Stolow was an interesting guy:
John D. Apfelbaum, one of the biggest names in American stamp collecting, pleaded guilty Jan. 28, 2002 to two felony counts of violating the Sherman Antitrust Act in a criminal probe of bid rigging at stamp auctions. ... Apfelbaum and seven other stamp dealers, by agreeing not to bid against each other, are accused of swindling collectors and auction houses....
The individual who alerted authorities to the activities of the alleged conspiracy is stamp dealer Gregory Stolow. Stolow is the son of Julius Stolow and the nephew of Henry Stolow, both deceased. Operating as J. and H. Stolow, the brothers were among the world's biggest stamp dealers from the 1940s to the 1970s.
The lawsuit did not say how Stolow learned about the ring. "Stolow did not participate directly in the Ring, but bid for stamp lots through one or more Ring members," the suit said. "
At some point after June 1997, Stolow wrote letters or spoke to Ring members, and sought money for refraining from disclosing the Ring's activities to others. The Ring members were unable to reach an accord with Stolow. Nonetheless, Stolow initially kept his allegations within the Ring, and later, within the community of stamp dealers."
Apfelbaum and seven other stamp dealers, by agreeing not to bid against each other, are accused of swindling collectors and auction houses.
http://www.stampsmauritius.com/Apfe...dsGuilty.htm
Posted 12/12/2017 2:07 pm
