Here’s what Eric wrote from the floor:
Miami police arrested a man on Sunday suspected of passing bogus checks proportedly worth at least $10,000 at the Miami Beach Antiques Show. The man is suspected to have been working with an accomplice.
The cops nabbed him after our good friend Howard Roberts spotted a guy who fit the description of a man who passed a phony $4,400 check to one of his friends the day before. The man – who claimed to be from Philadelphia but spoke with a Russian accent – was identified while he was browsing some jewelry in the booth of dealer Michael Weinstein (who also does Atlantique City). After interrogating the man, police sought search warrants for three Miami-area hotel rooms. Not sure if any were in Miami Beach proper.
Police were able to recover items stolen with the bad checks on Sunday. It’s not clear if they were unable to secure some, or all, of the merch purchased on Saturday.
The Miami police should have a report shortly. It will be in the local press soon!
Trader will keep an eye on this in the next few days, but thanks Eric!