PWCC cracks me up

[Peter_Spaeth]

Originally Posted by Lorewalker

I assume the FBI was involved in the eventual arrest of Mayo McNeil--the 82 year old dude who was moving reholdered PSA cards for the fella in Mexico. I do not have the numbers but my sense is that economically speaking, the damage done by just the cards sold by Mayo over his entire time involved in that fraud was a fraction of the fraud that was/is committed on an annual basis by others who were being investigated at one point.

Tiny drop in the bucket but they probably had an open and shut case.

[Lorewalker]

Originally Posted by Peter_Spaeth

Tiny drop in the bucket but they probably had an open and shut case.

FBI has busted several hobby related crimes that amounted to next to no money because they were easy to prosecute. Mayo did not pose a threat to the hobby. Sure the dude slabbing the cards in Mexico is still at it too.

This was simply a threat to PSA's brand...sorta. PSA did not really care if an unsuspecting collector spent 100K on a fake card. They cared if an unsuspecting collector bought a 100K fake card and then swore off buying the PSA brand.

Card doctoring is not a threat to PSA. Seems like they love it because otherwise there would be no vintage 9s or 10s or 52 Topps Mantles that were VG that are now in 7 holders. More money for the slab means more dollars sent PSA's way.

[Casey2296]

Not to disparage any FBI agents on the sub but they pick prosecutable low hangin fruit, much like the breakdown of society the wound is still infected and will fester and grow.
If we approached crimes like our Communist brothers in China all it would take is one card doctor getting life in prison to stop the whole merry go round.