The results of a statewide crackdown on "cash-for-gold" stores violating consumer protection laws in New Jersey were announced by the New Jersey Division of Consumer Affairs and its Office of Weights and Measures today.
"On the other hand, they help fight the sale of stolen jewelry, by requiring the buyers to maintain a fully detailed record that can be provided to police.”
One Bergen County location, Reliance Gold Buyers in Emerson, was cited for alleged violations, Hoffman said. The store allegedly failed to post the prices offered for precious metals and to maintain receipts with required information such as the weights, fineness, and prices paid per unit of weight for purchased jewelry, authorities said.
For a full list of stores cited in Bergen, Essex, Hudson, Middlesex, and Union counties, click here.