|
#251
|
|||
|
|||
Mastro Auctions Being Investigated by the FBI
Posted By: Bob
I think we should not be too quick to pull the trigger on Mastro. The FBI will investigate and it has been my experience that if an indictment results, they have the goods, but if not it will fade away. I echo the sentiments of a prior post that the feds (at least in this Circuit) rarely proceed in any case unless they believe they have an air tight case. While State prosecutors often file and even take cases to court which have holes and are shakey, the feds (again at least here) rarely do so. They are very slow to indict but when they do, they normally not only have pictures of the hand in the cookie jar, they have the jar and hand itself. If you don't have a legitimate 4th Amendment issue, you are generally scrod because they do their homework and are not sloppy. |
#252
|
|||
|
|||
Mastro Auctions Being Investigated by the FBI
Posted By: PSpaeth
Daniels' statement makes no sense to me. If his suit against Mastro was for misrepresentation, and presumably damages (difference between what he paid and what he got) or rescission, what difference would it make who else bid or how much? Probably if asked to produce this Mastro legitimately objected on relevance grounds. |
#253
|
|||
|
|||
Mastro Auctions Being Investigated by the FBI
Posted By: David Bowden
As a new member to this board I'm sure what I say has as much relevence to many members as a complete set of 1990 Donruss. When I first started being a lurker a few months ago there was an attempt by Leon to keep the board vintage related without all the bickering. I sent Leon an email thanking him because I wanted to learn about vintage and not learn about members personal attacks. I must say I was shocked to see Leons last post. I love that the forum owner posts but telling someone to shut up just made him look as bad if not worse than others.IMO I would figure he should be the most reasonable, but what do I know. This board has great people but they just don't seem to act it all the time. If there is an investigation than it is relevant to this board and should be talked about , if it was from last year or today. I have had enough of this and would like to get back to the hobby I enjoy. |
#254
|
|||
|
|||
Mastro Auctions Being Investigated by the FBI
Posted By: JimCrandell
Lawyers, |
#255
|
|||
|
|||
Mastro Auctions Being Investigated by the FBI
Posted By: Corey R. Shanus
Let's say there is an ongoing investigation. Presumably if Mastro Auctions did all these bad things, then ultimately there will be an indictment, trial and conviction. Can't we just in the meantime give them the presumption of innocence that in America any company/individual is entitled to? There will be plenty of time later if they are ultimately found guilty to express our views. |
#256
|
|||
|
|||
Mastro Auctions Being Investigated by the FBI
Posted By: Cobby33
I suspect that if the NY Daily News (or whatever paper is publishing the alleged investigation) is publishing untruths, it will be met with a lawsuit from the party about which it is writing. |
#257
|
|||
|
|||
Mastro Auctions Being Investigated by the FBI
Posted By: leon
I respect your thoughts and believe it or not my angst was because I do want to get back to talking about the hobby, not hearsay from a reporter. If there has been an investigation then it's been going on for a year with nothing yet to indict on...and the folks being investigated have never been questioned. Please continue if you want to .....I really am just frustrated and you should know that I won't squelch what anyone has to say if they put their name by it.......best regards |
#258
|
|||
|
|||
Mastro Auctions Being Investigated by the FBI
Posted By: Jim Dale
There is no reason to assume the FBI would notify the company. A lot of times federal warrants are issued to obtain records from businesses and that is often when they learn of a pending investigation. |
#259
|
|||
|
|||
Mastro Auctions Being Investigated by the FBI
Posted By: Josh Adams
Jim, |
#260
|
|||
|
|||
Mastro Auctions Being Investigated by the FBI
Posted By: peter chao
Could be Bill Mastro has been instructed by his attorney to simply not comment. Makes a lot of business sense. |
#261
|
|||
|
|||
Mastro Auctions Being Investigated by the FBI
Posted By: JimCrandell
Thanks Peter(and others) for the insights--guess the bottom line is entirely possible the investigation is going on and Doug does not know. |
#262
|
|||
|
|||
Mastro Auctions Being Investigated by the FBI
Posted By: peter chao
I suppose I've always had problems with what people consider hobby-related. I think of the all-star game as being hobby-related because they started before WWII. A clear definition would be helpful. I suppose there are people who think that this thread is only marginally related to the hobby. |
#263
|
|||
|
|||
Mastro Auctions Being Investigated by the FBI
Posted By: JimCrandell
Peter, |
#264
|
|||
|
|||
Mastro Auctions Being Investigated by the FBI
Posted By: Bob
What do you think of Leon's point that if there was really an FBI investigation of Mastro Auctions that the president would know about it?? Couldn't investigation be proceeding without knowledge of company?> |
