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<p>[QUOTE="Burton Strauss III, post: 2407748, member: 59677"]I think you need to draw a line of distinction between two things</p><p><br /></p><p>Photographing an item so as to hide its flaws, describing it in overblow terms, all of that is simply puffery which is legal - caveat emptor.</p><p><br /></p><p>Purchasing an item where an independent 3rd party has assigned it a defective status (cleaned), repackaging it with a different status and <b>representing that different status as the results of independent 3rd party</b> is where you cross the line. That's precisely the behavior (hiding the relationship between the slabber and the seller) where the recent PCI lawsuit found fraud had occured (see <a href="http://www.coinweek.com/coin-clubs/coin-dealer-pci-hit-for-nearly-2-million-under-federal-racketeering-laws/" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.coinweek.com/coin-clubs/coin-dealer-pci-hit-for-nearly-2-million-under-federal-racketeering-laws/" rel="nofollow">http://www.coinweek.com/coin-clubs/coin-dealer-pci-hit-for-nearly-2-million-under-federal-racketeering-laws/</a> and <a href="http://news.coinupdate.com/1-9-million-fraud-judgment-raises-compelling-hobby-issues/" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://news.coinupdate.com/1-9-million-fraud-judgment-raises-compelling-hobby-issues/" rel="nofollow">http://news.coinupdate.com/1-9-million-fraud-judgment-raises-compelling-hobby-issues/</a></p><p>)</p><p><br /></p><p>Quoting coinupdate:[/QUOTE]</p><p><br /></p>
[QUOTE="Burton Strauss III, post: 2407748, member: 59677"]I think you need to draw a line of distinction between two things Photographing an item so as to hide its flaws, describing it in overblow terms, all of that is simply puffery which is legal - caveat emptor. Purchasing an item where an independent 3rd party has assigned it a defective status (cleaned), repackaging it with a different status and [B]representing that different status as the results of independent 3rd party[/B] is where you cross the line. That's precisely the behavior (hiding the relationship between the slabber and the seller) where the recent PCI lawsuit found fraud had occured (see [url]http://www.coinweek.com/coin-clubs/coin-dealer-pci-hit-for-nearly-2-million-under-federal-racketeering-laws/[/url] and [url]http://news.coinupdate.com/1-9-million-fraud-judgment-raises-compelling-hobby-issues/[/url] ) Quoting coinupdate:[/QUOTE]
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