Owner of Hank Lee's Magic Factory charged With $500K Fraud

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Owner of Hank Lee's Magic Factory charged With $500K Fraud

Postby Tomo » Mar 31st, '12, 10:03

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Re: Owner of Hank Lee's Magic Factory charged With $500K Fra

Postby Lawrence » Mar 31st, '12, 10:18

My Word!

Check your accounts regularly guys!

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Re: Owner of Hank Lee's Magic Factory charged With $500K Fra

Postby Mandrake » Mar 31st, '12, 10:43

From Hank Lee's Email Newsletter Friday, March 30th

Greetings from all of us at Hank Lee’s Magic Factory. Another fine week here in New England.

For the past 37 years, it has been our pleasure to serve your magical needs. From the very beginning, I brought you into my personal life. Our advertising always spoke of my family and my life, in, I hope, an entertaining way. With the advent of the email Newsletter, you have received a weekly dose of what was going on in my life. Bonnie, the kids, the dog, everything. I have always tried to keep you “in the loop.” I hope you feel that you know me very well.
Have we always made everyone happy? No. It would be impossible. When dealing with thousands of customers, there will be some small percentage we just can’t please. It’s part of life.

Recently, I have been told about some wild rumors going around about Hank Lee’s Magic Factory. I suppose they started when I postponed this year’s Cape Cod Conclave. I hate rumors. Really. I don’t visit any of the cafes or forums, because, well, just because I don’t. A few close friends have called to say that there are rumors going around.
It is really odd that the folks who started the rumors have not contacted me directly to find out what, if anything, is going on. Of course, if they did, then the rumors would be horribly tainted with fact.

Without knowing exactly what the rumors are, I can tell you that Hank Lee’s Magic Factory is open for business, every day and the intention is to stay that way. We are taking orders, shipping orders and it’s just business as usual around here. If you call us, we will answer the phone. If you email us, we will answer your emails. If you place orders with us, we will ship them. Today, tomorrow and for the foreseeable future. I will be here, in my same old chair. I hope that this helps clear up any rumors that you may have heard or any that you may have started.

That having been said, let’s move on to this week’s excitement.



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Re: Owner of Hank Lee's Magic Factory charged With $500K Fra

Postby mr invisible » Mar 31st, '12, 12:14

So are they just Rumours then? :shock: :?

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Re: Owner of Hank Lee's Magic Factory charged With $500K Fra

Postby Mandrake » Mar 31st, '12, 14:44

I guess we just keep on checking for latest news and take it from there. We have to be careful, if they are just rumours then we should do nothing which will damage someone's reptation and business.

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Re: Owner of Hank Lee's Magic Factory charged With $500K Fra

Postby MiKo » Mar 31st, '12, 15:21

Actually what should be done is contacting the author of the article (the email is at the top) and then ask for more evidence: if he's telling something wrong, then HE should be prosecuted for potentially damaging Hank Lee's business...

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Re: Owner of Hank Lee's Magic Factory charged With $500K Fra

Postby Mandrake » Mar 31st, '12, 16:17

I have no doubt that the folks at Hank Lee are doing something along those lines - this is the kind of thing where only the lawyers benefit.

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Re: Owner of Hank Lee's Magic Factory charged With $500K Fra

Postby Tomo » Mar 31st, '12, 18:21

Calm down chaps, the report is based on court filings.

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Re: Owner of Hank Lee's Magic Factory charged With $500K Fra

Postby Mandrake » Mar 31st, '12, 23:07

Email arrived:

A Special Message From Hank Lee:

Greetings from me, Hank Lee.

I suspect that by now you have read the reports of the government’s charges against me. I have agreed to plead guilty to these charges. Although the charges allege misuse of a customer’s credit card, I am writing to assure you that Hank Lee’s Magic Factory has since adopted procedures to insure the safety and privacy of our customers’ information.

I was wrong in every way, and now I will face the consequences. I could not possibly be more sorry for my behavior.

My actions have deeply impacted my family. And, I know that they have impacted you, our customers and friends. While we have tried to build a base of trust over the last 37 years, it has been seriously damaged, and must now be rebuilt.

If there is a brighter side, Hank Lee’s Magic Factory is not just about me. It is about our long time employees who are here every day and could not be more honest, forthright and knowledgeable. These people can be trusted, 100%. They have been with Hank Lee’s for more than 20 years each and have impeccable records, both in life and in the workplace.

In the past day, I have received many emails and notes. Most are from people hoping that the present situation resolves itself quickly and wishing me the best in this difficult time. Some are from people who do not exactly wish me well. This is to be expected. I appreciate all correspondence.

This is what I can tell you right now. Hank Lee’s Magic Factory is not in danger of closing. We will continue to accept your orders, process them and ship them as always. I hope that you will continue to place orders with the Magic Factory, and allow me to rebuild your trust in us.

Hank


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Re: Owner of Hank Lee's Magic Factory charged With $500K Fra

Postby TonyB » Apr 1st, '12, 00:59

The guy is pleading guilty. That is all you need to know. Not rumours, reality. He will probably do time, though not that long. Maybe a year or two. For half a million they will not just let him walk.

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Re: Owner of Hank Lee's Magic Factory charged With $500K Fra

Postby DrTodd » Apr 1st, '12, 07:48

Unbelievable! 37 years of business down the drain....

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Re: Owner of Hank Lee's Magic Factory charged With $500K Fra

Postby Heckler » Apr 2nd, '12, 08:37

Half a Million! Whenever you hear about these sort of frauds it's always because they don't steal little bits they just keep on stealing.

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Hank Lee Magic Factory charged: 500k stolen from customer.

Postby Lord Freddie » Apr 3rd, '12, 14:54

http://medford.patch.com/articles/owner ... m-customer

..and the site is still operational and taking orders!

www.themysticmenagerie.com

"You're like Yoda ..... you'd sell out to a Vodaphone advert if the money was right."
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Re: Owner of Hank Lee's Magic Factory charged With $500K Fra

Postby Mandrake » Apr 3rd, '12, 17:29

Freddie's post has been moved into this one to keep all the threads together. Not only are they still taking orders, they're still sending out the regular emails of special offers, latest effects etc.

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Re: Owner of Hank Lee's Magic Factory charged With $500K Fra

Postby mark lewis » Apr 3rd, '12, 17:50

Magic dealers are suffering nowadays with the recession and the competition from the internet. This must have been a cash flow problem and Hank got tempted. Still, Judge that ye be not judged and that sort of thing. Sinners casting the first stone and all that.

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