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V4 2001 INDEX       E-SYLUM ARCHIVE

The E-Sylum: Volume 4, Number 13, March 25, 2001, Article 12 ANTIQUE DEALERS INDICTED FOR FRAUD While it's on a non-numismatic subject, the acts two prominent antique dealers are accused of could easily happen in our hobby. ABC News reported on March 16: "A pair of antiques dealers looking to gain a bit of exposure by going on a public television program got more than they bargained for. The pair were indicted Thursday on federal mail and wire fraud charges, accused of staging phony appraisals on the program Antiques Roadshow to enhance their reputations as experts in Civil War-era weapons and military artifacts. Russ Pritchard III, 37, and George Juno, 40, allegedly cashed in on the reputation they developed on the program to make hundreds of thousands of dollars by defrauding the descendants of Civil War veterans to acquire artifacts at a fraction of their value. If convicted, Pritchard, 37, could face up to 60 years in prison and $2.75 million in fines. Juno could face as much as 45 years in prison and fines of $2.25 million if found guilty. "Mr. Pritchard maintains his innocence of these charges and we will vigorously defend them," Pritchard's attorney, Kirk Karaszkiewicz, told The Associated Press. Among those allegedly victimized by the two men and their company, American Ordnance Preservation Association, were the descendants of Gen. George Pickett, who led "Picket's Charge" at the Battle of Gettysburg, and a Union officer named Maj. Samuel Wilson. According to the indictment, Pritchard convinced Pickett's descendants to sell off family memorabilia for approximately $88,000, claiming to be representing the Harrisburg National Civil War Museum. However, Pritchard did not have any relationship with the museum, and according to the indictment, he turned around and sold Pickett letters, photographs and artifacts to the museum for $880,000." For the full text of the story, see http://abcnews.go.com/sections/us/DailyNews/antique_fraud010316.html Another version of the story is found at the Charlotte Observer: http://www.charlotte.com/observer/natwor/docs/antiques0317.htm

Wayne Homren, Editor

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