It appears that the wheels have come off the wagon at PGX, the comic grading company. Apparently, a number of high grade PGX Ducks books sold by Terence Leder (under a number of different eBay names) have been trimmed. Pre-trimming images have surfaced making the allegation indisputable.
PGX's Daniel Patterson has responded with the expected boilerplate type statements... "We're looking into it and taking steps to yada, yada, yada..." Sadly, nothing substantive and to even the casual observer, PGX is beginning to look like a one man garage operation that their critics have long alleged.
You can read all the gory details on the STL Comics Message Boards. More here. And even more here.