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How Cash4Gold Works - From a Former Employee

50 pointsby releasedatezabout 16 years ago

8 comments

Brushfireabout 16 years ago
I hate to say this -- but who didnt know this was a scam? This is like many late night tv infomercials on a variety of topics. Clearly, the issue is that you GIVE them your stuff before they tell you the value. Its part of their system, but its also the key part in the scam.<p>F- To Cash4Gold, but its no worse than all the other scam companies out there. If it sounds too good to be true, it is.
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bpraterabout 16 years ago
"I guess this guy has posted this a few other places around the internet but I thought it was pretty good info that should be passed on."<p>Really? Why not just link to one of the many exact duplicates of what you posted, then? Trying to get some Google love? I'm tempted to flag this except that some Hackers may be interested in the story itself.
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sachinagabout 16 years ago
I'm so glad that $40 million went into this company essentially the second before the backlash hit a fever pitch. Problem is that the local news stations that would ordinarily have a field day with this story aren't going to report it because the C4G ads are highly lucrative in this economy.
drewcrawfordabout 16 years ago
Blogspam? Earliest copy of this I could find was <a href="http://www.complaintsboard.com/complaints/cash4gold-c117648.html" rel="nofollow">http://www.complaintsboard.com/complaints/cash4gold-c117648....</a><p>From there it was picked up by The Consumerist... after that I lose track.
kibaabout 16 years ago
Turning gold into cash should be the last thing people do.<p>Unlike the US dollars, gold can't simply be mined fast enough to reduce its values. Whereas with the US dollar, the US federal reserve can just print it, literally.<p>Gold is the money of the future, especially when the economic system finally collapse. Gold has been money for thousand of years for good reason.<p>Unless there are better form of money in a free market, gold is the best choice. Horde some of it.(Of course, don't convert your entire saving into gold, that's stupid.) It may leave you one of the last guy with real wealth after an economic collapse. It is the cork that float in an ocean of economic uncertainly.<p>This is of course, assuming that the government managed to outrun our economic productive capacity.
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savrajsinghabout 16 years ago
how is this allowed to continue?
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DanielBMarkhamabout 16 years ago
This just in -- TV infomercials routinely exaggerate the benefits of their products and services.<p>I hate to sound flip, but -- so what? This (in my book) does not count as interesting or new.
dotmatrixabout 16 years ago
Hahaha, gotta love the cash4gold banner ad below the flame!