The owner of this company was indicted by a grand jury two days ago.  All he did was steal $180,000.00 from over 700 victims in the guise of charitable donations. Avoid like the plague.  Sloppy journalism at its best.

Mark Schifter, CEO of AV123, was indicted on Charity Fraud on Friday.  Initial reports were confirmed after this deal was first posted.  While Mr. Schifter’s alleged actions are indeed deplorable, details are scant, especially in regards to how operations of AV123 were involved, if at all.

They used their company’s (AV123) online checkout system to ring up raffle tickets.  I would imagine more charges could be coming. 

The details aren’t very scant in the indictment if you care to read it.  Sorry, but I wouldn’t send anybody there if they cared about a warranty from an already problem ridden product.  Mark Schifter is that company and if he goes down so does the company.  If you feel comfortable giving this the EH seal of approval then thats great, but I would say its not just sloppy journalism but irresponsible too.

It should also be noted that the deal is for open box subs with finish imperfections. The new units are $699 for a single or $1099/1199 for the dual. Off course, shipping is pretty steep on items of this weight, but I think it’s discounted somewhat on the B-Stock subs.

The details are scant, Stephen, especially at the present time, because AV123 has erased or rendered invisible, all of Mark Schifter’s postings. The matter itself has been covered extensively and for some time at Audioholics in the Steam Vent section. As to their subwoofers, a reading of the company’s site and others will indicate they are very problematical units and hardly worthy of any sort of recommendation that is unless one would also recommend Yugos. A bit more diligence on your part would be appreciated otherwise you’re doing a great disservice to the buying public.

This product posting was made before any details of Mr. Schifter’s indictment were released (though the day of).  The deal itself has since expired, also. 

My comments on the performance of the product in my own still stand.  I can’t, however, recommend the product based purely on the questionable future of the company and possible diminished abilities to supply future customer support and warranty service. 

As for Mr. Schifter, he is still innocent until proven guilty and I will not pass any judgement in regards to his legal proceedings.