Cash For Gold
There’s a group of companies currently airing commercials on television promising cash for gold. Guaranteeing nothing, they promise that they’ll pay money for your “unwanted gold, silver or platinum”. All you have to do is ship your extra gold in their insured envelopes and within 24 hours of its delivery they’ll send you a check.
What they don’t tell you is how much they’ll pay you for your gold. I’ve been searching online for some sort of scale they use, but so far I’ve come up with nothing. The commercials make it seem as if by sending in your gold you’ll make a tidy bundle. According to various reviewers (and ex-employees) that’s simply not the case. The more I read about them the more shocked I become. To say that their business practices are suspect is an understatement.
They’re also not required to verify that the items sent to them actually belong to the sender. This service they provide screams “fence” to me. It’s a perfect source of revenue for thieves and grifters wanting to unload stolen merchandise.
These scam artists are scum. In times of high unemployment these companies are preying on the old, the uninformed, and the desperate. They offer low-ball payouts for those who most need the money, and don’t care if the items they receive are stolen or not. I’m sick of these businesses who prey on the weak. My only respite is my belief that there’s a special circle in hell reserved for “people” like them. It’s a rare sort of entity that gets me worked up enough to wish karma-tic harm upon them.
UPDATE (2.1.09): Here are 10 Confessions of a Cash4Gold employee, guaranteed to make you think twice about using this “service”.
I can't believe you people are falling for this crap!
Insured for $100, or how much we think your gold might have been worth, whichever is less...
I hocked my grandmother's gold, and in two short weeks I received a check for $22.76!
Turn your neighbor's bling into cash to support your meth habit!
Deep in an undisclosed safehouse a nearsighted tattooed mafioso parolee transforms precious family heirlooms into unrecognizable ingots
