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Avoid the “Cash 4 Gold” Scam Unless You Enjoy a Ripoff

November 26th, 2008 by Phil Stewart

By now we've all seen the TV commercials for "Cash 4 Gold" but just how good of a deal is this shoddy operation? Here's an investigative report exposing this scam for what it is - a complete ripoff. And yes, I'll use the words scam and ripoff freely here - Any company that cons people into selling their valuables for 15% of their Pawn Shop Value (PSV) is most definitely a scam. The Cash 4 Gold ripoff is even more appalling considering pawn shops won't offer anything near market value either.

In the link above, the reporters sent a slew of gold jewelry to Cash 4 Gold and received $112 for their efforts. This is after a pawn shop offered them $766 for the same gold jewelry so it was likely worth even more.

The CEO of Trash 4 Gold was quoted as saying he doesn't promise the best price for your gold (or even a reasonable price). Instead, they cater to those who don't want the hassle of not being ripped off.

So, spread the word about this blatant scam and advise anyone considering selling their gold to these criminals to go elsewhere. Your pocket book will be a lot happier and you'll feel better for not supporting these unscrupulous individuals.

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Posted in Phil's Blog, Scam Information & Avoidance, Wealth & Money |

7 Responses

  1. price gold | NBA.COM Says:

    [...] Avoid the “Cash 4 Gold” Scam Unless You Enjoy a Ripoff The CEO of Trash 4 Gold was quoted as saying he doesn%26#39;t promise the best price for your gold (or even a reasonable price). Instead, they cater to those who don%26#39;t want the hassle of not being ripped off. … [...]

  2. sell gold prices | Sun Microsystems Says:

    [...] Avoid the “Cash 4 Gold” Scam Unless You Enjoy a Ripoff So, spread the word about this blatant scam and advise anyone considering selling their gold to these criminals to go elsewhere. Your pocket book will be a lot happier and you%26#39;ll feel better for not supporting these unscrupulous … [...]

  3. price on gold | Digg.com Says:

    [...] Avoid the “Cash 4 Gold” Scam Unless You Enjoy a Ripoff The CEO of Trash 4 Gold was quoted as saying he doesn%26#39;t promise the best price for your gold (or even a reasonable price). Instead, they cater to those who don%26#39;t want the hassle of not being ripped off. … [...]

  4. gold market prices | Digg.com Says:

    [...] Avoid the “Cash 4 Gold” Scam Unless You Enjoy a Ripoff The CEO of Trash 4 Gold was quoted as saying he doesn%26#39;t promise the best price for your gold (or even a reasonable price). Instead, they cater to those who don%26#39;t want the hassle of not being ripped off. … [...]

  5. cash for gold | Dell.com Says:

    [...] Avoid the “Cash 4 Gold” Scam Unless You Enjoy a Ripoff By now we%26#39;ve all seen the TV commercials for %26quot;Cash 4 Gold%26quot; but just how good of a deal is this shoddy operation? Here%26#39;s an investigative report exposing this scam for what it is - a complete ripoff. And yes, I%26#39;ll use the words scam and … [...]

  6. price of gold jewelry | AMD.com Says:

    [...] Avoid the “Cash 4 Gold” Scam Unless You Enjoy a Ripoff This is after a pawn shop offered them $766 for the same gold jewelry so it was likely worth even more. The CEO of Trash 4 Gold was quoted as saying he doesn%26#39;t promise the best price for your gold (or even a reasonable price). … [...]

  7. current gold market prices | IBM.COM IBM - United States Says:

    [...] Avoid the “Cash 4 Gold” Scam Unless You Enjoy a Ripoff The CEO of Trash 4 Gold was quoted as saying he doesn%26#39;t promise the best price for your gold (or even a reasonable price). Instead, they cater to those who don%26#39;t want the hassle of not being ripped off. … [...]

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