What did Profiles say when you called/emailed them to ask these questions?

 

I know they don't have any representatives on here to read your messages, so
I can only assume you have contacted them directly.

 

I will say I think it would be horrible if they (Profiles) started legal
proceedings against Ron Magid like you would have done.

Why would you start legal proceedings against an innocent party that was
duped?  Wouldn't you rather work with that party in holding the originator
of the fakes accountable?  I, for one, would not applaud you for suing
innocent people that were duped - but that's just me.

 

I also wish that all these collectors who have been cheated and are
contacting you privately would also contact me (or Jim Gresham) so that 1)
we can help them get in contact with the correct investigators at the FBI
who are looking into this case, and 2) discuss with them the possibility of
a joint plaintiff suit against the originators of these fakes.  Many of the
people who have purchased these might have only purchased one or two items
and feel powerless to do anything about them or to get restitution from the
person(s) they purchased from, but by joining and acting together, something
can and will be accomplished.

 

What are you saying to these people when they contact you?  I certainly hope
you are encouraging them to do the above and not to stay quiet.

 

  _____  

From: MoPo List [mailto:[email protected]] On Behalf Of Bruce
Hershenson
Sent: Tuesday, September 01, 2009 9:22 AM
To: [email protected]
Subject: [MOPO] What is the responsibility of auction houses or dealers who
sold Universal fakes as middlemen?

 

I can't help but notice that NONE of the auction houses or dealers who sold
Universal fakes as middlemen have come forward and admitted to having done
so. The only name that has been mentioned is Profiles in History and they
were "outed".

 

What is the responsibility of those auction houses or dealers who sold
Universal fakes towards their customers? If they long ago paid their
consignors, can they simply say, "Sorry, but I was fooled just as much as
you were, and therefore I have no liability at all?" Can the buyer sue the
people who made the fakes even though they didn't purchase them directly?

 

If some auction houses or dealers are making restitution to those who
purchased fakes from them, is this all going on the honor system? Are any
law enforcement agencies involved in investigating who the fakes were sold
to, and/or making any efforts to see that restitution is made by the
middlemen, or to prosecute those who made the fakes?

 

I wish those who unwittingly sold these fakes would publicly address how
they are dealing with the situation, and whether or not they are voluntarily
making restitution to those who were cheated. I would think this would not
be any source of embarrassment for them (I have publicly stated that is is
quite likely I myself would have been fooled by these, if they are as good
as people have said, and therefore I myself might well have unknowingly
cheated people by auctioning them). But had I done so, I would have refunded
the buyers as soon as I discovered the scam, and began legal proceedings
against those who sent me the fakes, and I think the hobby would have
applauded me for doing so.

 

Some of you have made it clear you hate my posts on this subject. You have
ridiculed me or in essence told me this is none of my business. But I keep
getting contacted by collectors who were cheated who DO want answers to
these questions, but are afraid to post publicly . I want to help them not
only do I want to help see that right is done, but also because I want to
protect the integrity of this hobby which provides me with my living.

 

If anyone has anything of substance to post, I am all ears. And it is also
fine if people who want to stay out of the public spotlight keep contacting
me privately.

 

Bruce

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