The IRS name is a misnomer - collector Aran Stubbs worked for the Colorado Department of Revenue, not the Internal Revenue Service - but we're stuck with it, as we shall explain in a moment.
Aran Stubbs was, in the words of his lawyer, "a little different than the average person." "Very eccentric-looking," said Dorothy Dahlquist, a publicist with CDR. "Very eccentric-acting. And absolutely brilliant." "He had a very special Spartan lifestyle," according to attorney Steven Katzman. "It was just Aran and his dog." And as far as anyone could tell, Stubbs didn't care a whole bunch about the dog. He had two passions in life - computers and comic books - and his genius was figuring out a way to use the first to acquire the second.
When Stubbs was first hired by the Department of Revenue, the agency didn't run background checks, so the agency never discovered that its new clerk had two convictions for burglary as a teenager and in 1979 had pleaded guilty to mail fraud, serving four months of a four-year sentence. All CDR knew was that Stubbs was very good at his job and very adept with computers. He rose steadily through the ranks and kept his eyes open. By the time Stubbs became a chief computer programmer in 1990, he knew how the system worked.
He knew, for example, that if someone prepaid an estimated tax, then died due a refund, CDR would never send it out. Because no one would file for the refund, CDR would stow the money in that unopened account forever. "Never say forever." That was Stubb's motto. He had a huge comic book collection - several hundred long boxes - but he didn't have the money to fill in all the holes until he started tapping those unopened accounts.
"Aran would manipulate the system," Dahlquist explained, "forcing it to issue a check, either to himself or to the account. then he would either intercept the check or have it sent to his house." Dahlquist said agency investigators believe Stubbs began diverting funds in August 1991, and for several months no one was the wiser. Stubbs kept the checks small and his ears open, in case CDR had plumbers listening in for small leaks. As he hit the major-league mail-order dealers around the country, he always paid with cash.
But the caution didn't last. "The process got addictive," Katzman said. "You don't know when enough is enough. Greed overtakes your better judgment. The thing overtook him." Stubb's mistake was to begin paying for his larger orders not with cash but with the actual state warrants. "He contracted at least one dealer," Dahlquist said, "saying, 'I am representing a group of people who want to invest in comic books. I will send you a Colorado state income tax warrant. It will be endorsed. Just use that as payment.'"
The scheme quickly pricked the suspicions of one dealer, Harley Yee of Detroit, who called the Department of Revenue and asked if the check was good. When the investigator researched the refund check, he discovered the name on the check belonged to a dead man. Dahlquist said the agency security systems were already tracking a thief inside the agency: "We knew someone was doing it. The comic book angle identified Aran."
Stubbs was arrested on March 19, 1992. "If the scheme had run its full course," Katzman said, "Aran would have been out of the country. He didn't expect them to find out about it so soon." Estimates of what Stubbs stole ranged from $150,000 to $500,000, but the state eventually settled on $180,000. Stubbs was charged with a Class 3 felony - theft over $10,000 - and pleaded guilty to a Class 5 offense, embezzlement of public property.
Stubbs could have gone to jail for up to 16 years on the original charge; he ended up escaping prison time entirely. Instead, he was sentenced to four years' probation and ordered to forfeit his collection to repay the Department of Revenue. The collection consisted of 400 long boxes, or approximately 60,000 comics. Stubbs had stored the best of the lot - Detective #38, for example, and Showcase #4 - in three freezers in his house. In no mind to go into the retail business, the CDR decided to auction off the entire array in one lot by sealed bid.
The winners of the auction - RTS Unlimited of Golden, Colorado - quickly dubbed their take the "IRS Collection" in huge, obnoxious ads in the Comics Buyer's Guide. Although others who had viewed the collection came away unimpressed by its quality or the number of key books, RTS promised buyers that "each comic will be issued with a certificate of authenticity to validate it's pedigree and unique origin from this important part of comicdom history."
How important? RTS demanded $22.85 ($19.95 for the catalog and $2.90 for shipping and handling) for the "100+-page inventory listing" of Aran Stubb's ill-gotten gains.
--from Comics: Between the Panels
