12 Wayne jewelers accused of violating 'Cash for Gold' laws

Twelve Wayne jewelers have been accused of not complying with consumer laws involving the 'Cash for Gold' program. The accusations come following an undercover investigation in Passaic County. Some of

News 12 Staff

Aug 8, 2012, 1:03 AM

Updated 4,371 days ago

Share:

Twelve Wayne jewelers have been accused of not complying with consumer laws involving the 'Cash for Gold' program. The accusations come following an undercover investigation in Passaic County.
Some of the violations include failing to use certified scales, not posting the price per ounce they will pay, and failing to get proof of ID from sellers. Some of the accused jewelers say the sting was a witch hunt and that they are not updated on changes to the regulations.
All but one of the jewelers operate in the Wayne Diamond and Jewelry Center and the Jewelry Exchange. Each jeweler is facing up to $2,500 per violation, as well as 90 days in jail or community service.
Consumers who want to trade in their gold are advised to make sure the items are weighed in front of them on a certified scale. Consumers should also make sure to get a receipt for the transaction.
For the full press conference on the jewelers' 'Cash for Gold' violations, click iO Extra on Channel 612.
The Division of Consumer Affairs provides important advice and information for those wishing to sell their precious metals or jewelry via the link below:
Selling Your Precious Metals and Jewelry


More from News 12
2:16
Fire at Fair Lawn strip mall destroys multiple businesses, including popular Zadies Bakery

Fire at Fair Lawn strip mall destroys multiple businesses, including popular Zadies Bakery

2:11
Beautiful weekend ahead for New Jersey with sunny skies and warm temperatures

Beautiful weekend ahead for New Jersey with sunny skies and warm temperatures

1:54
Boar’s Head deli meat recalled for potential listeria contamination

Boar’s Head deli meat recalled for potential listeria contamination

0:46
New Jersey to receive more than $72M to help coastal communities prevent flooding

New Jersey to receive more than $72M to help coastal communities prevent flooding

1:43
Officials: Lead found on Keyport beach not ‘urgent risk’ to public health, no need to close beach

Officials: Lead found on Keyport beach not ‘urgent risk’ to public health, no need to close beach

0:44
Jersey Proud: Goya Gives Day collects 100,000 pounds of food donations

Jersey Proud: Goya Gives Day collects 100,000 pounds of food donations

1:01
‘It’s a beautiful sport.’ New pickleball courts open in Howell Township

‘It’s a beautiful sport.’ New pickleball courts open in Howell Township

0:29
Man who pleaded guilty to attacking Jewish men sentenced to 30 years on terror charges

Man who pleaded guilty to attacking Jewish men sentenced to 30 years on terror charges

0:55
EPA completes Phase 1 of Superfund site cleanup at Unimatic Manufacturing site in Fairfield

EPA completes Phase 1 of Superfund site cleanup at Unimatic Manufacturing site in Fairfield

0:20
West New York school named for Sen. Menendez to revert to original name

West New York school named for Sen. Menendez to revert to original name

0:30
Attorney general: NJ state trooper ‘inexcusably crossed the line,’ admits to punching handcuffed woman in the face in 2022

Attorney general: NJ state trooper ‘inexcusably crossed the line,’ admits to punching handcuffed woman in the face in 2022

0:15
East Brunswick police: Bicyclist killed in Route 18 crash

East Brunswick police: Bicyclist killed in Route 18 crash

0:30
No one injured in Kenilworth house fire

No one injured in Kenilworth house fire

1:04
Attorney general releases body camera footage of fatal Hamilton police-involved shooting

Attorney general releases body camera footage of fatal Hamilton police-involved shooting

0:15
Part of Manchester’s Harry Wright Lake closed due to high levels of fecal bacteria

Part of Manchester’s Harry Wright Lake closed due to high levels of fecal bacteria

0:23
2 dead in Maine plane crash after leaving New Jersey airport

2 dead in Maine plane crash after leaving New Jersey airport

0:18
$1 million lottery ticket won from $20 scratch-off at North Wildwood Wawa

$1 million lottery ticket won from $20 scratch-off at North Wildwood Wawa

1:59
Paws & Pals: Felicity now up for adoption at Associated Humane Societies

Paws & Pals: Felicity now up for adoption at Associated Humane Societies

1:17
Gov. Murphy discusses potential Menendez replacement on ‘Ask Gov. Murphy’

Gov. Murphy discusses potential Menendez replacement on ‘Ask Gov. Murphy’

0:40
State, federal lawmakers introduce legislation to shorten funding gap for World Trade Center Health Program

State, federal lawmakers introduce legislation to shorten funding gap for World Trade Center Health Program