The Chicago Division of the Federal Bureau of Investigation have published a press release update regarding the ongoing investigation of alleged sports memorabilia fraud involving former Mastro Auction executives. Prosecutors claim that William Boehn, the Information Technology Director, made false statements to FBI agents. According to the FBI press release, the memorabilia auction house executives “were indicted on fraud charges for allegedly rigging auctions through a series of deceptive practices, including so-called “shill-bidding,” designed to inflate prices paid by bidders and to protect the interests of consignors and sellers at the expense of unwitting bidders.” [Read more…]
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