One of the most significant scandals to hit Hollywood memorabilia collecting in the past decade was a series of discoveries in the poster community relating to purported fraudulent movie posters and one sheets. A new update was published yesterday on the MoPo Mailing List at FilmFan.com by Dianne Jeffrey, President and CEO of Studio Conservation Inc. Ms. Jeffrey was the professional who did some of the restoration work (in good faith) on the Dracula poster consigned to a Profiles in History auction in which it was featured on the cover of their “Hollywood Auction 37” sale event in 2009. Ms. Jeffrey has stated on MoPo that she received notice of a default judgment against her from Thomas Rega “in the amount of $263,312.50, plus attorney fees of $18,134.80”; she is a resident of California and the lawsuit was filed against her in New Jersey and she did not represent herself and/or her business in court. Interestingly, Profiles in History was previously awarded a default judgment against Thomas Rega in their own lawsuit filed against him in California. [Read more…]
Vintage Poster Scandal Update: Judge Sentences Kerry Haggard to over 6 years in Federal Prison and Orders to Pay $1,380,000 in Restitution to Victims
This is an update to the ongoing series of articles into various claims and charges of fraud in the posters, one sheets, and lobby cards art market that have rocked the collectibles industry over the past two and a half years. Today, per reports from Forbes, the Wall Street Journal, the Athens Banner-Herald, and other mainstream media sources, Kerry Haggard was sentenced by U.S. District Judge Colleen McMahon to six years and six months in federal prison. The court also ordered to pay restitution in the amount of $1.38 million dollars. [Read more…]
Vintage Poster Scandal Update: New York Times Reports Kerry Haggard Arrested on Mail Fraud Charges
As a brief update to the various scandals involving allegedly fraudulent vintage movie posters circulating in the marketplace, two stories published online today by the New York Times report that Kerry T. Haggard has been arrested on mail fraud charges. [Read more…]
Round-Up: More Media Coverage on Fraudulent Vintage Horror Movie Poster Scandal & Lawsuits
In the past few weeks, the scandals involving allegedly fraudulent vintage movie posters circulating in the marketplace has been covered by various online and print media outlets, including The Gainesville Times, The Athens Banner-Herald, and Rue Morgue Magazine. [Read more…]
Profiles in History Files Lawsuits Against Fraudulent Movie Poster Auction Consignors
As an update to the ongoing movie poster scandal that was first reported on last year, auction house Profiles in History has this week filed the second of two lawsuits against consignors that they allege defrauded them via the consignment of fake move posters (one-sheets, lobby cards) to their sales. [Read more…]