irl1
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December 2017
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Paddle8 Auctions ๐บ๐ฒ BANKRUPT , by irl1 on Apr 16, 2020 21:11:35 GMT 1, So basically another bunch of crooks are going to escape behind the corporate veil and good honest people and organisations will get fucked. I donโt believe for one minute that this is a legitimate bankruptcy. I transferred 16k ten days ago. WTF ... in my country you will go to jail for this
Hi did you get your art or your funds back
So basically another bunch of crooks are going to escape behind the corporate veil and good honest people and organisations will get fucked. I donโt believe for one minute that this is a legitimate bankruptcy. I transferred 16k ten days ago. WTF ... in my country you will go to jail for this Hi did you get your art or your funds back |
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sanssouci
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December 2016
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Paddle8 Auctions ๐บ๐ฒ BANKRUPT , by sanssouci on Apr 16, 2020 21:28:09 GMT 1, No unfortunately not, but I claimed my funds under the Chapter 11 bankruptcy regulations
No unfortunately not, but I claimed my funds under the Chapter 11 bankruptcy regulations
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rbt
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April 2019
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Paddle8 Auctions ๐บ๐ฒ BANKRUPT , by rbt on Apr 16, 2020 21:44:18 GMT 1, So the site is just a shell now. Not active auctions. Nothing for sale. This is not chapter 11. Theyโre gone.
So the site is just a shell now. Not active auctions. Nothing for sale. This is not chapter 11. Theyโre gone.
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sanssouci
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December 2016
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Paddle8 Auctions ๐บ๐ฒ BANKRUPT , by sanssouci on Apr 16, 2020 21:55:53 GMT 1, Yes, I think you are unfortunately right
Yes, I think you are unfortunately right
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irl1
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December 2017
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Paddle8 Auctions ๐บ๐ฒ BANKRUPT , by irl1 on Apr 16, 2020 21:56:07 GMT 1, No unfortunately not, but I claimed my funds under the Chapter 11 bankruptcy regulations
These were committing fraud no? They were still taking funds/art knowing they were going belly up
Did you report this to the police. Seems to me they were stealing client funds if they knew they were going bankrupt.
Maybe i'm wrong but I would look into this if I were you
No unfortunately not, but I claimed my funds under the Chapter 11 bankruptcy regulations These were committing fraud no? They were still taking funds/art knowing they were going belly up Did you report this to the police. Seems to me they were stealing client funds if they knew they were going bankrupt. Maybe i'm wrong but I would look into this if I were you |
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irl1
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December 2017
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Paddle8 Auctions ๐บ๐ฒ BANKRUPT , by irl1 on Apr 16, 2020 21:57:51 GMT 1, Yes, I think you are unfortunately right
Also you should report this to your bank
Yes, I think you are unfortunately right Also you should report this to your bank |
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sanssouci
New Member
๐จ๏ธ 140
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December 2016
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Paddle8 Auctions ๐บ๐ฒ BANKRUPT , by sanssouci on Apr 16, 2020 22:00:59 GMT 1, I am based in Austria/Europe and my attorneys told me that this is like shooting in the air.
But yes, you are right.
In my country you are going to jail
I am based in Austria/Europe and my attorneys told me that this is like shooting in the air.
But yes, you are right.
In my country you are going to jail
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sanssouci
New Member
๐จ๏ธ 140
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December 2016
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Paddle8 Auctions ๐บ๐ฒ BANKRUPT , by sanssouci on Apr 16, 2020 22:06:56 GMT 1, Yes, I think you are unfortunately right Also you should report this to your bank
Yes, I think you are unfortunately right Also you should report this to your bank Yes, I already talked to my bank and we tried to withdraw the transfer, but it did not worked out. Frankly speeding, I think I am f***ed |
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irl1
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December 2017
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Paddle8 Auctions ๐บ๐ฒ BANKRUPT , by irl1 on Apr 16, 2020 22:10:43 GMT 1, I am based in Austria/Europe and my attorneys told me that this is like shooting in the air. But yes, you are right. In my country you are going to jail
The F.B.I have an art fraud department. No harm to send the an email as they stole your funds.
