Re: Card companies, the FBI & Fraud
Gingi -
I'm not an attorney, but there could be merit to your idea as there is precedent on this issue.
I don't remember the specifics, but years back, a card from UD that had a cut AU of Babe Ruth and numbered 1/1 sold for an astronomical amount (around $80k if memory serves) on eBay. The issue that came to light from one of the foremost Ruth authorities was that the AU was not authentic and it was proven beyond a reasonable doubt that it was not authentic.
UD simply tried to reimburse the auction fee and sweep it under the rug, but the buyer (and seller) sued UD for false advertising, misrepresentation, etc and if I remember correctly, it cost UD almost $1m to get the thing settled.
I would imagine that if they could be sued for selling an AU that was 'represented to them as being authentic', they could be sued for selling GU that was 'represented to them as being authentic' as well.
Besides the fact that I believe there is some type of 'guarantee' on the backs of each of these cards. If they said anywhere that they could NOT guarantee them to be what they are purported to be, I can't imagine they would sell the way they do.
Just my .02
- Smitty
Gingi -
I'm not an attorney, but there could be merit to your idea as there is precedent on this issue.
I don't remember the specifics, but years back, a card from UD that had a cut AU of Babe Ruth and numbered 1/1 sold for an astronomical amount (around $80k if memory serves) on eBay. The issue that came to light from one of the foremost Ruth authorities was that the AU was not authentic and it was proven beyond a reasonable doubt that it was not authentic.
UD simply tried to reimburse the auction fee and sweep it under the rug, but the buyer (and seller) sued UD for false advertising, misrepresentation, etc and if I remember correctly, it cost UD almost $1m to get the thing settled.
I would imagine that if they could be sued for selling an AU that was 'represented to them as being authentic', they could be sued for selling GU that was 'represented to them as being authentic' as well.
Besides the fact that I believe there is some type of 'guarantee' on the backs of each of these cards. If they said anywhere that they could NOT guarantee them to be what they are purported to be, I can't imagine they would sell the way they do.
Just my .02
- Smitty
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