Posts Tagged ‘David Hall’

National Book Auction’s David Hall Pled Guilty

Wednesday, August 5th, 2020

A new National Book Auction/Worth Auctions notice came in via email, and it made me wonder what happened to the legal case against owner David Hall for defrauding a consignee. It turns out he pled guilty back in February:

Local auctioneer David Hall was again in court on Monday to accept a plea for cheating a Tompkins County man out of $227,000.

Hall, a resident of Spencer, plead guilty to second-degree Grand Larceny, a class C felony, for taking items on consignment valued at hundreds of thousands of dollars and not paying out the proceeds to the consigner after the items sold at auction.

The victim in the most recent case, as part of a saga of lawsuits brought against the auctioneer for defrauding customers, consigned thousands of his late brother’s items to Hall’s Freeville-based company Worth Auctions and National Book Auctions back in Feb. 2017.

Hall was indicted on the second-degree grand larceny charge in August. Though there are sales records from auctions throughout the spring and summer of 2017, Hall allegedly only ever paid out the seller $50,000 of the $325,000 he made selling the items. As part of the plea, Hall must pay full restitution in the sum of $227,100 to the victim.

Hall faces a heavy financial penalty, as well as possible jail time. Grand Larceny in the second degree carries a maximum possible period of incarceration of 15 years. Hall is due for sentencing in Tompkins County Court on April 2, at 1 p.m.

In May, Hall was ordered to pay more than $1 million in restitution after it was found that he had defrauded more than 100 consumers since 2015 following a case prosecuted by the New York Attorney General’s Office.

I cannot find any update on sentencing. Maybe that’s another thing delayed due to the Wuhan coronavirus…

National Book Auctions Owner David Hall Arrested for Fraud

Tuesday, February 5th, 2019

This was bought up by a commenter on an older thread, but I thought it worth a post on its own, even if it falls into the “old news is so exciting” category.

National Books Auction owner David Hall was arrested for fraud by the New York State Police late last year:

David Hall, the long established auctioneer who runs National Book Auctions and Worth Auctions in Freeville, New York near Ithaca, has been arrested and charged with second degree grand larceny. This comes on the heels of persistent reports over the past several years of non-payment to consignors. On Ithaca.com a story on this development describes the indictment as “adding credence to the growing number of people in Tompkins County and across the country who say they’ve been cheated by his business.”

Such issues are hardly front page news as auction houses in every generation encounter such disputes as they maneuver between consignors and buyers, changing markets and occasional problems collecting from winning bidders. Almost all such issues are settled privately. It is rare for auctioneers and auction principals to be arrested.

Mr. Hall was taken into custody on November 19th on the charge that he handled the sale of an estate valued at over $500,000 and subsequently failed to fully pay the consignor.

He was remanded to the Tompkins County jail after arraignment and held on $100,000 cash bail or $200,000 property bond.

The investigation into Hall by the New York State Police began late last year, in which he was accused of selling an estate valued at over $500,000, but failed to pay what was owed to the original owner after the auction sale. Eventually, he began to pay back the money but by Monday afternoon [November 19th], when he turned himself in, he still allegedly owed the consignor over $200,000.

I didn’t hear about this when it happened, but it does explain why a lot of recent NBA auctions have seemed to have been filled with “junk lots” of little real interest.

I sent an email to NBA asking if there were any additional news on the case, but they haven’t written back, and their news page hasn’t been updated since January 3, 2016…