They had no intention of sending the art to you so they stole your funds by deception
www.fbi.gov/investigate/violent-crime/art-theft
I am based in Austria/Europe and my attorneys told me that this is like shooting in the air. But yes, you are right. In my country you are going to jail The F.B.I have an art fraud department. No harm to send the an email as they stole your funds. They had no intention of sending the art to you so they stole your funds by deception www.fbi.gov/investigate/violent-crime/art-theft |
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irl1
Full Member
๐จ๏ธ 9,274
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December 2017
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Paddle8 Auctions ๐บ๐ฒ BANKRUPT , by irl1 on Apr 16, 2020 22:19:27 GMT 1, I am based in Austria/Europe and my attorneys told me that this is like shooting in the air. But yes, you are right. In my country you are going to jail The F.B.I have an art fraud department. No harm to send the an email as they stole your funds. They had no intention of sending the art to you so they stole your funds by deception www.fbi.gov/investigate/violent-crime/art-theft
I have a case going on myself so I know how you feel. Then last year another scammer set up an online auction house and stole my deposit (only 1,000 I was lucky that's all I lost)
Man you need eyes in the back of your head buying art nowadays
I am based in Austria/Europe and my attorneys told me that this is like shooting in the air. But yes, you are right. In my country you are going to jail The F.B.I have an art fraud department. No harm to send the an email as they stole your funds. They had no intention of sending the art to you so they stole your funds by deception www.fbi.gov/investigate/violent-crime/art-theftYou also don't know how many others they stole from. These f****** should not get away with this. I have a case going on myself so I know how you feel. Then last year another scammer set up an online auction house and stole my deposit (only 1,000 I was lucky that's all I lost) Man you need eyes in the back of your head buying art nowadays |
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Paddle8 Auctions ๐บ๐ฒ BANKRUPT , by storm breaker on Apr 16, 2020 23:08:07 GMT 1, Maybe paddle8's "Head of Street Art" could sell his Banksy Basquiat to help out ๐ค
Maybe paddle8's "Head of Street Art" could sell his Banksy Basquiat to help out ๐ค |
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irl1
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December 2017
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Paddle8 Auctions ๐บ๐ฒ BANKRUPT , by irl1 on Apr 16, 2020 23:18:07 GMT 1, He should never be given the COA
Maybe paddle8's "Head of Street Art" could sell his Banksy Basquiat to help out ๐ค
He should never be given the COA Maybe paddle8's "Head of Street Art" could sell his Banksy Basquiat to help out ๐ค |
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vvk
New Member
๐จ๏ธ 868
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October 2015
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Paddle8 Auctions ๐บ๐ฒ BANKRUPT , by vvk on Apr 16, 2020 23:48:38 GMT 1, I usually refrain from wishing ill on anyone (mainly because most of my non materialistic wishes come true)
but I really hope this dude feels some real hurt soon. Mainly for his title (Head of Street Art), + the fact that he's flaunting his luck while directly being responsible for others lo$$e$.
@choo the "street" is coming for you.
I usually refrain from wishing ill on anyone (mainly because most of my non materialistic wishes come true)
but I really hope this dude feels some real hurt soon. Mainly for his title (Head of Street Art), + the fact that he's flaunting his luck while directly being responsible for others lo$$e$.
@choo the "street" is coming for you.
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Paddle8 Auctions ๐บ๐ฒ BANKRUPT , by storm breaker on Apr 24, 2020 16:02:09 GMT 1, Interesting to see that Alan Zeng, seems to be "lucky" quite often when it comes to scoring prints. I wonder if Christian Avant Arte knows how many people and CHARITIES him and Paddle8 fucked over AGAIN!!!
http://instagram.com/p/B_Tf-YSnESf
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Poster Bob
Junior Member
๐จ๏ธ 5,891
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September 2013
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Paddle8 Auctions ๐บ๐ฒ BANKRUPT , by Poster Bob on Apr 24, 2020 16:06:16 GMT 1, Holy shit that quote from him is amazing.
