eBay’s reputation as a marketplace for fraud continues to worsen, with high profile mainstream media stories about lawsuits over the sale of fake, counterfeit, and copyright-infringing goods. The latest example comes from a court case in the UK, regarding a “global network of criminals [that] duped eBay customers into buying millions of pounds worth of fake golf clubs“. [Read more…]
U.S. District Judge Peter C. Dorsey today sentenced a Connecticut man, who plead guilty to committing fraud on eBay, to one year and one day in prison. He also ordered that he pay over a quarter of a million dollars in restitution, perform 150 hours of community service, and have three years of supervised release, following the completion of his prison term. [Read more…]
In what is being called a landmark decision, a jury in U.S. District Court for the Northern District of California this week found that two ISPs and their owner are liable for contributing to trademark and copyright infringement for hosting sites selling counterfeit Louis Vuitton merchandise. [Read more…]
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…]
Mastro Auctions, the largest sports memorabilia auction house, has closed amid an FBI fraud investigation. Three Mastro executives have purchased the company’s assets and will launch a new company called Legendary Auctions. Part of the investigation by law enforcement is focused on charges of “shill bidding”. [Read more…]
An article published in 2007 (see Auction House Buying Considerations, Part II: Chandelier Bid (“Sham Bidding”) Legislation) discussed proposed legislation related to “sham” or “chandelier” bids, described by a New York legislator as “chicanery perpetrated by auction houses,” with auction house Sotheby’s opposed to the legislation. [Read more…]
The Associated Press and numerous mainstream media news outlets are reporting on the arrest of Arthur Moreira, following a sting operation in which he now stands accused of stealing $30,000 worth of assets (wardrobe and other accessories) from the set of Lipstick Jungle and selling them on eBay. [Read more…]
Rick Spector of Stairway to the Stars directed me to an interesting article on the Maine Antique Digest website about art dealers who have plead guilty to a scheme involving their passing off art with manufactured origins, fictitious artist names and identities, and fraudulent certificates of authenticity (COAs). [Read more…]
