New York Daily News sports writer Michael O’Keefe has been publishing an ongoing series of articles about an FBI investigation into the sports memorabilia industry (see Mastro Auctions Closes In Midst Of FBI Investigation Into Shill Bidding & Fraud Allegations). Two updates have been published this week by the Daily News. [Read more…]
King 5 News Reports on FBI’s “Questioned Documents Unit” Investigations into Sports Autograph Memorabilia Fraud
Tonight Mimi Jung of King 5 News in Seattle, Washington broadcast a video report on investigations by the FBI into sports memorabilia fraud, with a focus on autograph forgeries. [Read more…]
New eBay Legal Development in the UK – Seller to be Fined up to £50,000 for Shill Bidding
The latest in a series of interesting legal developments related to eBay in the past few years, breaking news today is the case of an eBay seller in the UK who faces up to £50,000 in fines for shill bidding his own auctions. The Daily Mail reports this is the first case in which someone is being fined for such activities. [Read more…]
AFP Report: Court Finds eBay “Guilty of Negligence” In Power Seller Fraud Case, Buyer Awarded $22,000
Per a report from the AFP, an Austrian court has found eBay to be guilty of negligence in a case about a buyer who used the auction site to purchase gold from an eBay “Power Seller” dealer, which he never received. [Read more…]
Update on New York State Assembly Bill A01730/S4313B: Seeks More Transparency For Auction Houses
This article serves as an update to a feature published one year ago (see Latest Version of New York State Assembly Bill A01730: Seeks Prohibition of Auction House “Sham” Bids Without Disclosure). [Read more…]
Auction Fraud at Center of FBI & Internet Crime Complaint Center (IC3) Annual Report for 2009
The Federal Bureau of Investigation (FBI) and the Internet Crime Complaint Center (IC3) issued their Annual Report a few months ago. Among the highlights is that auction fraud – a frequent topic in the hobby of collecting original television and movie props and wardrobe – was reported to make up one of four complaints made to the organization. [Read more…]
Lawsuits And Controversy Over Autographed Memorabilia With Doctored Celebrity Signing Photos
A story which has been playing out in the mainstream media recently involves multiple lawsuits and controversy with regards to autographed memorabilia, including doctored photos altered to include images of items that are completely fictional in the context of the original photos, with instruments and other material added to unrelated photos. [Read more…]
Christie’s, CBS, Paramount Prevail in ‘Star Trek’ Memorabilia Auction Lawsuit
Two years after making the rounds as a lead story in the mainstream media, the Associated Press today reports that the Supreme Court of New York’s Appellate Division ruled that a Star Trek fan does not deserve $7 million dollars in damages as a result being displeased with one of the three items won at the “40 Years of Star Trek” auction held by Christie’s. [Read more…]