Gavin Abadi and Others Speak Out Against Unethical Ripoff Report

Ripoff Report ExtortionLike a dark cloud hanging overhead, ripoffreport.com has plagued Gavin Abadi and countless other honest and good business people.  All it takes is a quick Google or Yahoo search to turn up the unsettling – and now irrelevant – ripoffreport.com record mentioning Gavin Abadi.

For the record, the issue cited in the report regarding Mr. Abadi was resolved with the unsatisfied customer.  The items sold by Gavin Abadi were 100% authentic works of art.  The appraisal, however, allegedly did not meet the buyer’s satisfaction.  Even though such an issue is not required by Gavin Abadi to rectify, he did so anyway choosing to take a loss in favor of resolving the conflict with his buyer.

And take a loss he has.  Since that incident over 3 years ago, the ripoffreport.com article that so shamelessly assaults Mr. Abadi’s character and business ethics has cost him thousands of dollars in lost sales.  This fact led us to take a closer look at just what really is behind the ripoffreport.com machine.

We didn’t have to dig very deep to unearth all sorts of scandalous and unethical business practices that the founder of ripoffreport.com is involved in.  On top of that, there is report after report of ripoffreport.com stooping to outright extortion to have reports that tarnish one’s reputation removed.  And even further, there is also quite a bit of evidence that ripoffreport.com has a little help from none other than Google itself to keep the search results returning the website at the top of the results each and every time; often outranking the individual’s website itself.  This raised a few eyebrows.

One steadfast crusader for justice against the seeming alliance between ripoffreport.com and Google is Chris Bennett of 97th Floor.  Bennett does an amazing job of citing very specific violations of Google’s own search guidelines by ripoffreport.com.  Take a look at his very thorough article, “Public Spam Report: Google Your Honeymoon with Rip Off Report has to Stop.”

And it doesn’t stop there.  Hundreds upon hundreds of people are demanding that something be done about the injustice so unapologetically dished out by Ripoff Report.

One individual proceeded to conduct his own experiment with ripoffreport.com.  He intentionally filed two completely bogus fictional complaints on ripoffreport.com to test the sites verification methods.  Both of his fictional reports were published on the site less than 8 hours later without one single attempt by the site to verify the facts of the complaints.

The People’s Credit Bureau explicitly calls Ripoff Report a scam and warns readers not to believe a word published by the website.

Take a look at some of the evidence mounting against ripoffreport.com below and then ask yourself whether you want to place any stock what-so-ever in such an unethical and immoral business model.

Ed-Magedson-mugshot-RipoffReport“Ed Magedson and the Law:Marijuana possession & paraphernalia, check fraud
Default Judgment $30,041.21

ED MAGEDSON IS THE MAIN SUSPECT IN A FBI INVESTIGATION ALONG WITH HIS EXTORTION SITES: RIPOFFREPORT, BADBUSINESSBUREAU, ETC…. INDEED, RACKETEERING CHARGES ARE BEING FILED.

Conspiracy and Racketeering (RICO) proceedings as well as claims for defamation and invasion of privacy are being issued against ed magedson, again the owner of ripoffreport, Bad Business Bureau etc…”(Information provided byhttp://www.ezripofflawsuit.com/)

More Evidence of the unethical and illegal business practices by Ripoff Report:

Gavin Abadi Provides More Tips on Avoiding Scams and Ripoffs

gavinabadi_avoid_scams_ripoffsPart II of Gavin Abadi’s Expert Advice on Avoiding Ripoffs and Art Scams

Gavin Says:

Make sure the auctioneer is licensed.  Many states such as Florida have an auction commission that governs the auction business. The auction commission has very strict guidelines that have to be followed. If an auctioneer has been licensed for only a few months  and he is breaking any rules perhaps they haven’t caught up with him yet, as it takes a few months for them to investigate and hold a hearing.

