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Prakash John's bass returned.

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My good friend, and frequently my boss (I do FOH for him) told me a great story last night at dinner.
His ancient Ricky 4003 that was used on countless records and tours with Alice Cooper, Parliament/Funkadelic, Lou Reed, James Brown..........and was stolen 30 years ago has been returned!!
The highly modified Ric 4003 was in Neil Moser's shop awaiting repairs. The shop was broken into, and Prakash's bass, among other cool stuff was taken.
A few weeks ago, a reader on a Rickenbacker forum notified Prakash that his bass was in a post. Prakash's lawyer got in touch with the new 'owner' (NOT the thief), and it's return was arranged. Last week his son Jordan flew down and picked up the bass.
After the theft, Prakash briefly used Spector basses until Bernie Rico, and Neil Moser built the basses he currently uses. The returned bass needs some parts and will go on the road with him again.
Couldn't lift a good pic of the bass, but it's in the top picture of this post from the Welcome to my nightmare tour. Link Removed

Here's some footage from Rock and Roll Animal. Prakash joined the band 2 days before this was recorded. Good shots of the bass at about 7:20


Sometimes good things just happen out of thin air.


That is so cool! Congrats to Prakash. And that intro and song are some of my favorite music ever recorded. I've been known to leave them on repeat all day while I work. Sometimes I do that with the whole album, sometimes just Intro/SJ. Simply brilliant.
 
It depends on whether the current owner was what is known as a "bona fide purchaser for value without notice" or the equivalent. Trust me, the details are boring, but the simple version is this: the current owner doesn't just lose what they paid IF they bought the bass in good faith for value (i.e., it wasn't given to them) and did not know or have reason to know that it was stolen.

I suspect it varies by state.
 
That's what it looked like sitting on my kitchen table after I bought it off ebay back in 2014.
The posts were on the Rickresource around September-October 2014, not a couple weeks ago as the original post stated.

Rickresource Rickenbacker Forum • Login

I'm not 100% sure that link will work. It goes to the "marketplace" and you have to be a member to be able to see that area.
 
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That's what it looked like sitting on my kitchen table after I bought it off ebay back in 2014.
The posts were on the Rickresource around September-October 2014, not a couple weeks ago as the original post stated.

Rickresource Rickenbacker Forum • Login

I'm not 100% sure that link will work. It goes to the "marketplace" and you have to be a member to be able to see that area.
Thanks. I got the impression from Prakash that it had just recently been discovered. I know he just got it back this past Superbowl weekend.
 
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That's what it looked like sitting on my kitchen table after I bought it off ebay back in 2014.
The posts were on the Rickresource around September-October 2014, not a couple weeks ago as the original post stated.

Rickresource Rickenbacker Forum • Login

I'm not 100% sure that link will work. It goes to the "marketplace" and you have to be a member to be able to see that area.
That's incredible!
By any chance did you get a photo of the back? I'd be fascinated by what routing may have been done, and how his electronics may have worked.
 
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I had lost track of it until your post. It brought back some bad memories.
I bought it off ebay in 2014 with the intention of restoring close to 1968 specs. After a couple months and a few set-backs I lost interest due to how much it was going to cost. I ended up selling to another forumite. Then in the spring of 2015, I was contacted that this may be Prakash's bass. It had undergone a complete refurbishment after I had it and then my best guess is another refurbishment to whatever state it's in now. I haven't seen it since about 2015.
I'm glad he has it back.
 
Where did this picture come from? I want to see more of this bass! Anyone have the link to the Rickenbacker thread where it was discovered?

That's incredible!
By any chance did you get a photo of the back? I'd be fascinated by what routing may have been done, and how his electronics may have worked.

Unfortunately, I only have a bad picture of the back left.
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The "current owner" looses. It was never his to begin with. I won't buy anything used without complete "chain of custody" documentation for this reason. I don't buy much expensive used gear.

Or make a receipt if you need one...
What if the guy you bought it from lied on or about the receipt?
Much more complicated than "chain of documentation"
 
Or make a receipt if you need one...
What if the guy you bought it from lied on or about the receipt?
Much more complicated than "chain of documentation"
The answer to your question / comment is that the matter won't come up unless someone claims they are the rightful owner of property you, for example, are in possession of. In that case, in the US, if the, "guy you bought it from lied on or about the receipt", because the property is stolen property, you loose. How complicated is that?

There is a term known as, “chain of custody”, i.e., ordinarily used to document the sequence of custody, i.e. who has / had custody and control of evidence held by the authorities in a criminal case. There is also something called a, “chain of title”, ordinarily used in real estate transactions to document ownership / all prior ownership of real property. I used the term, “chain of custody”, to refer to the sequence of custody of property sold from one legitimate owner to another. I should have used the term, “chain of title”, which would have been more accurate, and easier to understand.

The documentation of the chain of custody or chain of title in this case would be the legitimate sales receipts held by all prior owners and passed on to each successive owner beginning from the original owner. The original owner would be the rightful owner if his property was stolen from him. Otherwise, the rightful owner would be whoever legitimately purchased the property from the original owner, etc., etc., etc. I’ve never heard of your, “chain of documentation”, although I know what you mean. Whatever you want to call it, a, “chain of documentation”, will have no standing or relevance if it has been falsified. That’s pretty simple, isn’t it?

If a person from whom someone purchased property faked a receipt and wants to take the chance of perjuring themselves in a court of law with something like that when the rightful owner shows up to claim their property, not to mention submitting false evidence to the court, then the rightful owner's receipt which can easily be substantiated as genuine will take precedence and supersede the fake receipt. The person who faked the receipt and then sold the property will be in hot water with the judge because judges take a decidedly dim view of people who do things like faking receipts, submitting false evidence and perjuring themselves in a court of law. Judges have been known to cite people who offend the dignity of the court for contempt of court, fine them substantial sums of money, and send them to jail to think about it. They will also refer the matter to the DA's office for possible prosecution for perjury, etc., while the receipt faker is waiting to get out of jail for contempt of court. Anybody feeling lucky?

On the other hand, in the event the receipt was faked further on down the line by someone other than the person selling the property, and someone purchases that property, and even if the purchase was made in good faith by both parties, the buyer of stolen property still looses once a legitimate receipt is produced by the rightful owner who is using the power of the court to claim their property. There's nothing complicated about this at all. It’s enshrined in the Uniform Commercial Code. Have your attorney explain it to you.

It’s up to the buyer to authenticate any receipts offered by a seller. If a buyer fails to do this correctly and the rightful owner shows up to claim their property, in the US, the buyer of stolen property looses. Simple.

If someone claims to be the rightful owner of property you are in possession of, or if you believe someone is in possession of property stolen from you, seek and obtain genuine legal advise from a licensed attorney. I am offering some examples I have seen along the way, but you can’t use me or TB to guide your actions in these kinds of cases. I don’t give legal advise to anyone. Good luck.
 
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