Bill Mastro indicted for T-206 Wagner fraud

[Tony Kozelichki]

Bill Mastro and other company executives have been indicted for fraud in relation to auction offerings, including a trimmed T-206 Wagner...

http://www.chicagotribune.com/news/...ioneers-face-charges-20120725,0,2137856.story

 

[montserratplay]

Wow....I read "The Card." (All of you should treat yourselves to it as well if you haven't already.) There is a kind of symmetry between baseball cards and the sport itself. There will always be the scandals and the folks who try to get ahead at the cost of others. Thankfully, the fundamental joy of collecting and of baseball will keep both strong.

 

[David K.]

Wow....Best regards, David

 

[mintman2]

Makes me wonder what effect this will have on the value of anything with a Mastro coa, especially the high end stuff.

 

[Tony Kozelichki]

update

The story has been updated on the Tribune's website with more details and Mastro apparently planning to plead guilty!

http://www.chicagotribune.com/news/...ioneers-face-charges-20120725,0,2137856.story

 

[houbb]

I'm sorry to see this, but I can't say I'm surprised. Legal sharks have been swimming around him and that auction house for years.

 

[scc76]

Wow. That comes as a surprise.

 

[jaderock]

Very unfortunate, but not suprized.

 

[mrhaverkamp]

Keith Olbermann weighed in on the story as well, on his bb-themed (no politics) blog:

http://keitholbermann.mlblogs.com/

 

[montserratplay]

Keith Olbermann weighed in on the story as well, on his bb-themed (no politics) blog:

http://keitholbermann.mlblogs.com/

Thanks for the heads-up. I like most of Olbermann's more political work, but I love when he writes about baseball.

 

[houbb]

Thanks for the heads-up. I like most of Olbermann's more political work, but I love when he writes about baseball.

I like the Olbermann story, as well. Kind of ironic that you have an enormously influential grading company that built it's empire on it's grade of that card...and it's a known trimmed card. I highly recommend reading "The Card" when you get a chance. Great book.