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Originally Posted by 70ToppsFanatic
Actually in this case PSA has apparently found a willing party to cover those costs instead of going to jail for being party to a fraud.
I expect that as cards are shown to be altered and traceable to PWCC they (PWCC) will make restitution for them and turn in the cards to PSA. Meanwhile, PSA will continue to stand behind their brand and methods.
Unless forced by legal actions to disclose the full breadth of possible affected cards there is no way PSA would ever issue a comprehensive flip list. Ultimately only those cards that can shown to be doctored (along the lines of what has been shown on BO) will ever be dealt with. The rest will stay in their existing slabs and continue to be regarded as the real deal by those who are not aware of this situation. If submitted for review PSA has no incentive to change the original opinion, because doing so would undermine the perception of their brand.
If you have any doubts about this scenario coming to pass just go back a few years and see what happened to the majority of the “late model” vintage cellos with stars showing that made it into slabs and are still being bought, sold and exchanged in the hobby today.
This isn’t like Johnson & Johnson and the Tylenol problem in the 80s.
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This is exactly what I've been trying to convey all along, but it seems to fall on a lot of deaf ears. I guess this group largely wants PSA to thrive and survive for personal financial reasons.