If an auctioneer ever sells a fake item they would almost certainly loose there license on top of any criminal charges that would likely follow. Therefore, if an auctioneer has been licensed for several years that would be a good sign that he is legitimate. The auction commission is very strict so a practicing auctioneer that does a lot of sales may get small infractions such as a violation for not listing their license number properly on an ad which is a common occurrence due to newspaper typos. If his record shows he was fined and still was able to practice as an auctioneer that would most likely mean he could prove that he had submitted the ad proof correctly and it was published with a typo and was not his fault. However if his license was revoked it would most likely mean it was done intentionally. So as long as the auctioneer has a license to practice and has been licensed for a number of years, then you can feel more comfortable doing business with him as it is most likely not a scam.

Pay with a credit card!! If you are sold something fake you could dispute your credit card and be refunded. This lessons your risk of a scam.

Gavin Abadi has been licensed in Florida for over a decade.

Fine Art as an Investment: Advice from Inside the World of Art

Bonham's Fine Art
So you have made the decision to become the proud owner of a new masterpiece of fine art – not just for the aesthetic appeal it provides hanging on your wall – but also as an alternative investment. This decision can (and should) be a wise and profitable one for you.

This may be stating the obvious, but I would be remiss if I didn’t.  Rare art=valuable art.  A first hand original work of art is practically a must when looking to purchase a piece as an investment opportunity. Rarely will you find anything that will increase exponentially in value that is not an original work created and signed by the artists very own hands. Some exceptions to this rule do exist, of course. Usually this will apply to unique limited edition prints all done individually by the artists themselves.

According to the experts on Investopedia, several factors determine the value of an artist’s print: the size of the edition, that is, the number of prints the artist makes of one work; the significance of the work; the condition of the print; and whether it is signed and numbered by the artist. In the market for prints, it is rarity that bestows value. A low run of limited edition prints is more valuable than a mass-produced image. Even an earlier pull of a print – say No.10 of 100 (rather than No 80 of 100) – can mean better value.

Another important factor you should definitely abide by when considering your art investment is that it is a long-term investment. So enjoy it while it adorns your walls. Try not to get too greedy and sell too soon. When you are ready to sell your art your best resource for getting you the maximum value of the investment is to utilize the service of a fine art auction house. Auction houses like this vary by percentage of the final sale price so be sure to check out more than one and do your homework on the auction house. For a few tips on ensuring you are working with a reputable source, take a look at my previous blog posting entitled, Gavin Abadi’s Expert Advice on Avoiding Ripoff and Art Scams.

Gavin Abadi’s Expert Advice on Avoiding Ripoffs and Art Scams

Gavin Abadi Sells Authentic Art Live and WholesaleBuying a piece of fine art should be a fun and exciting experience for anyone.  Certainly not one where a fly-by-night “art auctioneer” promises you rare treasures only to swindle you out of what was going to be your newest investment by running an art scam on you.  Unfortunately, these guys still manage to weasel their way into even the most reputable art auctions here and there.
But no need to be discouraged.  The art of the deal is not dead by a long shot.  With more reputable auctioneers out there promoting genuine artwork at great prices, you can still give a live art auction a shot.
We, at Premium Art Alliance, endeavor to ensure that all of our artwork and collectibles are completely  authentic.   Our priority is making sure our clients get what they came for and win their auction item completely satisfied.  Each and every time.   Because of this we, as should the entire art community, take scams very seriously.
Follow my simple advice below to make sure you get the real art deal from a trustworthy art dealer.
  •  Do your homework.  If you are planning to attend an upcoming auction and know that you are interested in a piece of artwork or collectible being offered by a specific auctioneer then you should definitely take the time to do a little research before you ever get to the sale date.  Call the auctioneer or company and talk to them about their business.  Get the basics like how long they have been in business, how experienced they are in auctions, and also confirm a website address where you can get more information about them and assess how they represent themselves to the online community.
  • Ask for References.  Typically auction houses and auctioneers have a list of satisfied customers that they would have no problem referring you to.  Take a few minutes to contact the prior clients and get a brief summary of their experience with your potential new art salesperson.
  • Take a look at the participation schedule for live art auctions and see if your art dealer is a repeat attendee.   I conduct auctions on behalf of Premium Art Alliance weekly where we are in the same place week after week and attend the same large annual events year after year.  Someone attempting to run a scam will most likely not have such a consistent attendance.
  • Research the value of the piece you intend to bid on before you attend the auction.  While actual values of fine art is somewhat subjective, you can still have a general idea of whether a piece should cost you $300 or $3000.  Take a look at what the current retail prices are for similar pieces and also what the appraised value is for similar pieces.  The more information you have about the object you are bidding on, the better off you are.
If you have done due diligence by follow these simple steps, by the time you arrive at the auction you should be able to bid with confidence and have fun winning the auction for your desired rare treasure.
Good luck and happy bidding from Gavin Abadi and Premium Art Alliance!

