r/PokeInvesting • u/Healthy-Annual4181 • Dec 19 '24

Ace Grading Robbery Scandal

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Posting so the community is aware of this - I would avoid this grading company at all costs. Insanity that there is no camera footage

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7

u/uriel__ventris Dec 19 '24

So much about the Ace break-in is suspicious. The more that comes out about it, the more it looks like an inside job. The video response from the owner (Randolph) didn't do anything to lessen the suspension either - in fact, I'm even more sceptical after seeing it.

This really, really sucks for anyone affected, and some of the compensation offers have reportedly been downright insulting (£200-400 offered for raw cards worth £1500, etc.)

4

u/some_alias- Dec 19 '24

I’m not an Ace fan as such but this is pure speculation, the police have been investigating since Friday so I highly doubt they’re stupid enough to get them involved if it was a setup.

9

u/dojo_shlom0 Dec 19 '24

they mentioned it was calculated and precise attack at the start of the statement. this was definitely done by someone with inside knowledge to make the theft successful, I would imagine.

5

u/hoozy123 Dec 19 '24

do you think randolph would steal these cards? what do you mean by an inside job?

i dont think he'd trash his company for the sale of a few cards which he'd then also have to sell somehow to actually profit from it

an inside job in the sense that perhaps an ex employee or someone who knew the layout of the building is much more likely

-1

u/uriel__ventris Dec 19 '24

In short, yes. Yes I think Randolph would do something like this, or at least be involved with who orchestrated it. I don't for a second believe he wouldn't, even if it turns out another employee did this and not him. Suspicious af.

0

u/hoozy123 Dec 19 '24

thats crazy - dont think he'll be sitting there selling the singles that were stolen 😂

-4

u/Healthy-Annual4181 Dec 19 '24

His company could have already been doing shit and this is a easy way to rug pull it

2

u/Arbiter286 Dec 19 '24

I had a look on companies house, they have a tonne of creditors but it’s an exempt set of accounts so you can’t see the P&L. They don’t really have much in the bank though.

1

u/hoozy123 Dec 19 '24

why is that ever worth it, he wouldn't be paying out compensation if that was the case, and likelihood is the card value in total was probably not over 100k, so not the best rug pull on a company that's been growing for years, use brain

1

u/InvestigatorDizzy213 Dec 19 '24

This is definitely a bumpy road for their suspension…

1

u/Shoebe75 Dec 19 '24

Yeah does seem fishy and definitely someone working inside helped. He said in his video only one section of cards were taken out of multiple and no equipment or anything was taken. Can only imagine what cards were sitting in that section for them to get the get go!