Saturday, January 31, 2009


If you're just on broadcast TV like our household, you've seen these commercials ad vomitum.

I was already skeptical about sending valuables to strangers per the USPS. After reading these accounts, I wouldn't send Cash4Gold my wooden nickels...

Cash4Gold Will Offer One-Third of the Actual Value for your Gold

Cash4Gold operates in a manner similar to GoldKit. They send you an envelope, you send your gold to them in it. They determine the value and cut a check for that amount. If the amount meets your expectations, you cash it. If not, you have 15 days to return the check and get your gold back. Your satisfaction is guaranteed.

He also noticed that Cash4Gold offers a "fast cash" scheme to forego the paper check and deposit their payment directly into your checking account within 24 hours. This setup would be faster, but gold sellers would give up their chance to examine and renegotiate their offer. And that, it turns out, would be a huge mistake for anyone selling gold to Cash4Gold. [More...]

Former employee exposing the scams of Cash4Gold

I am a former employee of Cash 4 Gold. I did not know much about the company before being hired. On my first day of being hired, I was taught the "Cash 4 Gold Scam" from beginning to end.

1. The "refiner's pack" that is used for you to put your jewelry is "insured for UP TO 100 dollars, " according to how much they determine from a description from you, the worth of your items to be, NOT an actual fully researched appraisal.

2. We receive your "Refiner's Pack" within 3-4 days, BUT we are instructed to tell you that it takes "7-10 business days, for us to receive your pack, ALTHOUGH many times, your package has already arrived. [More...]

Cash 4 Gold would like to melt down and recast their reputation
by Citizen

On October 6th, [my] article was featured on ( Consumerist is so popular that thousands of people read the article, and the high Consumerist pagerank meant that the Cockeyed article would take its place at the tippy-top of Google results on searches for "Cash 4 Gold". Anyone searching for "Cash4Gold" had a very good chance at this new insight: Their cash offers for gold are measly.

I guess someone at Cash 4 Gold noticed, because a week later, I got an email from Joe Laratro: [...] How about that? A polite letter, with a clear goal: Bury the "Cash 4 Gold" name in my article so that it doesn't scare off every would-be gold seller with an internet connection. [More...]

Update: And it seems millions of us tomorrow will be watching Ed McMahon, who has one foot in the grave and the other precariously perched between a bar of soap and bankruptcy, as his pimps the bling of Cash4Gold during the Super Bowl.

I wonder if he's going to get paid as much as this gal? (Well, i suppose even a blogger's got to make a living. But do you have to work for such creeps?)

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