When Iowa custom home builder Rick Garceau found American Royal Arts, he thought he was in Rock 'n' Roll Heaven.
Owner Jerry Gladstone trumpeted ARA as the world's largest seller of autographed rock 'n' roll, and they had an eye-popping selection of rare, signed, classic rock memorabilia. Garceau spent over $88,000 with ARA in 2006 and 2007, snapping up Beatles-signed "Abbey Road" and "Sgt. Pepper's" albums; guitars signed by the Grateful Dead, Wings,…Continue
Rockford, Ill, October 25, 2011—Six men have been charged in similar but separate fraud schemes involving the sports memorabilia business and the purchase and sale of equipment and uniforms used by professional and collegiate athletes. Today, in U.S. District Court, four defendants were charged in criminal informations and two defendants were charged in indictments.
According to court documents, each case involved the sale, consignment, or auction of jerseys, in which each defendant…Continue