Stunning Amount Of Recent Cartel Collection Sales

Well, we agree that he is a crook and ebay has let it go on for years. Sad.

ebay gets their commission. That's all they care about. The STAMPS volume is only a pimple on ebay's income butt. It could go away tomorrow and they'd never miss it.

True.

Not only has he been under investigation since 2013, but there are active legal cases pending against him in the last 6 months. (not drawing attention?) 'Rare Stamps' is gone, replaced by another company now.

I have never seen any 'money laundering' charges against him but I have seen court records which show him being convicted of fraud. There are also court document which reveal that he is breaking the tax laws such as this one

He builds up a company in which he is the sole employee, runs up a large tax liability, withdraws all the assets to pay himself, declares bankruptcy, then rinse and repeat. His current legal trouble is in Crown Court and I think the he is facing some serious time; but none of it is for money laundering. Tax evasion, yes. Money laundering, no.

If anyone is near Bristol I think they can get more info from the Crown Court on what went down on Monday; I assume this current trial will be moving forward over the next month or two.
Don

Update on the Crown Court case from last week and part of the public record for URN #88WW4447814. The charge is "act with intent to prejudice/defraud HMRC" and is being prosecuted by Specialist Fraud Division of the Crown Prosecution Service. They have a sterling conviction rate nearly 90% and the Prosecuting Barrister is James Tucker. For anyone who might want to go watch the trial it will begin on September 15 at Bristol Crown Court and is expected to last about 2-3 weeks. Defense is listed as 'self-representation'.


Here is the USA, authorities often end up using tax laws to prosecute individuals when trying to prove other crimes is too costly or arduous. I assume the British legal system works the same way.

The current case (and the previous case) involves him not paying taxes for the sales that were listed in his accounting. Money laundering is about hiding income; I serious doubt that a person who was trying to launder money would simply be not paying taxes due since that invites a fiscal investigation. You would want to not draw attention and make your books look as legitimate as possible.

It's not about hiding income, it's about hiding source and ownership.

Great info Don. It will be interesting to watch what happens both in Court and on ebay in the next few months. If convicted I would assume that there is an appeals process.

Keep in mind what finally put away Al Capone when they could not make anything else stick. Maybe the same scenario??

What ever happened with the supposed episode on 60 minutes? Wasn't there a thread on this site about 60 minutes doing a piece on Ryle?

Yes. That was my thread. I do not know where they are with it. One can ask them.