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Report: Auction House Rep Expected to Plead Guilty

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A former Mastro Auctions executive is expected to plead guilty to wire and mail fraud charges according to a report in the New York Daily News.

legal scalesMark Theotikos, currently listed as Vice President and Chief Operating Officer of Legendary Auctions,l was indicted two years ago.  He will appear in federal court August 5 in Chicago.

The indictment included six counts of wire and mail fraud and Theotikos had pleaded not guilty.  It alleged that Theotikos and former Mastro executives Doug Allen and Bill Mastro defrauded customers by shill bidding.

Allen and another former Mastro employee, William Boehm, are scheduled for trial in September.

Read the Daily News story here.

About Rich Mueller

Rich is the editor and founder of Sports Collectors Daily. A broadcaster and writer for more than 30 years and a collector for even longer than that, he's usually typing something somewhere. Type him back at [email protected].

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