LugerForum Discussion Forums my profile | register | faq | search
upload photo | donate | calendar

Go Back   LugerForum Discussion Forums > General Discussion Forums > General Discussions

Reply
Thread Tools Display Modes
Unread 07-12-2002, 12:36 PM   #1
Orv Reichert
RIP
 
Join Date: Jun 2002
Location: SW Washington State
Posts: 339
Thanks: 0
Thanked 0 Times in 0 Posts
Post experts and dealers

TRUST BUT VERIFY, TOO.....ORV REICHERT <img src="graemlins/soapbox.gif" border="0" alt="[soapbox]" />
================================
Dealer Sentenced in 'Roadshow' Scam
By THE ASSOCIATED PRESS

PHILADELPHIA (AP) -- An antiques dealer was sentenced to a year in a halfway house Thursday and ordered to repay $830,000 for staging phony appraisals on the PBS series ``Antiques Roadshow'' and defrauding Civil War collectors.

Russell Pritchard III, 39, pleaded guilty to making the bogus TV appraisals. He also admitted defrauding artifact owners by giving them low appraisals on items, then reselling them at much higher prices and pocketing the profit.

According to prosecutors, Pritchard made between $800,000 and $1.5 million on the fraudulent transactions. He could have gotten up to 135 years in prison and more than $5.2 million in fines.

Pritchard's business partner, George Juno, pleaded guilty and will be sentenced Aug. 1.

``Antiques Roadshow'' has people bring in their old or unusual items and get on-the-spot appraisals. Often, people are surprised to learn their item is extremely valuable.

In a segment shown in 1997, Pritchard and Juno staged an appraisal in which a man who claimed to have found a Civil War sword in his attic was told the weapon was worth $35,000.

It turned out the story was made up; Pritchard and Juno had previously obtained the sword and arranged for a friend to bring it on the show.
__________________
ORVEL L. "ORV" REICHERT
Orv Reichert is offline   Reply With Quote
Reply


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -4. The time now is 02:34 AM.


Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Copyright © 1998 - 2024, Lugerforum.com