Update: Statement from Wata games: "We're humbled by the support of our thousands of customers who trust us to provide accurate and transparent grading. The claims in this video are completely baseless and defamatory and it is unfortunate that Mr. Jobst did not contact us to give us the opportunity to correct him."

A recent surge in the value of retro Nintendo video game cartridges is allegedly the result of fraud by grading company Wata Games and collectibles auction company Heritage Auctions, according to one journalist’s exposé.

All year long, mint copies of vintage games like The Legend Of Zelda and the original Super Mario Bros. have been selling at auctions for millions of dollars, shattering world records almost as soon as a new one was set.

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