Authorities Promise To Be 'Vigilant' With Jewelers

The Jewelry Exchange says it's ceased purchasing secondhand jewelry. Personnel from The Wayne Diamond and Jewelry Exchange allegedly attacked a cameraman and a reporter.

Authorities promise to stay vigilant and keep investigating businesses that purchase secondhand jewelry in light of earlier this year.

Passaic County Prosecutor Camelia Valdes reaffirmed her office’s commitment to find the stolen items that have not been recovered yet.

Valdes and other authorities allegedly violated state and local laws protecting consumers seeking to trade in their precious metals for money. None of the businesses were licensed to purchase jewelry.

“We want to make sure that if people’s homes are being burglarized, and their jewelry is being sold at these places, we have an opportunity to at least recovery some of the jewelry from homes that have been victimized,” Valdes said Tuesday.

Seven businesses are located at The Wayne Diamond and Jewelry Exchange and four at . also had violations brought against it.

In all, 171 state civil complaints and 30 municipal code violations were levied against the businesses.

Wayne Police Det. Dennis Ferray said the regulations serve a dual purpose.

“It’s to protect both the consumer and the business person,” Ferray said. “If we do seize stolen property, then a business is out hundreds if not thousands of dollars.”

Capt. Mark McGrath said Tuesday that there is no indication that any of the businesses purchased stolen property.

Mike DeSantis, manager of The Jewelry Exchange, ordered all vendors at the business to stop purchasing secondhand jewelry after the violations were announced.

“We’re stopping buying jewelry from customers until we get this entire situation straightened out with the proper authorities,” DeSantis said. “We did not knowingly sell any stolen jewelry or try to defraud anyone. We just want to do the right thing.”

Businesses at The Jewelry Exchange had scales allegedly certified by the state's Office of Weights and Measures. 

DeSantis said he did not know that there are municipal laws governing the purchasing of used and secondhand jewelry. But, he also said that being ignorant of the laws existence does not excuse not adhering to them.

Several of the town regulations were added to the municipal code in 2003 and 2005. The original ordinance outlining the regulations was approved in 1981.

In related news, a report on nbcnewyork.com shows personnel allegedly from The Wayne Diamond and Jewelry Exchange attacking a news cameraman and a reporter.

The following businesses had violations brought against them:

Jeweler Number of Complaints Bayar Jewelers 15 D'Malke Jewelers 7 Gallo Jewelry 12 Jewelry by Eric 13 Jewelry by Jakup 15 Jewelry by Marcus 33 Kemerli Millenium International  14 M.A. Jewelers 13 Obsession Diamonds 15 Pink Diamond 11 Six Stars Jewelers 12 Verdi Jewelry  11

— 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.

Nose Wayne August 09, 2012 at 04:25 AM
Like they didn't NOSE they were doing anything wrong ? Believe that and I have some jewelry for sale !!!!
Scondo August 09, 2012 at 03:06 PM
To put it bluntly , this is a major blow to their ability to do any kind of business. People will wonder if the same business tactics employed in the purchase of gold are being employed in the sale of jewelry to the consumer, I did see the news reoport and the camera crew incident and although I have purchase there before, I will not again.


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