Holy shit that quote from him is amazing. |
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irl1
Full Member
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December 2017
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Paddle8 Auctions ๐บ๐ฒ BANKRUPT , by irl1 on Apr 24, 2020 17:43:47 GMT 1,
These f****** should do jail time.
In early March, the New American Cinema Group in New York sued the company for allegedly misappropriating funds from its November charity auction; a week later, Paddle8 declared bankruptcy.
According to Paddle8โs Chapter 11 bankruptcy petition, the company has over $10 million in liabilities and less than $50,000 in assets.
These f****** should do jail time. In early March, the New American Cinema Group in New York sued the company for allegedly misappropriating funds from its November charity auction; a week later, Paddle8 declared bankruptcy. According to Paddle8โs Chapter 11 bankruptcy petition, the company has over $10 million in liabilities and less than $50,000 in assets. |
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Deleted
๐จ๏ธ 0
๐๐ป
January 1970
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Paddle8 Auctions ๐บ๐ฒ BANKRUPT , by Deleted on Apr 24, 2020 18:05:34 GMT 1, These f****** should do jail time. In early March, the New American Cinema Group in New York sued the company for allegedly misappropriating funds from its November charity auction; a week later, Paddle8 declared bankruptcy. According to Paddle8โs Chapter 11 bankruptcy petition, the company has over $10 million in liabilities and less than $50,000 in assets.
They vote in People that have been bankrupt to Leader of the free world (never know how they get away calling it that). Unlikely these guys will get anything other than maybe a Government post
These f****** should do jail time. In early March, the New American Cinema Group in New York sued the company for allegedly misappropriating funds from its November charity auction; a week later, Paddle8 declared bankruptcy. According to Paddle8โs Chapter 11 bankruptcy petition, the company has over $10 million in liabilities and less than $50,000 in assets. They vote in People that have been bankrupt to Leader of the free world (never know how they get away calling it that). Unlikely these guys will get anything other than maybe a Government post |
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Graham H
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November 2012
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Paddle8 Auctions ๐บ๐ฒ BANKRUPT , by Graham H on Apr 24, 2020 18:28:08 GMT 1, That last paragraph is absolutely shocking.. thats not an overnight thing
These f****** should do jail time. In early March, the New American Cinema Group in New York sued the company for allegedly misappropriating funds from its November charity auction; a week later, Paddle8 declared bankruptcy. According to Paddle8โs Chapter 11 bankruptcy petition, the company has over $10 million in liabilities and less than $50,000 in assets.
That last paragraph is absolutely shocking.. thats not an overnight thing These f****** should do jail time. In early March, the New American Cinema Group in New York sued the company for allegedly misappropriating funds from its November charity auction; a week later, Paddle8 declared bankruptcy. According to Paddle8โs Chapter 11 bankruptcy petition, the company has over $10 million in liabilities and less than $50,000 in assets. |
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irl1
Full Member
๐จ๏ธ 9,274
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December 2017
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Paddle8 Auctions ๐บ๐ฒ BANKRUPT , by irl1 on Apr 24, 2020 18:45:09 GMT 1, So basically another bunch of crooks are going to escape behind the corporate veil and good honest people and organisations will get fucked. I donโt believe for one minute that this is a legitimate bankruptcy. I transferred 16k ten days ago. WTF ... in my country you will go to jail for this
In early March, the New American Cinema Group in New York sued the company for allegedly misappropriating funds from its November charity auction; a week later, Paddle8 declared bankruptcy.
According to Paddle8โs Chapter 11 bankruptcy petition, the company has over $10 million in liabilities and less than $50,000 in assets.
hyperallergic.com/556032/oyg-underdonk/
So basically another bunch of crooks are going to escape behind the corporate veil and good honest people and organisations will get fucked. I donโt believe for one minute that this is a legitimate bankruptcy. I transferred 16k ten days ago. WTF ... in my country you will go to jail for this If they took your payment after they declared bankruptcy then it's fraud. In early March, the New American Cinema Group in New York sued the company for allegedly misappropriating funds from its November charity auction; a week later, Paddle8 declared bankruptcy. According to Paddle8โs Chapter 11 bankruptcy petition, the company has over $10 million in liabilities and less than $50,000 in assets. hyperallergic.com/556032/oyg-underdonk/ |
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pgm
New Member
๐จ๏ธ 204
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January 2015
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Paddle8 Auctions ๐บ๐ฒ BANKRUPT , by pgm on Apr 25, 2020 8:57:53 GMT 1, So hereโs the thing. basically they have been withholding payment from me for sales in December and early January. I sold some prints through them and they owe me about $3k.
