TV Gold Scam
jmcquown wrote:
>
> "Gloria P" > wrote in message
> ...
> >
> >
> > Actually I don't know whether to call it a scam or not. The past few
> > months our local stations have carried an ad for a company that promises
> > the highest returns for your old gold jewelry.
> >
> > One of the consumer advocates had some gold pieces appraised by weight for
> > the gold value by two separate jewelers. The average was pretty close,
> > around $800. He sent the gold to the TV ad place and was offered $120.
> > When he complained, the offer was raised to $250, obviously much less than
> > local reputable jewelers quoted.
> >
> > As the economy worsens, be more and more careful with ALL your valuables.
> >
> > gloria p
>
> I've seen the ads for mailing gold jewelry to some company and they'll send
> you a check. My mom and I used to joke about it; yeah, let's just put our
> jewelry in an envelope and send it to someone we don't know. That makes a
> lot of sense! (Notice I'm being sarcastic.) I wish people weren't so
> gullible. This is not a deal.
>
> I keep seeing ads saying Wal*Mart will cash your payroll check or tax refund
> check *only* $3 per check! I don't think Wal*Mart should be acting like a
> bank. But then again, I don't think casinos should be allowed to cash
> welfare checks. Yet they do.
NPR had a piece some time ago on the "Bank of Wal-Mart" thing. The
commentator was mostly in favor of it with some monitoring since the
market that would be served by the "Bank of Wal-Mart" was the folks
typically turned away by the "mainstream" banks and abused by the
"Community financial services" a.k.a. loan shark set.
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