Problems revealed at gold-buying stores after investigation - KTRE.com | Lufkin and Nacogdoches, Texas

Problems revealed at gold-buying stores after investigation

PHOENIX (CBS5) -

After two months of unannounced inspections in Arizona at 40 different gold and jewelry buying businesses, 11 were cited for non-compliant violations and penalized $8,400 by the Department of Weights and Measures.

A total of 50 scales were audited, 17 of which were cited for violations. The violations ranged from non-licensed or inaccurate scales to businesses using scales that are not legal for trade. Investigators found many of the scales inspected under-registered the actual weight of the gold, while others did not have the required tamper proof seal.

During the two-month investigation, nine of the 40 inspected businesses were cited for not posting the buying price of the gold that is required by state law for consumers. Nine businesses were also cited for violations of under-registering or underweight, which hurts the consumer.

This is the third round of inspections aimed at the gold-buying businesses by the Department of Weight and Measures. In 2010 inspections of 44 businesses found 39 were cited for multiple infractions and penalized $45,000. Meanwhile, in 2011 18 businesses of 40 gold-buying businesses were cited with similar violations.

Those looking to sell their gold are urged to do their homework before selling. Sellers should check out the business they are looking to do business with to see if they have any complaints filed against them. Also, you should know the weight and karat of gold before you go to the store to guarantee you are getting fair market value.

To file a complaint with the Department of Weights and Measures please call 602-771-4920, or file a complaint online at www.azdwm.gov http://www.azdwm.gov.

Copyright2013 CBS 5 (KPHO Broadcasting Corporation). All rights reserved.

  • East Texas NewsMore>>

  • Defense questions investigator in third day of Henderson trial

    Defense questions investigator in third day of Henderson trial

    Friday, September 22 2017 7:19 PM EDT2017-09-22 23:19:49 GMT
    James Henderson's defense attorney, Stanley Sokolowski, started off the third day of court by questioning the state's witness, Investigator Bill Rulland. The cross examination lasted most of the morning and even a little into the afternoon. According to Investigator Michael Molnes, with the Houston County Sheriff's Office, Sokolowski attempted to discredit Brenna Theuer's witness testimony, as well as testimony from Robert Mobley.  The trial is expected to head into closing arg...More >>
    James Henderson's defense attorney, Stanley Sokolowski, started off the third day of court by questioning the state's witness, Investigator Bill Rulland. The cross examination lasted most of the morning and even a little into the afternoon. According to Investigator Michael Molnes, with the Houston County Sheriff's Office, Sokolowski attempted to discredit Brenna Theuer's witness testimony, as well as testimony from Robert Mobley.  The trial is expected to head into closing arg...More >>
  • Tar-covered tires stick to parking lot of Lufkin tire shop

    Tar-covered tires stick to parking lot of Lufkin tire shop

    Friday, September 22 2017 7:09 PM EDT2017-09-22 23:09:01 GMT
    More than a few tar-covered tires are hanging on to the parking lot of a Lufkin tire shop.  On August 31, newly laid asphalt on Loop 287 started sticking to tires of those driving, leaving many of the cars un-driveable. As of Friday, the Texas Department of Transportation hadn't come out with an official cause for the incident, but that hasn't stopped over 600 people from filing claims with them. Copyright 2017 KTRE. All rights reserved.More >>
    More than a few tar-covered tires are hanging on to the parking lot of a Lufkin tire shop.  On August 31, newly laid asphalt on Loop 287 started sticking to tires of those driving, leaving many of the cars un-driveable. As of Friday, the Texas Department of Transportation hadn't come out with an official cause for the incident, but that hasn't stopped over 600 people from filing claims with them. Copyright 2017 KTRE. All rights reserved.More >>
  • Trinity County traffic stop results in 2 felony drugs arrests. seizure of weed, codiene, other drugs

    Trinity County traffic stop results in 2 felony drugs arrests. seizure of weed, codiene, other drugs

    Friday, September 22 2017 6:19 PM EDT2017-09-22 22:19:50 GMT

    Deputies with the Trinity County Sheriff’s Office made two felony drug arrests and seized marijuana, Prometh VC with codeine, hydrocodone, Alprazolam, and ecstasy after a traffic stop near the intersection of Robb and Jefferson streets late Tuesday night.

    More >>

    Deputies with the Trinity County Sheriff’s Office made two felony drug arrests and seized marijuana, Prometh VC with codeine, hydrocodone, Alprazolam, and ecstasy after a traffic stop near the intersection of Robb and Jefferson streets late Tuesday night.

    More >>
Powered by Frankly