NLR Sports Memorabilia Dealer John Rogers Sued for Missed Payment

by George Waldon  on Monday, Jul. 21, 2014 12:00 am  

Mystery Seizure

The civil litigation against Rogers comes less than six months after FBI agents searched his business and monster 12,500-SF home in connection with a mystery criminal investigation.

Agents carted away boxes and boxes of material seized from the North Little Rock properties under the authority of a sealed search warrant.

No charges against Rogers have resulted from that visit, which is connected to the sports memorabilia fraud investigation of Mastro Auctions, based in suburban Chicago.

The mushrooming Mastro investigation resulted in the July 2012 indictments of William Mastro, the company’s founder, chairman and CEO; Doug Allen, president and chief operating officer; and Mark Theotikos, vice president.

The case is flowing through U.S. District Court in the Northern District of Illinois.

Mastro pleaded guilty to one count of fraud in October and awaits sentencing. Allen is scheduled to go to trial on Sept. 8, and Theotikos, who had pleaded not guilty, is scheduled to change his plea at a hearing set for July 28.

Allen and Theotikos formed Legendary Auctions after Mastros Auctions closed in 2009 under the cloud of the FBI investigation that led to the 2012 indictments. Rogers is an investor in Legendary Auctions, headquartered in the Chicago suburb of Lansing.

During its day, Mastros was touted as the country’s largest sports memorabilia auction house. It was at a Mastro auction in 2008 that Rogers bought a rare Honus Wagner baseball card for a reported $1.62 million.

 

 

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