Cash 4 Gold

A former employee of Cash 4 Gold posted a complaint about everything from unsafe working conditions to outright allegations of scamming on a complaint board in 2009.  The unnamed employee stated that the testing lab’s air quality was compromised by the chemicals used to process the gold and that employees had actually been removed and taken to the hospital.  He or she went on to say that lowball offers were routinely mailed to consumers as a matter of course.  If the customer called to complain, the employees were given permission to up the offer by as much as triple the original amount.  The lower the amount they were able to settle with the consumer for equaled a higher “bonus” for the employee.

On the other side of this argument is the company, Cash 4 Gold.  They filed for and obtained an injunction against this former employee to prevent her (Cash 4 Gold indentified the gender of the employee) from revealing trade secrets or making false allegations.

Here is one concern.  If they were granted an injunction against the employee for revealing secrets, obviously some of the employees concerns are true.  On that same note, much of the information contained in the complaint she originally posted on the Internet seemed very much like “disgruntled” former employee ramblings.  For instance, she claimed that a check cut one day might take several days to mail to the consumer.  This isn’t unusual in many corporate settings and does not indicate shady business dealings.

We can only recommend that when choosing a cash for gold agency for the purpose of turning your unwanted gold into money in your pocket that you understand the real value of your gold before you contract with anyone.

Cash 4 Gold


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    Pretty disappointed with my transaction with cash4gold. They sent back some of my materials saying they weren’t worth anything so I went to a local pawn shop and got paid a little over $130 for the extra items. What a joke!

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