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Marx Cards Scam Marx Cards Fraud – What Is It?

Marx Cards Inc, a company located in the United States, specializes on authenticating and grade sports cards from customers of one of the most respected and well-established companies. This scam is targeting many cardholders and has brought the company to the forefront of the news.

Many videos and social media posts show that the company is guilty of fraud with Raw Sports Card Holders. Their cards were held at PSA until payment was made.

Let us learn more about Marx Card Scam.

What’s Marx Cards?

Marx Cards Inc was started by Michael Minjares (his brother) and Kevin Minjares (his sister). The company’s headquarters are in the United States. Customers are able to have their raw sports cards graded by an accredited authentication and grading company like PSA.

PSA (Professional Sports Authenticator) is the most trusted and largest third party trading card grading, authentication and certification company. PSA grading Canada is responsible to authenticate and certify cards and collectibles with cumulative declared ratings.

However, this company is making headlines because of a card scheme involving Raw Card Holders.

Marx Cards Fraud – What Is It?

Marx Cards acts as the third-party submitter for cards and is an authorized PSA dealer. The company’s role is to prepare each customer’s card and drop it off at PSA on behalf of the collector.

PSA charges grading fees only after the card has been graded. They do not charge the cards’ receipts. Marx Cards is charging customers upfront for authentication/grading. Scammer claims that Marx Cards has not paid the PSA fees, despite having paid Marx upfront for his orders.

So people are curious about where the money went and what the new Marx Cards scam is all about. No explanation has been provided by the company and the website is down. The curiosity has been further heightened by this scam.

What are People Doing About the Scam?

Raw Cardholders are intrigued and anxious, as many have reported the scam via social media. The scam was reported to them on their official social network page, as the website’s servers are down.

A large customer of the company also reported the Marx Cards Scam.

Many are now discussing the scam, and they want to know how to retrieve the card that PSA locked. PSA must pay their fees before the cards can be returned. You can find many videos and reviews on social networks that you can view to learn more about the scam.

Conclusion

Marx Cards is a third-party dealer and card submitter that helps customers get their card graded and authenticated by PSA. The company has recently been in the news due to the fact that they collected money from customers upfront and didn’t pay any PSA fees for authentication. PSA blocked the cards, and they won’t give them back until the fees have been paid.

The Marx Cards Scam resulted in many cards being locked and people are now worried about how they can get their cards back. Be aware of this scam and get tips on Protecting Yourself from a Scam.

Christopher Stern

Christopher Stern is a Washington-based reporter. Chris spent many years covering tech policy as a business reporter for renowned publications. He has extensive experience covering Congress, the Federal Communications Commission, and the Federal Trade Commissions. He is a graduate of Middlebury College. Email:[email protected]

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