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Heritage Auctions Responds To Allegations Of “Fraud And Deception In The Retro Video Game Market”

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Following on from yesterday's accusations about "fraud and deception" in the retro video game market, a Heritage Auctions spokesperson has now issued a statement.

It "strongly refutes" allegations of its involvement in shill bidding, market manipulation, or any other illegal or unethical practices and wishes it was given an opportunity to respond before the video by Karl Jobst went live. Here it is, courtesy of VGC:

“Heritage Auctions wishes it had been given the opportunity to respond before the video’s publication, because there are numerous misstatements of fact and inaccurate conclusions contained within the piece.

“Heritage strongly refutes any allegation that it or its officers are involved in shill bidding, “market manipulation” or any similarly illegal or unethical practices. Heritage prides itself on our transparency and being a place built by and for collectors."

Heritage Auctions now welcomes the opportunity to discuss the video game market further with Mr. Jobst by inviting him to the company headquarters in Dallas to tour operations and speak with leadership.

Jobst has also shared his own thoughts about the company's response in a short message on social media:

Wata hasn't provided an official response to any of these allegations at the time of writing.

If you want to learn more about what's going on here, and didn't catch the original story yesterday, here's everything you'll need to get up to speed:

What do you think of Heritage Auctions' response? Share your thoughts down below.

[source videogameschronicle.com]

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