Jewelers Accused Of Violating Cash For Gold Laws

Wayne police, prosecutor's office to make announcement on investigation Tuesday morning.

Law enforcement officials will announce Tuesday morning the results of a joint investigation involving cash for gold offerings.

Twelve jewelers are accused of violating cash for gold consumer protection laws.

Eric Kanefsky, acting director of the state Division of Consumer Affairs, Passaic County Prosecutor Camelia Valdes, and Chief John Reardon will attend the event.

The announcement will take place at the Passaic County Prosecutor’s Office in Paterson at 10 a.m.

Check back with Patch Tuesday to find out what officials announced.

— 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.

Lil Wayne August 07, 2012 at 04:19 PM
dan, any more news on this article? just saw a clip on news 12 and they said all the stores that were busted were in wayne!!
Daniel Hubbard August 07, 2012 at 04:45 PM
Working on it right now. Will be done soon.
Lil Wayne August 07, 2012 at 05:25 PM
ok thanks, cant believe we could have been all scammed by these locals!
Nose Wayne August 08, 2012 at 04:18 AM
It all comes down to MONEY !!! THE OL' MIGHTY DOLLAR !!!!!! No rules, just SHOW ME THE MONEY !!!!!
John Evans August 08, 2012 at 02:10 PM
I was there yesterday at the jewelry exchange at willowbrook when nbc news 4 was there. Apparently the jewelry exchange had no allegations of deception or ripping off customers.From what I overheard when news 4 reporter brain thompson was interviewing the manager, is that the jewelry exchange in willowbrook is being accused of not having the scales in a certain area of their showcases and not having the gold prices at a certain area. I was being nosey.lol. Nothing was ever mentioned about scamming as well as news 12 NJ was there when I was leaving so being my nosey self I went back in to be nosey and something was said. I go there to buy my gold i was looking for a reason to confront my jewelry but nothing was said about scamming. I overheard the manager say that the law is the law and that they don't have access to these laws because there are fairly new on the books. They appologized to the community and to state and wayne. I respect that guy for being stand up. There is nothing to fear about them. I had to be nosey to find out cause I am not getting scammed.


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