Oh boy

[rexvos]

the biggest whale in Vintage Football/Baseball and other has been indicted for illegal activity regarding cooking the books in a Ponzi scheme.
Known on the PSA Set Registry as MOSH (Museum of Sports History) he is being forced to liquidate his collection through Mint State Cards:

He is #1 or #2 on virtually every set going in football and baseball. All the football sets have been retired.

Some have hit eBay:

http://shop.ebay.com/merchant/mintstateinc_W0QQ_nkwZQQ_armrsZ1QQ_fromZQQ_mdoZQQ_sopZ1

 

[Krusin]

mind bending

 

[Zeeck]

Yeah, he's in a heap of trouble. It's not a ponzi scheme that he's been busted for but rather selling bunk tax shelters to some very wealthy individuals.

 

[pgwtamu]

can some one please explain what a ponzi scheme is and what a tax shelter is.....:salut:

 

[Zeeck]

A Ponzi scheme is where someone elicits investments from people, and, rather than invest the money, they keep it. But, to keep people from knowing, they keep eliciting more investments to pay dividends/interest on the prior investments. Eventually it always catches up to the person.

Tax shelter is just a term for any type of ****od of reducing the taxes you pay on income.

 

[bamasa37sb34]

:shock: That's crazy......I've noticed that guy and had wondered how he got so much crazy stuff.