Iโm named as one of the creditors in their chapter 11 filing and the original hearing was this week. But being in Greece and without access to legal advice in the states Iโm more or less clueless of what to do-I did contact the chambers of the judge for the case asking to be invited tot he creditors meeting but radio silence there as well.
Any ideas guys?
So hereโs the thing. basically they have been withholding payment from me for sales in December and early January. I sold some prints through them and they owe me about $3k.
Iโm named as one of the creditors in their chapter 11 filing and the original hearing was this week. But being in Greece and without access to legal advice in the states Iโm more or less clueless of what to do-I did contact the chambers of the judge for the case asking to be invited tot he creditors meeting but radio silence there as well.
Any ideas guys?
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irl1
Full Member
๐จ๏ธ 9,274
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December 2017
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Paddle8 Auctions ๐บ๐ฒ BANKRUPT , by irl1 on Apr 25, 2020 12:08:52 GMT 1, So hereโs the thing. basically they have been withholding payment from me for sales in December and early January. I sold some prints through them and they owe me about $3k. Iโm named as one of the creditors in their chapter 11 filing and the original hearing was this week. But being in Greece and without access to legal advice in the states Iโm more or less clueless of what to do-I did contact the chambers of the judge for the case asking to be invited tot he creditors meeting but radio silence there as well. Any ideas guys?
According to Paddle8โs Chapter 11 bankruptcy petition, the company has over $10 million in liabilities and less than $50,000 in assets.
hyperallergic.com/556032/oyg-underdonk/
On another note.
You should make a detailed statement to the F.B.I art fraud department (this can be done by email) and get anyone else in your position to do the same. This company committed fraud. They knew the company was in trouble a long time before they took your consignments.
hyperallergic.com/556032/oyg-underdonk/
The company need to be investigated by the police. You need to first report this to your local police station before the Americans. (they will tell you to do this)
I'm 100% sure if this company is investigated there will be fraud charges taken against whoever had control of the funds. The innocent staff will for sure tell the police what they know.
So hereโs the thing. basically they have been withholding payment from me for sales in December and early January. I sold some prints through them and they owe me about $3k. Iโm named as one of the creditors in their chapter 11 filing and the original hearing was this week. But being in Greece and without access to legal advice in the states Iโm more or less clueless of what to do-I did contact the chambers of the judge for the case asking to be invited tot he creditors meeting but radio silence there as well. Any ideas guys? The chances of being paid look zero and paying for a legal team would be throwing good money after bad. According to Paddle8โs Chapter 11 bankruptcy petition, the company has over $10 million in liabilities and less than $50,000 in assets. hyperallergic.com/556032/oyg-underdonk/On another note. You should make a detailed statement to the F.B.I art fraud department (this can be done by email) and get anyone else in your position to do the same. This company committed fraud. They knew the company was in trouble a long time before they took your consignments. hyperallergic.com/556032/oyg-underdonk/The company need to be investigated by the police. You need to first report this to your local police station before the Americans. (they will tell you to do this) I'm 100% sure if this company is investigated there will be fraud charges taken against whoever had control of the funds. The innocent staff will for sure tell the police what they know. |
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pgm
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January 2015
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Paddle8 Auctions ๐บ๐ฒ BANKRUPT , by pgm on Apr 26, 2020 5:06:06 GMT 1, Thanks for the suggestion, I will certainly do so
Thanks for the suggestion, I will certainly do so
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kalm
Junior Member
๐จ๏ธ 1,005
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November 2010
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Paddle8 Auctions ๐บ๐ฒ BANKRUPT , by kalm on Apr 26, 2020 7:06:25 GMT 1, Why do you use a bot? Do you think youโre better and more deserving than others? I would never make or buy one as itโs unethical and immoral to me.
