Mark Schifter Arrested Again

[Chu Gai]

I spoke with the Court Clerk today and was informed that there will be a preliminary hearing scheduled for March 5 at 9am. At that time the court will decide whether there is sufficient evidence to proceed with a trial.

[chessman]

I spoke with the Court Clerk today and was informed that there will be a preliminary hearing scheduled for March 5 at 9am. At that time the court will decide whether there is sufficient evidence to proceed with a trial.

Any updates?

[Chu Gai]

Nothing significant. We'll see what happens next month.

Case Events
1/5/2012 2:00 PM BOND HEARING Held
1/10/2012 2:00 PM FILING OF CHARGES Continued
1/20/2012 2:00 PM FILING OF CHARGES Held
2/6/2012 9:00 AM PRELIMINARY HEARING Continued
3/5/2012 9:00 AM PRELIMINARY HEARING Continued
4/5/2012 9:00 AM PRELIMINARY HEARING Posted

Here's a pic of him during happier times visiting his extended family in Colombia.

[JohnA]

^ You just HAD to post that pic huh... not like I needed that image in my head...

[andy_c]

Man, it's been quite a while since this stuff originally happened. After reading this thread, I googled:

"schifter site:stereophile.com"

without quotes. His mugshot is number one on the list. Took me a moment to realize that it was actually my own post in their forum .

[Jed M]

Crazy stuff. Just saw this. Don't really come by much anymore but this does stir up some memories. Keep us updated if you follow up. I was SO CLOSE to send money for those RSL's. That seems like a lifetime ago. Thanks again Chu for all you did to uncover his web of deceit. Your tenacity is commendable, albeit a bit scary. Keep up the good work.

[droht]

It's funny, I haven't been around here in a quite a while, but when I come back what do I see? "Mark Schifter Arrested". It's like I never left...

Jed, you are right, it does seem like a lifetime ago. In many ways my passion for audio gear died when all that bad stuff went down at av123 and the community. But that is not necessarily a bad thing. I'm more interested in music (again) rather than the electronics that deliver the music. Not a bad thing. Maybe I owe MLS some thanks for that. Or not.

Chu, it's good to see you are still at it. It gives me some measure of faith to realize that everyone does not "get away with it".

[Solid-State]

Am I the only one that thought it strange his cabinets were made in of all places COLUMBIA!

[Chu Gai]

Am I the only one that thought it strange his cabinets were made in of all places COLUMBIA!

Actually, it's COLOMBIA but not so strange when you realize a few things.

He found a guy who was passionate about speakers and was willing to put up all the money to make them. A sucker. It didn't matter so much that the guy had no experience in large scale production and it showed in the enormous amount of B, C, and garbage stock that was being sent.

The guy extended incredibly favorable credit terms to Shifty such that Shifty was playing with the guy's money and in the end screwed him out many hundreds of thousands of dollars.

He was running out of capital and favorable funding terms from the few places in China he used to get products from. He'd already ****** Mr. Pu of SoundArts China out of over a million. Also, shipping times were less from Colombia.

Shifty liked going there. He could get away from his wife and party it up with the hookers since prostitution is legal there.

[Alex2507]

Shifty liked going there. He could get away from his wife and party it up with the hookers since prostitution is legal there.

Now that we have that covered do you know of a good connection for blow down there?