Everything You Should Know about Stamp Bid Rigging

They have been very many cases that have gone viral. These cases have been big and have had a lot of impact. Bid-rigging is one of the things that has been there. These are cases that have brought a lot of attention. One of the issues that has been present will be the stamp bid-rigging cases. The attorneys general of three states took seven stamp dealers in the USA to work because of this. For over 20 years, these stamp dealers made over $5 million illegally. this is because the Internet specific practices that were not acceptable. 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. It reached also a very big deal of prosecutors. There was a deal that was agreed involving the different prosecutors in this case.

According to the details of the case, was done over very many different states. There was also an American society that lies to the company and suspended the advertising privileges. In addition to that, the company also pleaded guilty and that is the reason why it was able to strike a bargain with the Justice Department prosecutors. One thing that you can be very sure of is that this is a company that had a lot of impact especially because it’s dealt with a lot of issues of stamps all over the world. The process undermined the marketplace and many sellers were affected because of this reason. Additionally, there are also very many charges that were brought. In addition to that, the case also involved they people who are charged acknowledging their participation. The whole process in lawsuits that came to nearly $1 billion worth of stamps. Since this was more than 20 years ago, this is absolutely a very big case. this is a case that brought a lot of issues and it was a major problem.

The collectors were able to get the stamps at fair and competitive prices. You also have collectors that were able to make very many payments. In the end, the case was poorly handled and the right people are penalized. Much more information about the EARL P.L. APFELBAUM case can be found on different platforms today.

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