To be sure, there’s always been a reasonable amount of salesmanship in the collectibles and antiques industry. The law even allows a bit of puffery. Say, for example, an antiques dealer offers an opinion—“This is the best Chinese vase in the shop”—that’s puffery, and perfectly legal. But if the dealer offers a lie—“This is the best authentic Ming vase in the shop,” and he knows the vase is not authentic Ming—that’s fraud. Dealers understand this difference and exploit it. Lately, the number of unscrupulous dealers seemed to be growing. And no one in the federal government seemed interested in doing anything about it.
Goldman and I longed to send a message to the antiques and collectibles community, something that would make a big splash, enough to frighten shady brokers and alert unsuspecting collectors. But we needed a high-profile case, one with overwhelming evidence of widespread fraud, featuring white-collar collectors or appraisers, the antiques world equivalent of a Ken Lay or Bernie Madoff.
Pritchard and Juno presented such an opportunity. Here were a pair of local but nationally known appraisers, public television stars no less. If we could prove that they were dirty—that they fixed Antiques Roadshow segments and ripped off viewers in other sales—we wouldn’t just be sending them to prison, we’d be putting the collecting community on notice.
“I know it sounds like a cliché,” Goldman said as the waiter brought our fortune cookies and the check. “But we’ve got to let people know there’s a new sheriff in town, that somebody out there is watching.”
I agreed with Goldman, thrilled with his assessment and support. Still, I couldn’t help tweaking my friend. “OK, excellent, excellent. I’m in. But one thing: If there’s a new sheriff in town, I’m Wyatt Earp and you’re Deputy Dawg.”
MOST FBI AGENTS love to dive into piles of documents, combing through bills, credit card receipts, phone bills, letters, e-mail messages, bank statements, E-ZPass logs, court depositions, and other paper records, emerging from these fishing expeditions with smoking-gun evidence of a crime.
Not me.
I certainly subpoenaed records and used them as leads. But my skill was getting out and talking to people.
Thankfully, in the Pritchard and Juno case, my FBI partner, Jay Heine, and I had a head start on the dreaded paper trail. The assist came courtesy of the great-great grandson of the Confederate general George E. Pickett. His lawyer had already collected a mountain of paper evidence against the appraisers.
Months before we formally opened our investigation, the lawyer for George E. Pickett V sued Pritchard and Juno for fraud in federal court in Philadelphia. He alleged that Pritchard tricked him into selling significant Civil War artifacts his ancestor had carried during his calamitous charge at Gettysburg on July 3, 1863, the skirmish that is considered the high-water mark of the Confederacy because that is as far north as the rebels reached. The sale included the blue kepi hat and sword Pickett wore as he rode into the war’s bloodiest battle, as well as a map he sketched of Gettysburg hours before the famous charge. The Pickett family also sold the remnants of the general’s war souvenirs—his officer’s commissioning papers, a bloodstained sleeve ripped from his jacket after a bullet struck his arm, and a stack of letters. Pritchard appraised the artifacts for $87,000 and told Pickett’s descendants that they would have a better home in the new Harrisburg museum. This would be a great way to honor their ancestor’s legacy, Pritchard argued. The Picketts agreed to the sale at the appraised price, $87,000.
Later, George E. Pickett V was stunned to learn that Pritchard had sold the collection to the Harrisburg museum for nearly ten times as much, $850,000. In his lawsuit, Pickett cried foul. More incriminating evidence emerged during the civil trial, and Pickett prevailed with an $800,000 judgment.
Heine and I cherry-picked the best of the Pickett lawsuit records, but it was just the beginning. We pursued our own leads, subpoenaed our own documents, and interviewed our witnesses—not only in the Pickett case, but also in dozens of others that looked suspect. For each transaction, we tried to answer a simple set of questions: What pieces did Pritchard and Juno obtain? Was the price they paid fair? What promises did they make to the victims? Where did the pieces end up?
What we found made me nauseous.
LIKE A LOT of other Antiques Roadshow viewers, George K. Wilson of New York City became intrigued watching Juno and Pritchard appraise weapons.
His family owned a Civil War dress sword presented to his great-great-grandfather, Union Army Major Samuel J. Wilson. George Wilson wondered if the sword held historical value. Was it worth selling?
He went to the Antiques Roadshow website and found contact information for Pritchard and Juno. What happened next—according to the account Wilson gave me when I interviewed him—offers a window into Pritchard’s confidence game.
After some quick preliminaries on the phone, Pritchard asked if the sword had ever been appraised.
No, Wilson said.
Well, I’ll have to see it in person to give you an appraisal, Pritchard said. I’ll do it free of charge, just like I would on Antiques Roadshow, if you FedEx it to me. I’ll even send you the packaging. We do this all the time.
How can you afford to do this all the time at no charge?
The museums and collectors pay us for the appraisals if we sell them. Are you interested in selling the sword?
No, Wilson said. But I’ll be in touch.
Wilson called his mother, explained the offer of a free appraisal, and they agreed to send it to Pritchard. What did they have to lose? When Pritchard received the sword via FedEx, he called Wilson.
The sword is in pretty good shape, Pritchard said, but it needs some professional conservation. There may be some oxidation damage to the steel blade.
OK, Wilson said, how much is it worth?
Well, this sword is not uncommon, Pritchard said. It’s probably worth $7,000 to $8,000.
Hmm, how much will it cost to get it professionally conserved?
About $1,500. Maybe more. But there’s another option. I’m working with the City of Harrisburg, which is about to open a new Civil War Museum. This piece might make a nice addition. If you sell the sword to the museum, their conservators will restore it. They could feature the sword in the museum with a photograph of Major Wilson and a map showing the battles he fought in.
Wilson called back the next day and the two men struck a deal. The museum would buy the sword and include it in its collection. A month later, Pritchard sent Wilson a check for $7,950 drawn from the Pritchard/Juno business account, not from the museum or City of Harrisburg. Confused, Wilson called Pritchard.
Don’t worry, the broker said. We’re just the agent. You’ll be contacted by the museum soon enough.
Wilson cashed the check. It bounced.
Sorry about that, Pritchard said. Must have been an accounting error. I’ll send you a new check. By the way, the museum examined the sword and it’s in worse shape than I thought. You’re lucky the blade didn’t break off. They’ll have to do some heavy repairs before it can be displayed in the museum. But you know what? Good news! I’ll be touring with Antiques Roadshow at the Meadowlands in a few weeks. You should come!