Gavin Abadi, Art Auctioneer, Featured in Atlanta Journal Constitution

Gavin Abadi makes buying fine art fun
Goinggoinggone
Bid business: Auctioneer turns browsing, buying into an entertainment for his growing clientele.
BYLINE:    Tinah Saunders; Staff
PUBLICATION: The Atlanta Journal and The Atlanta Constitution
EDITION: Home; The Atlanta Journal Constitution
SECTION: CityLife Atlanta (Extra)
PAGE: JD4
The crowd was attentive, surfeited with ham biscuits, fruit salad, lemonade and homemade apple pie, as 26-year-old Gavin Abadi began to list the rules of buying at auction. “You can’t scratch your head in a place like this,” the young man joked, “you’ll buy the whole building.”
The reality is a lot less intimidating. Only those holding up numbered buyers’ cards are actually bidding on the items for sale at Gavin’s Estate Liquidations sales.
“We conduct English-style auctions,” Abadi said, explaining his humorous approach. “It’s a good time, an entertainment. You have to have fun with (the audience).”
Abadi has worked in the auction business since he was 16, learning its ins and outs from his aunt. He has been an auctioneer since he was 18, and figures he has conducted more than 1,000 auctions across the country in the past 10 years.
Abadi moved to Atlanta five years ago to open his own business, using personal savings and warehousing the merchandise in his own apartment. Today he employs 32 people, including three auctioneers who conduct six auctions a week in different cities around the Southeast.
In March, Abadi moved both the auctions and the warehouse to a larger and more visible location at the rear of 3097 Piedmont Road. Filled with furniture, accessories, garden furniture, and art and collectibles, the 15,000-square-foot warehouse is open for shopping Mondays through Fridays as well as every other Sunday for auctions.
A recent auction began with a pair of Chippendale-reproduction hanging shelves, which sold for $40 each. An elaborately carved mahogany corner chair went for $150. A 6-foot-tall bronze sculpture of an African woman brought $600. But Abadi had more trouble selling a Persian rug seized by U.S. Customs and obtained through a U.S. Marshal’s sale. Valued at $65,000, the rug carried a minimum bid of $15,000, but brought only one bid of $16,000. “You have to have at least two opposing bids to sell at auction,” Abadi said.
At these prices, Abadi said, he doesn’t always make money.
“That’s the nature of the beast. But I work on such a high volume, and we have a buyer’s premium, which adds 10 percent to the price of each item. It evens out eventually.”
Key to his success is the rapid turnover of merchandise. To ensure space for new containerloads as well as bring in cash, Abadi will wheel and deal during the week as well as during the auctions.
But the best prices are at auction. Lynn Williamson, who lives in the Emory area, calls the auctions “fascinating.”
“The prices are great. It’s different from Red Baron or Gatsby’s. These are things you can afford, and you don’t need a house as big as a castle for them,” Williamson said, referring to the size of imported antique pieces at other auction houses.
“We’re here to get a good deal, like everyone else,” Tammy Zemel said. “This is better than a store. There are no salespeople to pressure you, and if someone else gets the one I want, there’s always something else.”
Photo: Source of amusement: Wendy Oliphant and Mark Small, both of Roswell, enjoy the action during a recent auction. / DWIGHT ROSS JR. / Staff
Photo: Last call: Auctioneer Gavin Abadi (left) calls for final bids on a pair of dog statues during one of the auctions he holds every other Sunday at his Buckhead warehouse, which is open for shopping Mondays through Fridays as well. / DWIGHT ROSS JR. / Staff
Graphic: MAKE AN OFFER