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.
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.