YOU MAY HAVE SEEN TODD SPODEK ON THE NETFLIX SHOW INVENTING ANNA
When you’re facing a federal issue, you need an attorney whose going to be available 24/7 to help you get the results and outcome you need. The value of working with the Spodek Law Group is that we treat each and every client like a member of our family.
Multiple Bidding Auction Fraud Lawyers
Action Fraud on Online Auction Websites
Action fraud poses a significant challenge on online auction platforms like eBay. Statistics reveal that approximately 25 percent of all fraud complaints reported to the Internet Crime Complaint Center involve allegations of online auction fraud. Both sellers and buyers can find themselves entangled in such fraudulent activities.
Understanding Multiple Bidding Auction Fraud
Multiple bidding auction fraud is a particular type of auction fraud where a seller fails to receive the correct amount for an item due to illegitimate bidding practices. In these instances, sellers may resort to civil lawsuits to seek compensation. However, individuals accused of multiple bidding auction fraud may also face federal or state criminal charges.
What Constitutes Multiple Bidding Auction Fraud?
In essence, multiple bidding auction fraud occurs when a buyer places numerous bids on an item using various aliases, usernames, or identities. Typically, one or more bids are inflated to dissuade legitimate bidders, while other bids are intentionally kept low. Subsequently, the buyer retracts the high bids at the last minute, allowing the auction to close for one of the artificially low bids made by one of the buyer’s aliases. Consequently, the seller is compelled to let go of the item for a fraction of its actual value.
Multiple bidding auction fraud essentially operates as the antithesis of shill bidding, wherein sellers artificially inflate prices using fake bids and aliases. Instead, in multiple bidding, the aim is to depress prices through deceptive bidding tactics.
If you are looking for a lawyer that listens, is aggressive where needed, and holds his word above all else, Todd is the best pick. I had hired multiple attorneys prior to hiring the Spodek Group for a white collar case. The first thing that stood out to me was the cost, as anyone going through the process and dealing with the system, money was tight at that time - especially after hiring and firing multiple lawyers. The cost was not as high as others which was definitely a plus. Todd's intake process was also unlike other attorneys. He took the time to actually listen. He cared. He was trying to put himself in my shoes while I was explaining the situation to him and he really took the time to understand the whole situation. Other lawyers will give you 15 mins and send you a retainer agreement. Not Todd, I think he spent almost two hours with me as I was explaining everything.Not only was he great during the onboarding process, he was supportive and very informative through the entire plea process and eventually sentencing. After hiring him, I asked if I should hire a prison consultant, he told me to save my money as he would do everything they would. He was right and held up to his word. Later on I would hear from others that went with the prison consultants that they were a waste of money - I am glad I listened to Todd!When it came time for sentencing, two days prior to sentencing, the prosecutor tried increasing my proposed prison time by almost double - apparently a normal move. Todd and his team worked with me non-stop through the weekend prior to sentencing to ensure that I was not given additional prison time. Again, he took the time to listen and came up with a strategy to explain the case with great detail.Unfortunately, I did plead guilty as that was my best option. Todd and his whole team wrote up nearly 300 pages of a summary of what happened and why I should not be given prison time. If I breakdown the amount I spent with Todd versus the amount of work that I saw being done, I am shocked I was not charged four times as much. The other benefit was, a lot of criminal defense lawyers were just a single attorney with a paralegal or two. Todd had a team of people that I dealt with (5-7 people that I interacted with), but he was ALWAYS accessible. It would never take him more than an hour to reply unless he was in court.I was sentenced to prison and I was emotionally distraught. Todd and his team did whatever they could even after sentencing to make sure I was alright. He personally stayed in touch with my family to ensure I was doing alright and offered support to them. Most lawyers would consider the job complete at sentencing, not Todd.After prison, Todd still spent time with me to make sure I was on the right track and avoiding any potential risks in the future. He has also been giving advice on how to navigate probation etc and has not been looking at the clock for billing.Although I wish I had never been arrested in the first place, I am glad I had Todd and his team in my corner. Without them I likely would have had to spend a lot more time in prison than I did.Thank you, Todd, and the entire Spodek Law team, for helping turn what was a nightmare into a manageable situation!
I am immensely grateful to the entire team at Spodek Law Group for their unwavering dedication and exceptional expertise throughout my case. From our initial consultation to the final resolution, their professionalism and tireless advocacy made all the difference. Their strategic approach and attention to detail instilled confidence in me every step of the way.Thanks to their hard work and commitment, we achieved a truly favorable outcome that exceeded my expectations. Not only did they navigate the complexities of my case with precision, but they also provided invaluable support and guidance during what was undoubtedly a challenging time. I cannot recommend Spodek Law Group highly enough, especially attorneys Todd Spodek and Claire Banks; they are beacons of excellence in the legal profession.YSP.
