TOMPKINS COUNTY, N.Y. — Local auctioneer David Hall was again in court on Monday to accept a plea for cheating a Tompkins County man out of $227,000.
Hall, a resident of Spencer, plead guilty to second-degree Grand Larceny, a class C felony, for taking items on consignment valued at hundreds of thousands of dollars and not paying out the proceeds to the consigner after the items sold at auction.
The victim in the most recent case, as part of a saga of lawsuits brought against the auctioneer for defrauding customers, consigned thousands of his late brother’s items to Hall’s Freeville-based company Worth Auctions and National Book Auctions back in Feb. 2017.
Hall was indicted on the second-degree grand larceny charge in August. Though there are sales records from auctions throughout the spring and summer of 2017, Hall allegedly only ever paid out the seller $50,000 of the $325,000 he made selling the items. As part of the plea, Hall must pay full restitution in the sum of $227,100 to the victim.
Hall faces a heavy financial penalty, as well as possible jail time. Grand Larceny in the second degree carries a maximum possible period of incarceration of 15 years. Hall is due for sentencing in Tompkins County Court on April 2, at 1 p.m.
In May, Hall was ordered to pay more than $1 million in restitution after it was found that he had defrauded more than 100 consumers since 2015 following a case prosecuted by the New York Attorney General’s Office.
As part of Monday’s plea agreement, the Tompkins County District Attorney has agreed not to prosecute Hall on behalf of Tomkins County victims involved in the attorney general’s 2019 case.
Hall is the owner and CEO of Worth Auctions, National Book Auctions, Bid Club, Inc. and JLF Holdings. It does not appear that Hall has made any business transactions through any of these companies since Sept. 2019.