#265
|
|||
|
|||
Mastro Auctions Being Investigated by the FBI
Posted By: leon
I can speak for myself, thank you. The first 2 sentences at the top of the page say what this forum is about...The farther we stray from that premise the less I like it....warm regards |
#266
|
|||
|
|||
Mastro Auctions Being Investigated by the FBI
Posted By: whitehse
Just a thought but do you think that Mr Mastro is avoiding all of this because he is on his way out of Mastro?? I have been told that he was bought out and is just waiting the final payment and he will no longer be a part of Mastro. This was told to me by someone who should know!! so do you think maybe he is just laying low, getting his money and running like a sissy!!?? |
#267
|
|||
|
|||
Mastro Auctions Being Investigated by the FBI
Posted By: peter chao
If you are not a reporter, you can give us your source. |
#268
|
|||
|
|||
Mastro Auctions Being Investigated by the FBI
Posted By: whitehse
I would rather not say it on the board. I can assure you my source is someone everyone has heard of and someone who should know. |
#269
|
|||
|
|||
Mastro Auctions Being Investigated by the FBI
Posted By: JimCrandell
Peter, |
#270
|
|||
|
|||
Mastro Auctions Being Investigated by the FBI
Posted By: peter chao
We are all just giving our opinions there is no reason to jump on people for their opinions. Let's remain civil. |
#271
|
|||
|
|||
Mastro Auctions Being Investigated by the FBI
Posted By: JimCrandell
Peter, |
#272
|
|||
|
|||
Mastro Auctions Being Investigated by the FBI
Posted By: Jeff Lichtman
Leon is wrong when he claimed that Doug's comment about not knowing about a federal investigation equates to the lack of an investigation. A lawsuit would have already been filed by Mastro against the Daily News for libel if no such investigation is underway (in my opinion). Leon, prove you wrong? Should I contact the FBI myself and ask them to make public their investigation? As I said days ago, let Randy Mastro or Doug Allen come on this board and claim that they have not a scintialla of information that an FBI investigation is underway against Mastro. They won't because it would be a lie. |
#273
|
|||
|
|||
Mastro Auctions Being Investigated by the FBI
Posted By: Brian Weisner
|
#274
|
|||
|
|||
Mastro Auctions Being Investigated by the FBI
Posted By: JimCrandell
Great post Jeff--thanks. |
#275
|
|||
|
|||
Mastro Auctions Being Investigated by the FBI
Posted By: Jeff Lichtman
Brian, of course. That's my point, exactly: I don't think Mastro should be convicted before they're even charged; however, it is certainly prudent to be wary over the allegations of shill bidding. |
#276
|
|||
|
|||
Mastro Auctions Being Investigated by the FBI
Posted By: Corey R. Shanus
Jeff, |
#277
|
|||
|
|||
Mastro Auctions Being Investigated by the FBI
Posted By: jay behrens
And then there is the other end of that spectrum....Leon defending them. |
#278
|
|||
|
|||
Mastro Auctions Being Investigated by the FBI
Posted By: JimCrandell
I don't think anyone is convicting Mastro Auctions--I know I am not. I think Jeff put the proper balance on things. The strongest position as been our moderator vehemently defending the company. |
#279
|
|||
|
|||
Mastro Auctions Being Investigated by the FBI
Posted By: Jeff Lichtman
Let's give Leon a chance to respond as soon as he finishes with the Hunt Boston Garters -- I just failed to win the Cobb as the underbidder.....and now I feel sick. Whoever won it please contact me for the chance to visit it. |
#280
|
|||
|
|||
Mastro Auctions Being Investigated by the FBI
Posted By: Jerry Hrechka
Until Mastro acknowledges their screw ups and corrects their mistakes I have a tendency to believe the allegations against them. |
#281
|
|||
|
|||
Mastro Auctions Being Investigated by the FBI
Posted By: barrysloate
Jeff- what did the Cobb sell for? |
#282
|
|||
|
|||
Mastro Auctions Being Investigated by the FBI
Posted By: Jeff Lichtman
Barry, I bought a new blackberry today and cannot figure out how to use it, hence my lack of responses. Not sure yet about next week but would like to see Brooklyn other than the inside of its courthouses. |
#283
|
|||
|
|||
Mastro Auctions Being Investigated by the FBI
Posted By: Don Poley
Hi all- |
#284
|
|||
|
|||
Mastro Auctions Being Investigated by the FBI
Posted By: Jeff Lichtman
Don, alas I think the days of 'target' and 'subject' letters are a thing of the past. I remember as a young lawyer asking my boss about the difference between the two and being told that one can go from being a subject to a target in the blink of an eye. I can't imagine that the Daily News writer would just invent witnesses who have claimed to have been interviewed by the FBI about Mastro. However, in fairness to Mastro, the fact that this investigation limps along in its plodding manner does not suggest to me that the feds consider Bill Mastro on the level of Bin Laden. I mean, yet. |
#285
|
|||
|
|||
Mastro Auctions Being Investigated by the FBI
Posted By: David Smith
When Christies and Sothebys were being investigated, how long did that take?? |
#286
|
|||
|
|||
Mastro Auctions Being Investigated by the FBI