Todd, Ralph and Alex are amazing. Helped my husband get from a double digit number with multiple charges to a single digit, by the time I blink he will be out. They very professional and help with all your needs. They dealt with my anxiety and worry very well and they understand that your family member needs to get home as soon as possible.
Believe every single review here about Alex Z!! From our initial consultation, it was evident that Alex possessed a profound understanding of criminal law and a fierce dedication to his clients rights. Throughout the entirety of my case, Alex exhibited unparalleled professionalism and unwavering commitment. What sets Alex apart is not only his legal expertise but also his genuine compassion for his clients. He took the time to thoroughly explain my case, alleviating any concerns I had along the way. His exact words were “I’m not worried about it”. His unwavering support and guidance were invaluable throughout the entire process. I am immensely grateful for Alex's exceptional legal representation and wholeheartedly recommend his services to anyone in need of a skilled criminal defense attorney. Alex Z is not just a lawyer; he is a beacon of hope for those navigating the complexities of the legal system. If you find yourself in need of a dedicated and competent legal advocate, look no further than Alex Z.
I don’t know where to start, I can write a novel about this firm, but one thing I will say is that having my best interest was their main priority since the beginning of my case which was back in Winter 2019. Miss Claire Banks, one of the best Attorneys in the firm represented me very well and was very professional, respectful, and truthful. Not once did she leave me in the dark, in fact she presented all options and routes that could possibly be considered for my case and she reinsured me that no matter what I decided to do, her and the team will have my back and that’s exactly what happened. Not only will I be liberated from this case, also, I will enjoy my freedom and continue to be a mother to my first born son and will have no restrictions with accomplishing my goals in life. Now that’s what I call victory!! I thank the Lord, My mother, Claire, and the Spodek team for standing by me and fighting with me. Words can’t describe how grateful I am to have the opportunity to work with this team. I’m very satisfied, very pleased with their performance, their hard work, and their diligence.Thank you team!
I recently had Spodek Law Group represent me for a legal matter in NYC and I am thoroughly impressed with their services.Alex Zhik secured the best possible outcome for my case.It was a seamless journey from the initial consultation to the resolution of my legal matter. From the moment I spoke to Todd about my case, his enthusiasm to help was evident, setting a positive tone for the entire experience. The efficiency and professionalism displayed by the team is commendable.A particularly noteworthy aspect of their service is their user-friendly portal to upload your documents/evidence. This not only simplified the process, but showcases their commitment to streamline the client experience.Lastly, in an industry where legal fees can often be a concern, I found their pricing to be very reasonable, making needing legal assistance feel accessible and stress-free.I am grateful for their support and wouldn't hesitate to turn to them again in the future.
Penalties for Multiple Bidding Auction Fraud
While instances of multiple bidding auction fraud often go unnoticed by sellers, retracting multiple bids may attract scrutiny and prompt investigations. If it is determined that the buyer engaged in multiple bidding to manipulate the auction, they may face criminal charges.
Under New York State law, the Donnelly Act encompasses prohibitions on price-fixing and bid-rigging, which have been applied to online auctions where bid-rigging occurred. Depending on the specifics of the auction, penalties may include felony charges, up to four years of imprisonment, fines ranging up to $100,000 for individuals, and up to $1 million for businesses.
Although historical criminal cases under the Donnelly Act primarily focused on driving up prices and shill bidding, placing false bids to lower prices could also potentially constitute a crime under this Act.
Additionally, since bidders use wire communications in committing multiple bidding auction fraud, defendants may face wire fraud charges under 18 U.S. Code Section 1343. Given that wire fraud is a federal offense, individuals convicted of this crime may face a maximum sentence of 20 years in federal prison. Hence, seeking legal representation from an experienced multiple auction fraud attorney is crucial to understanding and navigating the charges.
Seeking Legal Representation
If you or a loved one is facing allegations of multiple bidding auction fraud and requires legal assistance, contact Spodek Law Group, PC today. To secure a conviction, prosecutors must demonstrate beyond a reasonable doubt that the accused knowingly and willfully violated the law. Whether facing prosecution from a U.S. Attorney at the federal level or a New York district attorney, having a knowledgeable legal advocate is essential for protecting one’s rights and pursuing justice.
The attorneys at Spodek Law Group, PC have a proven track record of successfully defending clients accused of auction fraud crimes, including multiple bidding auction fraud. If you have questions about the legal assistance available or wish to schedule a free consultation with their team, reach out to them today
