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12 Wayne Jewelers Face Cash for Gold Violations

More than 170 state civil complaints were filed against the business owners.

 

A dozen Wayne jewelers allegedly violated state and municipal laws by improperly purchasing precious metals from undercover investigators.

More than 170 state civil complaints and 30 municipal code violations were filed against the jewelers for allegedly violating the laws protecting consumers seeking to trade in gold, silver and other precious metals for money.

Law enforcement officials announced the alleged violations at a press conference Tuesday.

The jewelers are accused of failing to weigh and test the fineness of precious metals in plain view of sellers, not obtaining sellers’ proof of identification, not posting the prices offered for precious metals, and failing to issue receipts. Some sellers allegedly did not use a scale certified by the Office of Weights and Measures.

“Consumers deserve clear and accurate information when they shop around for the best value for their family’s jewelry,” said Eric Kanefsky, acting director of the New Jersey Division of Consumer Affairs.

Undercover investigators brought jewelry and offered to sell them at the stores. They observed if the jewelers followed state laws and municipal ordinances when buying and selling the items.

Operation Going for Gold involved personnel from the Wayne Police Department, the state Office of Weights and Measurers, and the prosecutor’s office.

Seven of the jewelers have booths at the Wayne Diamond and Jewelry Exchange Center on Route 46 West: D’Malke Jewelers, Gallo Jewelry, Jewelry by Jakup, Kemerli Millennium International, M.A. Jewelers, Pink Diamond, and Verdi Jewelry.

Four have booths at The Jewelry Exchange: Bayar Jewelers, Jewelry by Eric, Obsession Diamonds, and Six Stars Jewelers.

Jewelry by Marcus on Route 46 East also faces violations.

Each state violation carries a maximum penalty of $500. Each municipal violation carries a potential penalty of up to $2,000 as well as up to 90 days in jail or 90 days of community service.

The town must license jewelers who buy or sell secondhand gold or other jewelry. Applicants must be fingerprinted and go through a background check. Police Chief John Reardon decides which applicants receive licenses.

Jewelers must deliver a description of all items purchased, received, or sold to police within 48 hours of the transaction being completed. Jewelers must also retain the jewelery for at least 48 hours after it is purchased.

Buyers are prohibited from selling, melting, or alterning the jewelry within 45 days of purchasing it from someone.

Wayne Police Detective Denns Ferray said in one case, investigators discovered a piece of jewelry that was sold to a jeweler in another jeweler’s case the same day it was sold.

The jewelers will appear in Wayne municipal court later this year. Court Administrator Lori Ellicott said that a court date has not been set yet.

— Have a question or news tip? Contact editor Daniel Hubbard at Daniel.Hubbard@patch.com or find us on Facebook and Twitter. For news straight to your inbox, sign up for our daily newsletter.

Related Topics: Jewelry by Marcus, Passaic County Prosecutor's Office, The Jewelry Exchange, Wayne Diamond and Jewelry, and Wayne Police Department

Warren

1:30 pm on Tuesday, August 7, 2012

This is an old scam. Unfortunately, the penalties are light and don't fit "the crime."

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Bill

1:49 pm on Tuesday, August 7, 2012

So, how does this relate to all the robberies of jewelry from the homes of the victims? Sentimental pieces that can never be replaced. How were they recovered?

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Wpatcha

1:51 pm on Tuesday, August 7, 2012

So which area places are the best, legit ones to go to in order to sell your gold?

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Michelle

4:21 pm on Tuesday, August 7, 2012

Boston Louis Jewelers Pompton Plains. Very reputable. Been there 20 years at least. I sell all my jewelry there. Very good prices.

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Adam

2:39 pm on Sunday, August 12, 2012

Second that on Boston Louis in Pequonnack. They are trustworthy and one of the good guys.

Bill

1:51 pm on Tuesday, August 7, 2012

What were the municipal violations for? Of all things.....? Disturbing the peace?

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Scondo

2:22 pm on Tuesday, August 7, 2012

One of the places that the police go to immediately is places like this to see if any of the property can be recovered.
Absent recovery they look to see if there is a book entry record for the sale, which usually is deficient and they then prosecute for that offense.
How do they get tipped, they catch someone in the act of burglary who then informs them as to where he sold the goods. They know the goods went to the location, and then find that the book and identity requirements are not right.
A reputable dealer will photocopy your jewelry and make that part of the record to show the piece that you sold.

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Carol

9:26 pm on Tuesday, August 7, 2012

I am in awe with this....not related but the Verdi Jeweler caught my eye....just bought my mom for her 80th birthday earrings from this lady or should I say crook....they are two different earrings but very similar and bought them back to her and she will not give me my money back....gave her cash, if I charged it , that would be another story....any suggestions??? ckelly7575@aol.com

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Nose Wayne

12:00 am on Wednesday, August 8, 2012

Wayne Police, Check to see if the robber of Janice and Jacks comes in and tries to sell what he stole today !!! Just saying.

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