Dare To Do Your Diligence

In case you missed the bombshell news over the weekend, the New York Times published an article by Dan Wakin on 1/11/2013 which reported recently hired New Jersey Symphony Orchestra (NJSO) President & CEO Richard Dare had quit in light of a 1996 case in which he was charged with an “attempted lewd act upon” a 15-year-old girl. Accordingly, today’s article will focus on issues related to due diligence and executive …

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Even Without Machold, There Are Plenty Of Black Hats To Go Around

black hat

Alix Krista authored a detailed account of the rise and fall of violin dealer Dietmar Machold which appeared in the 10/19/2012 edition of businessinsider.com. It will be surprising if Machold emerges from the legal process without some jail time but even though he’s is, for all intents and purposes, out of the game that doesn’t mean the rare instrument trade is clear of bad guys.

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How To Be A Patsy: The Machold Update

Adaptistration People 132

Where would this business be without the reality show circus that is the world of buying and selling rare string instruments? Probably better off, but that isn’t the case. Nonetheless, an article by Carsten Holm (and translated from the German by Christopher Sultan) in the 5/10/2012 of Spiegel Online International brings us the latest (and incredibly detailed) installment in the life and times of the notorious Dietmar Machold (spoiler alert: it …

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Two Items Of Note

First up, on 4/3/2011 the New Jersey Star-Ledger published an extensive article written by Mark Mueller about the unfolding legal troubles which have contributed to violin dealer Dietmar Machold’s fall from grace. Among other items, the report recounts Machold’s involvement with the New Jersey Symphony Orchestra’s (NJSO) Golden (Pyrate?) Age instrument deal that soured mere weeks after being plucked from the vine. Mueller calls it a “recurring bad dream for the NJSO” and rightly so…

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Does The Name Dietmar Machold Ring A Bell?

If the name Dietmar Machold doesn’t immediately register in your mind, no worries. That likely mans you aren’t involved or watch the high end string market very closely. But long time readers might recognize his name from the New Jersey Symphony Orchestra (NJSO) golden instrument debacle from 2006 where Machold played a key role in those developments. As it turns out, Mr. Machold was recently arrested to face charges of fraud and misappropriation…

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