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Friday, February 12, 2010

BEWARE OF THE CASH4GOLD SCAM


While watching television, I recall watching certain commercial breaks on Cash4Gold. What surprised me at first was the idea of shipping valuable jewelry or possessions (that is of course made out of gold) to a stranger that will supposedly evaluate the worth of the shipped product. This concept sounded very strange to me so I did some thorough research. Scratch that. I googled “Cash4Gold” and I got all the information I needed to tell that the company and the whole process is actually a scam. I am aware that a lot of people are going through some tough economic losses and have been notified lately that there has been some inflation in gold selling. So, I thought I’d like to check up on the topic of gold selling with Cash4Gold.

The articles that has deliberately attacked the company is dated from 2009, about a year ago. Seeing that the commercials still appear on some TV channels, I assumed that the company had cleared their bad reputation and regained reputation as being the top leading gold buyers. Boy was I wrong. If you still look at the user reviews from Complaints Board that were most recently published, you will notice that nothing has changed if you were to read the first review. Seeing that their commercial still airs on some TV channels today to attract desperate people who are in need money, it is sickening to see a trend in inflation of gold trading because reading from the reviews, you can get better offers from your local pawn shop or on Ebay.

Some people who were caught in the scam said that for the most part if you got a check from them, you were already considered lucky because sometimes they claim that the item was never obtained before. And if you do get the check, it is usually 1/3 of the amount that your local pawn shop offers.

I even heard a story that someone was paid $0.01 for their jewelry and that the is also making bank with this idea (read about it on TechCrunch).

And also if you decide to try their service despite of what you have read, realize that the 10-14 day return if a customer is not satisfied with their payment, begins on day 1 when you order a kit to ship back to their company for evaluation.
mooladays.com

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Hello friends, I am a 31 year old Investor with 13+ years of experience. I have attained a Bachelor's Degree in Telecommunications and an Associate's Degree in Biology. My name is Brian and I am the Owner and CEO of Solid Invest LLC. We are a small firm of Seven Individuals who specialize in Online Yield Investments for our clientele. Solid Invest's portfolio includes Internet investing, Real Estate investing, and Franchise Investing. I currently own Two successful Businesses in varying markets , as well as various online investments. The AIM of this site is to educate my fellow friends with the TOP programs that I am successful with in online investing. Enjoy!

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