Quote:
Originally Posted by perezfan
It is indeed a "buyer beware" environment. The less we support these dealers and less we submit to corrupt TPGs, the more they will feel it in the wallet (and perhaps make some changes in order to stay afloat). Given PSA's arrogance and denial, I doubt that they'll ever change their schtick. But at least an honest/competent/impartial alternative TPG could arise from this.
Do you believe no jail time or punishment will occur just because it's taking so long to see any arrests or indictments from Law Enforcement? Is there any other evidence or reason you believe they'll all get off scot-free? We know the FBI takes quite a while to conduct a full and deep investigation.
I am getting discouraged too... the number of altered cards residing in numbered PSA Holders is accelerating (and showing no signs of slowing down). It is quite frustrating that the shady dealers, card doctors and especially PSA get to conduct business as usual throughout the FBI investigation.
But what is your basis for thinking that no arrests, punishments, or shut-downs will occur in the end? The mountain of indisputable evidence already has them all dead-to-rights.
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Mark I’m more along the lines thinking this.....Auction Houses will have to pay back for bad cards...not criminally Civilly .....if shilling/market manipulation is proven then maybe they are charged criminally for fake sales. As for card doctors I Believe it’s extremely difficult to prove beyond a reasonable doubt that a specific person altered said specific card....idk maybe it’s just me being a cynic.
PSA/TPGs will face zero criminal consequences they’re just rendering a opinion.
Only if and Major If there are proven bribes being taken by their employees for specific clients...Major .auction houses may have to sue the TPG for having to buy back so many bad cards...unless it’s proven that they’re in on something with the Graders...idk
It’s really slimeballish we all know this coming into the game...it’s been this way for 30 plus years......doesn't make it right or justifies any of this....that’s why I believe the market and only market can fix this Nothing more noting less buyer beware.
So I think certain auction houses and it’s affiliates whom bid up MAY face some criminal stuff for shill bidding not for altering cards......
I think No card doctors will be prosecuted super hard to prove...