Feds Confirm REA’s Rob Lifson Was Informant Against Mastro; Former Partners-In-Crime Slated To Testify At Trial Of Auction House IT-Guy (Part 7 of 10) (UPDATE) Boehm Pleads Guilty-Fraud May Extend To Rosa Parks Bus
By Peter J. Nash
August 22, 2014
(Scroll to bottom for Update)
The release of the witness list for the upcoming trial of former Mastro Auctions employee, William Boehm, confirmed what Hauls of Shame has been reporting for the past few years —that REA auction president, Rob Lifson, was one of the government’s key witnesses in the prosecution of its case against Bill Mastro. The appearance of Lifson’s name on the list also confirms that he cooperated with the Feds and informed on Mastro after shill-bidding schemes were uncovered during an investigation of Ohio political fundraiser Tom Noe in 2006. Lifson may be called to testify against Mastro’s former IT director but he may also be a less than stellar witness with his own checkered past and his having presided over the fraud committed at the auction house when he was still a Director of the company with Mastro.
By the time the evidence of the auction house shill-bidding was uncovered in the 2006 “Coin-Gate” investigation, Lifson had already left MastroNet.com and proceeded to rat out Mastro by turning over additional evidence that further implicated his old friend with the Feds. Providing additional motivation for Lifson to turn on Mastro was the fact the former hobby heavyweight had cashed out and sold Mastro Auctions to “Flip” Filipowski for close to $5 million after buying out Lifson for what one source says was just a “few hundred thousand dollars.”
Accusations of shill-bidding at MastroNet had been made against both Mastro and Lifson as early as April of 2002 and at that time Lifson denied the charges to this writer calling the allegations “stupid” and added that he and Mastro ran “the cleanest auction on the face of the earth.” But as Mastro’s recent plea agreement describes in great detail, the auction house operated by Mastro, Lifson and Doug Allen was already shill-bidding customers like Tom Noe in its Spring 2002 Americana auction. Noe had purchased over $1 million in memorabilia from MastroNet and the plea agreement also states that in the Spring of 2002 the auction house “used a shill account belonging to a friend of an auction house employee to drive up individual (Tom Noe’s) ceiling bids.”
Now, nearly twelve years after their company’s shill-bidding schemes were in full effect, the two former friends and hobby lifers are set to appear with their former employee, Brian Marren, to help the US Attorneys convict ex-Mastro IT director William Boehm who is alleged to have lied to FBI agents about his role in the destruction of auction bidding records. The Mastro-Lifson reunion is an unlikely pairing to say the least as Mastro’s last public statement regarding Lifson appeared in Dave Jamieson’s 2010 book Mint Condition where he said, “Lifson and I were best friends at one point and we hate each other now.” Lifson, on the other hand, has been gloating and reveling in his former partner’s demise and sending out emails to associates with the plea agreements from the Mastro case.
Boehm’s attorneys will likely challenge the credibility of Mastro, Marren and other Mastro employees who cut plea deals or avoided prosecution by turning on others, including Boehm. Mastro is cooperating in hopes of receiving a reduced sentence while Marren was given immunity in the case for his full cooperation with the government. That being said, how credible will Lifson’s testimony be in the government’s case based upon his own past statements defending Mastro against allegations of criminal activity that were made as early as 2002 when both men were still running MastroNet.com?
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