Charlie Samuels, the former longtime clubhouse manager for the New York Mets, has pleaded guilty to criminally possessing almost $2.3 million worth of on-field and game-used Mets memorabilia and collectibles – including autographed jerseys, bats and baseballs – belonging to the Mets organization and to evading City and State taxes. “The defendant was a once trusted employee … [Read more...]
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SoCal Businessman Pleads Guilty to Tax Fraud
A former card show promoter who operates a chain of sports memorabilia stores in southern California has pleaded guilty to tax fraud charges. William Alsborg admitted he didn't report over $3 million worth of business income from 2003-2005 from sales at his six Sports Treasures outlets and on eBay. According to federal court documents obtained by Sports Collectors … [Read more...]
The Tax Man Cometh; Are You Ready?
Buying, selling, and trading sports collectibles can easily become a very lucrative hobby. With the online auction sites like eBay as well as specialized sports collectibles sites and shows, it can be very simple to find the items you need for your collection, and sell the items you are ready to get rid of. If you've got the right touch, investing in sports memorabilia … [Read more...]
