09-02-2009, 08:10 PM
Now i know everyone on this forum is bright enough not to use Cash4Gold, but perhaps you have co-workers, family, friends, etc, that are tempting fate...
<a class='bbc_url' href='http://consumerist.com/5349663/the-article-cash4gold-doesnt-want-you-to-read?skyline=true&s=x'>Article</a>
<a class='bbc_url' href='http://consumerist.com/5349663/the-article-cash4gold-doesnt-want-you-to-read?skyline=true&s=x'>Article</a>
Quote:If you have any broken, ugly jewelry lying around in a drawer somewhere, you've probably taken notice of a company called Cash4Gold that promised to pay "top dollar" for your not-so-precious precious metals. If you're like us, you might have even seen a post on ComplaintsBoard.com by a former employee exposing Cash4Gold.
The whistleblower's post appeared on ComplaintsBoard last November. We featured it this February, as part of our ongoing coverage of Cash4Gold, after the company raised its public profile with a multi-million dollar Super Bowl ad. The post was indeed written by an ex-employee, Michele Liberis, who is now being sued by the company for defamation. Recently, Cash4Gold added Consumerist and ComplaintsBoard as co-defendants in its lawsuits (PDF) against Liberis and another former employee, Vielka Nephew (PDF), in an attempt to force us to take the information down. Liberis and Nephew have chosen to stand up to Cash4Gold's legal attack, and so have we.
Quote:Our tests (by Consumer Reports ? which lasted from May through early July ? found that Cash4Gold and its competitors offered simple and relatively transparent service. Online tracking systems were updated promptly, the companies generally mailed out checks within a day or two, and customer service reps were courteous and professional. The actual offers, however, were miserly. Cash4Gold sent back checks ranging from $7.60 to $12.72 (or 11% to 18% of melt value), the lowest amounts of any firm. But others weren't far behind: GoldKit offered $7.81 to $20.59, and GoldPaq $8.22 to $13.11. Each of those deals was worse than what our mystery shoppers could get at local jewelers and pawn shops, which offered anywhere from $25 to $50. The results reinforce advice we've offered before, which is that consumers should not use these highly marketed services because the payments they offer are too low. No matter how nice the person is who gives it to you, a bad deal is still a bad deal.this is basically going across the net...so you might have read it already...
Cash4Gold declined to discuss the test results, but other news reports suggest lowball checks are typical. CEO Aronson has said the company pays from as little as 20% to as much as 80% of the gold's value. And in an interview with Good Morning America, he suggested that customers who want more money should take their business elsewhere. "If all you care about is the net dollar, and you're willing to go to the seedy part of town, and you're willing to travel around ... I want you to go there," Aronson said.
Quote:Â5 hours ago Mavenu hm. I guess I shouldn't point out that Max Barry's not even from America, but is an Australian?
4 hours ago NationStates Moderators When did actual facts or logic have anything to do with idiot spammers?
Change comes not when some group of radical seizes power, thatââ¬â¢s just a shift at the top. It comes when Mr. And Mrs. Ordinary make a stand. When the cake shop owner and teacher and the bearer boy come together and say, ââ¬ËThey are not afraid,ââ¬â¢ anymore.
Monica Whitlock ââ¬â BBC ââ¬ÅFrom our own Correspondentââ¬Â
Nov 7/05 ââ¬â in reference to actions in Uzbekistan, May 2005.
![[Image: We_so_excited!.gif]](http://images.wikia.com/austinally/images/c/c7/We_so_excited!.gif)
for DelegANT 2013!!! [/spoiler]
![[Image: 1ad3869e-07b4-47f3-8bf1-247c729479d6.jpg]](http://i7.photobucket.com/albums/y258/Tsrill/1ad3869e-07b4-47f3-8bf1-247c729479d6.jpg)