Posted By: E, Daniel
I think I'd be alot more interested if the chief complainer (oh my legalese ) wasn't a guy who claims he was ripped off over smudgy/a couple possibly forged/ autos....I mean, who's ever heard of that being a dodgy part of the hobby. And then I fail to see where he mentions that James Spence backs him up on his assertions??? |
#287
|
|||
|
|||
Mastro Auctions Being Investigated by the FBI
Posted By: Corey R. Shanus
Not sure what's wrong if someone, be it our moderator or someone else, defends the company. There are enough people blasting the company, so it seems to me if someone defends it this thread might have a bit more balance. |
#288
|
|||
|
|||
Mastro Auctions Being Investigated by the FBI
Posted By: P Spaeth
Perhaps there is more to it, but I can't say I am impressed when the sources of charges of shill bidding are a disgruntled dealer in litigation with Mastro who supposedly identified ONE consignor who bid on his own items (based on what?) and someone who won lots with misappropriated state funds. |
#289
|
|||
|
|||
Mastro Auctions Being Investigated by the FBI
Posted By: Jeff Lichtman
I think to judge the allegations and evidence on the merits of two newspaper articles isn't fair. No one here knows what the full allegations are or the evidence. Therefore, to dismiss what has been leaked already is not based on reality. That being said, let the process go forward but just be wary with Mastro. |
#290
|
|||
|
|||
Mastro Auctions Being Investigated by the FBI
Posted By: P Spaeth
Jeff, thus my initial disclaimer "perhaps there is more to it," my only point being that what is public ain't much. |
#291
|
|||
|
|||
Mastro Auctions Being Investigated by the FBI
Posted By: JimCrandell
Peter, |
#292
|
|||
|
|||
Mastro Auctions Being Investigated by the FBI
Posted By: Cat
I buy a lot from Mastro, but have never consigned an item to them. |
#293
|
|||
|
|||
Mastro Auctions Being Investigated by the FBI
Posted By: Joe D.
sorry to hear you missed out on that cobb (sweet card). |
#294
|
|||
|
|||
Mastro Auctions Being Investigated by the FBI
Posted By: Anonymous
edited due to anonymity |
#295
|
|||
|
|||
Mastro Auctions Being Investigated by the FBI
Posted By: barrysloate
You may not be a fan of grading, as are many on the board, but why must the auction house be eliminated? That seems rather extreme. |
#296
|
|||
|
|||
Mastro Auctions Being Investigated by the FBI
Posted By: P Spaeth
I would eliminate any auction house convicted of taking steroids. |
#297
|
|||
|
|||
Mastro Auctions Being Investigated by the FBI
Posted By: peter chao
According to you, how did the grading services create the downfall of the coin hobby? |
#298
|
|||
|
|||
Mastro Auctions Being Investigated by the FBI
Posted By: Scott Elkins
about Mastro's shill bidding misappropriated state funds. This is true as far as I have read and researched. However, it DOES seem like Bill Mastro knew this at the time and even dealt with this individual DIRECTLY b/c of this fact! Thus, one would conclude that if Mastro did shill bid this person, it was probably b/c he thought he would not get caught (afterall, who was going to tell authorities at the time - the person using misappropriated funds?). I can vouch that I have won a few lots from Mastro over the past year below my max bid. However, I was not dealing directly with Bill Mastro and using funds Mastro seemed to know were being misapprpriated. I would also think there is probably some sort of a law somewhere that makes it illegal to accept funds known to be misappropriated state money. Afterall there are so many laws I don't really know about and I am not about to research it. |
#299
|
|||
|
|||
Mastro Auctions Being Investigated by the FBI
Posted By: P Spaeth
Scott, what is your basis for claiming Mr. Mastro knew the individual at issue and knew he was bidding with misappropriated funds? (Apologies if I am misreading your post but I think that is what you are saying?) |
#300
|
|||
|
|||
Mastro Auctions Being Investigated by the FBI
Posted By: Scott Elkins
that Mastro had a "Secret" relationship. According to what I have read on this, Bill Mastro was the ONLY person who was allowed to take bids from this individual due to the nature of the money involved. I was simply going by what I read. |
|
|
Similar Threads | ||||
Thread | Thread Starter | Forum | Replies | Last Post |
Mastro Auctions Investigated for Shill Bidding | Archive | Net54baseball Vintage (WWII & Older) Baseball Cards & New Member Introductions | 44 | 07-28-2012 01:54 PM |
Now You Can Search Old Mastro Auctions | Archive | Net54baseball Vintage (WWII & Older) Baseball Cards & New Member Introductions | 4 | 04-01-2009 06:50 PM |
Legendary Auctions Acquires Assets of Mastro Auctions | Archive | Net54baseball Vintage (WWII & Older) Baseball Cards & New Member Introductions | 0 | 03-10-2009 08:33 PM |
Mastro Being Investigated - Article | Archive | Net54baseball Vintage (WWII & Older) Baseball Cards & New Member Introductions | 48 | 08-07-2008 02:53 PM |
Mastro and FBI | Archive | Net54baseball Vintage (WWII & Older) Baseball Cards & New Member Introductions | 192 | 08-24-2007 06:37 AM |