners (kind of like Madoff, purchased assets such as real-estate, cars, collectibles, retirement funds, etc.) would'nt the lawyers be able to seize this since it was purchased by way of fraud?

A mailing could be sent to everyone on the CC list who purchased items or the law firm can purchase advertisements to appear (yes I realize the irony here) in SCD and other places, inviting people to be part of the class action. I imagine all you would need is the item, a bill of sale and the CC certification.

canjond · #2 06-23-2009, 03:23 PM

Quote:

Originally Posted by sports-rings.com

Canjond,

I don't know anything about this stuff so I appreciate your response. If say, 50 - 75 million was for forgeries and the owners (kind of like Madoff, purchased assets such as real-estate, cars, collectibles, retirement funds, etc.) would'nt the lawyers be able to seize this since it was purchased by way of fraud?

A mailing could be sent to everyone on the CC list who purchased items or the law firm can purchase advertisements to appear (yes I realize the irony here) in SCD and other places, inviting people to be part of the class action. I imagine all you would need is the item, a bill of sale and the CC certification.

If there was anything left to seize but chances are the cash is gone.

69Cubfan · #3 06-23-2009, 08:50 PM

The problem with trying to get everyone together to bring in to a courtroom what may or may not be fake is that the lawyers would not be able to prove that this item is the exact item as described on C.C.'s generic COAs. Unless C.C. had changed their proceedures, I believe they never put a hologram on their items, therefore it would be very easy for them to say that that was not the exact item they had sold and you could not prove it was. For years, they sold all those non-pictured items that noone ever had a chance to inspect, so its your word against theirs. Also, how many times has that item been bought and sold since it was won in the original auction, so the new owner may not even know it came from C.C. unless the COA came with it, and by then the original bill of sale is long gone. The main problem is you will always have people buying bad stuff because the bottom line is they think they are getting a good deal. And as long as people are willing to shell out good money for bad items, C.C. will continue to operate which is very unfortunate.