Cash 4 Gold-A Scam?
mrearlygold
Posts: 17,858 ✭✭✭
Anyone see this?
Fool’s Gold
by JP Bender
“A fool and his money are soon parted.” It’s a proverb that goes back at least to the 16th century.
The modern version is, “a fool and his gold are soon parted.” That appears to be the business model for a company called Cash4Gold.
Cash4Gold is an LLC (Limited Liability Company, which is something like a cross between a corporation and a limited partnership). It’s based in Pompano Beach, at 1701 Blount Road.
As a rule, corporations and LLCs do not make public who their owners are, so, as is true with most LLCs, its background and history is a bit blurry. It was created in April 2007 as Cash4Gold, LLC. Last October it changed its name to Green Bullion Financial Services, LLC, and registered Cash4Gold as a fictitious name.
A slick advertising campaign
Up to that point, few people had heard of the company. But then things changed. Someone decided to wage a slick ad campaign for the company on late night TV, and on the internet. The now financially challenged Ed McMahon, and Stanley Kirk Burrell (whom you probably know better as MC Hammer), were hired as celebrity promoters. A company called Albar Precious Metal Refining, Inc., an Illinois corporation, bought a very expensive ad slot with the Super Bowl. The ad was on behalf of Cash4Gold.
Not many people had heard of that name before the Super Bowl, but that ad, which was telecast around the world, has put Cash4Gold on the map. Now that company is on a lot of radars, and a lot of people have flocked to the local post office to mail them their gold.
CASH4GOLD CONTINUED
Fool’s Gold
by JP Bender
“A fool and his money are soon parted.” It’s a proverb that goes back at least to the 16th century.
The modern version is, “a fool and his gold are soon parted.” That appears to be the business model for a company called Cash4Gold.
Cash4Gold is an LLC (Limited Liability Company, which is something like a cross between a corporation and a limited partnership). It’s based in Pompano Beach, at 1701 Blount Road.
As a rule, corporations and LLCs do not make public who their owners are, so, as is true with most LLCs, its background and history is a bit blurry. It was created in April 2007 as Cash4Gold, LLC. Last October it changed its name to Green Bullion Financial Services, LLC, and registered Cash4Gold as a fictitious name.
A slick advertising campaign
Up to that point, few people had heard of the company. But then things changed. Someone decided to wage a slick ad campaign for the company on late night TV, and on the internet. The now financially challenged Ed McMahon, and Stanley Kirk Burrell (whom you probably know better as MC Hammer), were hired as celebrity promoters. A company called Albar Precious Metal Refining, Inc., an Illinois corporation, bought a very expensive ad slot with the Super Bowl. The ad was on behalf of Cash4Gold.
Not many people had heard of that name before the Super Bowl, but that ad, which was telecast around the world, has put Cash4Gold on the map. Now that company is on a lot of radars, and a lot of people have flocked to the local post office to mail them their gold.
CASH4GOLD CONTINUED
Coin's for sale/trade.
Tom Pilitowski
US Rare Coin Investments
800-624-1870
0
Comments
For example, they would have someone bring in some gold jewerly to a pawn shop, and get an offer of $400. Then they would send the same jewerly to Cash 4 Gold and the Cash 4 Gold offer would be $98. So even with the pawn shop low prices, they were paying significantly less. Then they reported on the tactics they used to keep your jewerly - very shady and unethical (bordering on illegal).
There was an interview by an empolyee that Cash 4 Gold that really was eye opening to say the less.
Someone could do an internet search and find that I am sure.
cash for gold
JP
Capped Bust Half Dollars by Variety & Die State Pictorial Refrence
"Seu cabra da peste,
"Sou Mangueira......."
That makes about as much sense as their commercials.
They're about as bad as World Reserve Monetary Exchange
which runs full page ads in our newspapers.
JT
I collect all 20th century series except gold including those series that ended there.
<< <i>You can take this to the bank: the more aggressively a product is promoted, the bigger a scam it almost always is. >>