Information about Stamp Bid Rigging Cases
They have been very many cases that have gone viral. Most of these cases have brought a lot of attention and have had a lot of impact in different areas. Bid-rigging is one of the things that has been there. These kinds of cases had a lot of impact. The presence of stamp bid-rigging cases has been one of the issues. The case involves seven stamp dealers that was food in a civil action lawsuit by the attorneys general of three states. For over 20 years, these stamp dealers made over $5 million illegally. They got into practices that were not acceptable and these cause a lot of work challenges. The other thing about these cases is that they were highly criticized especially the people are supposed to take action because they were considered to be very slow. They had serious felony charges. Specifically, there are finally charges that were brought against a specific individual and his company. There were very many prosecutors that were involved in this process. There was a deal that was agreed involving the different prosecutors in this case.
Their own doing was done over many states and in different regions including Britain France and the USA. In addition to that, the company was also penalized by the American society. They were able to create a deal because they created a bargain with the justice prosecutors. In addition to that, this was one of the biggest companies that dealt with stamps in the world. The process undermined the marketplace and many sellers were affected because of this reason. There are also very many charges that were brought in this case. The participation that they had in different from practices is something that they openly acknowledged. The worth of stamps was about $1 billion and you look at all the cases. Considering that this was more than 20 years ago you can be very sure that this was a lot of money by then. When it comes to the sending and receiving of mail, this is one of those cases that cause a lot of problems.
You have collectors that were able to get the stamps at fair and competitive prices and that is one of the most important things that you’re able to notice today. All the different collectors also had a lot of impact because they were able to make payments. this is a case that was poorly handled in the end and, the people who are guilty were penalized for the same. There is always going to be quite a lot of information in relation to this that you can be able to learn from Stamp Bid Rigging websites that are able to give information about the Apfelbaum Stamp Bid Rigging case.