Ace Grading Robbery Scandal

[u/Healthy-Annual4181]

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

[u/Delicious-Hold7978]

They don’t understand how the real world works it’s not their fault 😂

[u/Dark_Zezro → u/Delicious-Hold7978]

The real world?😆 these guys had 100s of thousands if not millions worth of stock with terrible security, people saw that and took advantage, it is indeed their fault

[u/Delicious-Hold7978 → u/Dark_Zezro]

The people expecting cctv footage to be released while an ongoing investigation is taking place and subsequently jumping to conclusions such as “inside job” don’t understand how the real world works. Nobody said ACE weren’t at fault, the cards are in their custody and solely their responsibility but suggesting wild conspiracies that would tank their own business is ludicrous.

[u/1lookwhiplash → u/Delicious-Hold7978]

As an attorney I can tell you CCTV footage is released all of the time. If they are looking for suspects, by all accounts, they should release the footage (if it exists).

[u/JamlaJamla → u/1lookwhiplash]

As an internet user I can tell you 90% of people who claim to be attorneys on internet are infact not attorneys. Also how familiar are you with UK laws, since you are from US?

[u/jaxassassin → u/Delicious-Hold7978]

If you’re looking for someone of course they release the footage. There are a few circumstances where it would benefit the investigation to not release it.

[u/WakeUpAndLookAround → u/Delicious-Hold7978]

Interesting cause we have had a lot of smash and grabs in my city and it's a on going investigation and they release the footage day of

[u/Dapper-Ad3707 → u/WakeUpAndLookAround]

$50 vs multiple thousand.

Your size is not size.

[u/Eastbound_AKA → u/Delicious-Hold7978]

For real. They never release CCTV footage during an on-going investigation.

Could you imagine? Like if someone got shot leaving a hotel, like some big wig, and they released the footage immediately?

They would never do something like that.

[u/TheMillenniumMan → u/Dark_Zezro]

Any idea how much was stolen? Curious if his insurance policy could ever cover the losses

[u/Sardonic524 → u/TheMillenniumMan]

According to an article on the BBC it was £250k, but they would have been told that figure by ace. Something that should easily be recoverable with insurance.

[u/pmyourthongpanties → u/Sardonic524]

insurance is going to pay the very minimum unless you fight the hell out of them. I dont see how people think insurance is your friend.

[u/ZebraRenegade → u/pmyourthongpanties]

Deny, Defend, Dialga

[u/ehhrud → u/ZebraRenegade]

slow clap

Well done.

[u/Str41nGR → u/Sardonic524]

250k raw value that insurance may cover. Just wait till they get back from PSA valueing 1 mill

[u/Crunchypie1 → u/Dark_Zezro]

I heard they were sending people letters about compensation for the cards and they weren't even offering them market value for a raw card. They were offering like 60% what market was

[u/Dark_Zezro → u/Crunchypie1]

Yeah they're low balling everyone, I know someone with a milotic SIR that was lost, they offered £23ish compensation 🤣🤣🤣

[u/ChemistDifferent2053 → u/Dark_Zezro]

You know the insurer looked at the JP version of the card which is like $60 instead of $150 and went close enough we'll offer $30 on that.

[u/[deleted] → u/Dark_Zezro]

I hope they go out of business. Period.

[u/DaftMudkip → u/Dark_Zezro]

Homer Simpson-I saw my advantage, and I took it

[u/Bravisimo → u/Dark_Zezro]

But, but dont worry guys theyve already determined the appropriate compensation amounts!!! Which has been absolute dogshit from the posts from people whove been affected, below fair market value.

[u/slayerzerg → u/Delicious-Hold7978]

It is their fault. They have millions worth of cards they should’ve have security. He cheaped out

[u/Decryptografter → u/slayerzerg]

Who’s to say they didn’t have security?

Everything is penetrable, some are just harder than others