Why do you use a bot? Do you think youโre better and more deserving than others? I would never make or buy one as itโs unethical and immoral to me.
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london
New Member
๐จ๏ธ 337
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March 2015
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Paddle8 Auctions ๐บ๐ฒ BANKRUPT , by london on Apr 26, 2020 13:38:58 GMT 1, every one should comment on that assholes instagram!!!!
every one should comment on that assholes instagram!!!!
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The Observer
New Member
๐จ๏ธ 317
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February 2017
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Paddle8 Auctions ๐บ๐ฒ BANKRUPT , by The Observer on Apr 26, 2020 23:23:29 GMT 1, The largest creditor is Stock Access Holdings who is owed over $8,000,000. Another large creditor is hashtag studios.
The largest creditor is Stock Access Holdings who is owed over $8,000,000. Another large creditor is hashtag studios.
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bjornca
New Member
๐จ๏ธ 635
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October 2010
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Paddle8 Auctions ๐บ๐ฒ BANKRUPT , by bjornca on Apr 30, 2020 4:14:51 GMT 1, Not legal advice so take at your discretion, but delivering or selling goods to a debtor within 20 days of filing may permit an administrative / priority claim to be filed under section 503(b)9 [there are also reclamation claims which have specific timelines and requirements]. Otherwise, vendors are typically general unsecured claims (any recovery is dependent on the situation, and the priority waterfall).
Not legal advice so take at your discretion, but delivering or selling goods to a debtor within 20 days of filing may permit an administrative / priority claim to be filed under section 503(b)9 [there are also reclamation claims which have specific timelines and requirements]. Otherwise, vendors are typically general unsecured claims (any recovery is dependent on the situation, and the priority waterfall).
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shy
Junior Member
๐จ๏ธ 1,590
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June 2018
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Paddle8 Auctions ๐บ๐ฒ BANKRUPT , by shy on Apr 30, 2020 13:07:34 GMT 1, Real Shame.
Collecting and selling art is a huge minefield.
you can get screwed buying art- by paying for it and not receiving
and then screwed again by selling or consigning art and not being paid for it.
You can also get screwed by buying original art only to find out it is a fake!
And one must always remember:
Art is EASIER to collect and much, much HARDER to sell
It is not a liquid investment that an be unloaded quickly like stocks
Real Shame.
Collecting and selling art is a huge minefield.
you can get screwed buying art- by paying for it and not receiving
and then screwed again by selling or consigning art and not being paid for it.
You can also get screwed by buying original art only to find out it is a fake!
And one must always remember:
Art is EASIER to collect and much, much HARDER to sell
It is not a liquid investment that an be unloaded quickly like stocks
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Paddle8 Auctions ๐บ๐ฒ BANKRUPT , by The Italian One on Apr 30, 2020 13:53:14 GMT 1, Real Shame. Collecting and selling art is a huge minefield. you can get screwed buying art- by paying for it and not receiving and then screwed again by selling or consigning art and not being paid for it. You can also get screwed by buying original art only to find out it is a fake! And one must always remember: Art is EASIER to collect and much, much HARDER to sell It is not a liquid investment that an be unloaded quickly like stocks
Real Shame. Collecting and selling art is a huge minefield. you can get screwed buying art- by paying for it and not receiving and then screwed again by selling or consigning art and not being paid for it. You can also get screwed by buying original art only to find out it is a fake! And one must always remember: Art is EASIER to collect and much, much HARDER to sell It is not a liquid investment that an be unloaded quickly like stocks at the moment I still prefer art than stocks |
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ca
Junior Member
๐จ๏ธ 1,925
๐๐ป 2,375
March 2011
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Paddle8 Auctions ๐บ๐ฒ BANKRUPT , by ca on Apr 30, 2020 14:05:55 GMT 1, Also, saying art canโt be liquid is a bit ignorant. Depends of the artist/piece, but thereโs stuff i could sell here under an hour
Also, saying art canโt be liquid is a bit ignorant. Depends of the artist/piece, but thereโs stuff i could sell here under an hour
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