Thr first course of action is to go after the auction house. You as the
buyer are not privy to the arrangement made between the consignor and
the auction house. You as the buyer may possibly join a lawsuit
initiated by the auction house against the consignor but it is the
responsibility of the auction house to refund payment to the buyer and
to go after the consignor. FRANC

-----Original Message-----
From: Richard Halegua Comic Art [mailto:[email protected]] 
Sent: Tuesday, September 01, 2009 3:49 PM
To: Franc; [email protected]
Subject: Re: [MOPO] What is the responsibility of auction houses or
dealers who sold Universal fakes as middlemen?


not entirely true Franc..

if you can prove that the third party has culpability in a fraud, you
can indeed enjoin them into a lawsuit

Rich


At 12:47 PM 9/1/2009, Franc wrote:


The Auction Houses usually provides a warranty that is selling originals
not fakes and if the auction house unwittingly sells a fake, they should
have the responsibility of making good on it. That's why auction houses
have insurance.  It's ridiculous to presume that an auction house has no
responsibility to the buyer. Furthermore the buyer's legal relationship
is to the auction house, not to the person who consigned the bogus item
and in this country you sue the person to whom you've entered into a
contract, not a third party. FRANC 


-----Original Message-----


From: MoPo List [ mailto:[email protected]
<mailto:[email protected]> ] On Behalf Of Bruce Hershenson


Sent: Tuesday, September 01, 2009 3:37 PM


To: [email protected]


Subject: Re: [MOPO] What is the responsibility of auction houses or
dealers who sold Universal fakes as middlemen?



So you are saying that someone who hypothically purchased a fake from
say, Platinum Posters should be "working with" Platinum Posters to join
a joint plaintiff suit against the originators of these fakes, and that
Platinum Posters has no liability towards that person who purchased a
fake from them? Is that the way the law works?



  

If the joint plaintiff suit against the originators of these fakes is
unsuccessful, or if no money is recovered, will those who acted as
middlemen have ANY liability towards those who purchased the items from
them?



  

Bruce




On Tue, Sep 1, 2009 at 12:26 PM, Sean Linkenback
<[email protected] > wrote:




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]>
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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