Cash for gold.

totally agree, they are extremely likely to be handling some stolen goods, and if proven this carries heavy sentencing:

http://www.wikicrimeline.co.uk/index.php?title=Handling_stolen_goods

they would of course argue that they did not know the goods were stolen, i don't know what the rules are then

if 100 people all send you their gold in exchange for a pittance (less than 10% of the actual value, they could do far better at a pawnbrokers), there is absolutely no chance that none of it is stolen

http://en.wikipedia.org/wiki/Bona_fide_purchaser

You are not supposed to send money through the post.
So why would you send gold in an envelope marked 'Cash for Gold'?

Postie's must have a field day :)

get one of them bags and fill it with flour so it bursts on opening . how much will you give me for that then!!

I wondered about this for a long time and then read about this scam in the times. They give you say £20 for your gold then sell it on to a proper dealer for about £100. If you want to sell VISIT gold dealers on the high street.If possible covent garden area in london,but don't take first price offered. Gold can also 'get lost in the post'.

Watchdog sent a piece of jewellery to one of thses outfits. It was valued at 280 they offered 60. Its a complete rip off. Also they must be taking stolen stuff as im not to sure they ask for proof of owership. They must be making money as theres loads of them springing up. Good luck to them but anyone sending them gold needs their heads examined.

postmen making a killing imho :)

Say so. Also mailing rooms. Could not be easier for them. Its advertised. There's gold in the bag come rob me.

Their target market is the vulnerable. At 10 in the morning, when you are broke, you will take anything.

Many years ago ...
I bought approx 6 baht / 3 ounces of gold chains in Thailand ....cant have cost me much more than £500 !

Cashed the lot in about a month ago & got near £1400 !
Thai Gold is 23.16 carat fine

So not a bad deal for me !