Category Archives for News

Upper Deck to IRS: Industry Trolls Hurting Our Business!

Are you a sports card industry troll? In court documents filed on March 16, 2017, Upper Deck claims industry trolls are hurting its business!

Since 2012 Upper Deck has been involved in a dispute with the IRS.

One of the more eye-opening court documents is from July 2013 which states Upper Deck had “combined deficiencies exceeding $160 million from 2000-2004.”

This is on top of a 2008 settlement with the IRS and California Franchise Tax Board for a combined $97 million in back taxes and interest.

On March 16, 2017 the U.S. Tax Court struck down a motion from Upper Deck to seal all records of the ongoing 2012 case.

A new court document reveals explosive details about alleged ongoing harassment Upper Deck and its employees have received as a result of the tax information being public:

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DnT Sports Cards: Group Break Scam

Be careful who you break with! DnT Sports Collectibles owner Dustin Cabaniss Clay tried some sleight of hand during a recent 2016 Panini Honors Football break.

Collectors caught on quick and Clay was lit up across message boards, Twitter, and Facebook.

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Blowout Cards HACKED: Collectors Hit For $100K +

Blowout Sports Cards has been hacked! First reported by Sports Collectors Daily in April, word of the attack is slowly trickling through the hobby.

Credit and debit card users from January – April 20, 2017 could have been impacted.

A quick browse through a forum thread about the data breach, one collector got hit for $30,000 in fraudulent charges!

The response from Blowout has been weak at best. Some are reporting they have discovered fraudulent charges without getting notice from the company.

New Podcast: Blowout Sports Cards Hacked

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Panini America Greatest Hits of Fraud, Scams & Mistakes

Here are the top mistakes, blunders, scams and/or boo-boos in the short history of Panini America’s presence in the U.S. sports card market since 2009.

Magic Johnson Autographs on Jordan Swagerty Cards
(2010) – The Magic Mistake

The first high profile mistake by Panini. The company affixed Lakers legend Magic Johnson sticker autographs on then baseball prospect Jordan Swagerty Donruss Elite cards. Swagerty never made it out of AA and Panini ended up wasting 905 Magic Johnson autographs on Swagerty cards.

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Cardboard Connection “CEO” Mike Smeth Scandal UPDATE

On March 17, 2016 Cardboard Connection CEO Mike Smeth assaulted 3 people with a gun and threatened to kill them!

The erratic Smeth was sentenced to 5 years and 12 months probation after pleading guilty on February 9, 2017.

Keep in mind, Cardboard Connection CEO Mike Smeth has also been accused of hacking into Panini’s Tracy Hackler and several of his former business associates at Cardboard Connection. It’s believed no criminal charges have ever been filed in regards to the hacking.

I’ve reached out to several current employees of Cardboard Connection for comment and have not received a reply.

Having personally met Smeth before, this is a person you want to stay away from at all costs.

Original Post on the Mike Smeth Scandal

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