Cash-For-Gold sting targets Somerset County shops - MyFoxAustin.com | KTBC Fox 7 | News, Weather, Sports

Cash-For-Gold sting targets Somerset County shops

Posted: Updated:
New Jersey News New Jersey News

SOMERVILLE, N.J. (AP) - Authorities have filed charges following a sting that targeted cash-for-gold dealers in Somerset County.

Undercover investigators wanted to determine whether jewelers were following state laws that seek to prevent the sale of stolen goods and to protect often vulnerable consumers who are selling their precious metals.

The owner of Cash4Gold/Wireless Source in Franklin Township is charged with receiving stolen property and attempted receipt of stolen property. The owner of Khalaf Jewelry in Bound Brook is accused of conducting unlawful credit practice after police say he attempted to pawn a gold item at an annual interest rate exceeding 300 percent.

Four shops are accused of failing to comply with New Jersey's cash-for-gold consumer protection laws.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

  • New Jersey NewsNew Jersey NewsMore>>

  • Christie talks casinos, Springsteen at town hall

    Christie talks casinos, Springsteen at town hall

    Tuesday, August 19 2014 9:49 PM EDT2014-08-20 01:49:34 GMT
    Gov. Chris Christie of New JerseyGov. Chris Christie of New Jersey
    Gov. Chris Christie talked Atlantic City casinos and defended his use of Bruce Springsteen music in the latest installment of his summer "No Pain, No Gain" town hall series on Tuesday. Many previous events have featured protests by retirees and labor groups as well as Atlantic City casino workers urging Christie to do more to save their jobs following a series of announced closures.
    Gov. Chris Christie talked Atlantic City casinos and defended his use of Bruce Springsteen music in the latest installment of his summer "No Pain, No Gain" town hall series on Tuesday. Many previous events have featured protests by retirees and labor groups as well as Atlantic City casino workers urging Christie to do more to save their jobs following a series of announced closures.
  • Reward in probe of shooting of bald eagle in NJ

    Reward in probe of shooting of bald eagle in NJ

    Tuesday, August 19 2014 9:32 PM EDT2014-08-20 01:32:30 GMT
    Federal, state, and humane organizations are offering $7,500 in rewards in the case of the shooting of bald eagle in New Jersey. Someone shot a bald eagle in in Bridgeton City Park back in May, authorities said. The badly wounded bird was found May 20, 2014. Its wounds were so severe that it had to be was euthanized.
    Federal, state, and humane organizations are offering $7,500 in rewards in the case of the shooting of bald eagle in New Jersey. Someone shot a bald eagle in in Bridgeton City Park back in May, authorities said. The badly wounded bird was found May 20, 2014. Its wounds were so severe that it had to be was euthanized.
  • 3 dead

    Fatal crash in Freehold

    Fatal crash in Freehold

    Tuesday, August 19 2014 6:49 PM EDT2014-08-19 22:49:36 GMT
    A three-vehicle crash killed three people and critically hurt a fourth person in Freehold Township, New Jersey, Tuesday afternoon, authorities said. The crash happened on the Kosloski Road overpass at Route 33 Business at about 3:45 p.m., according to the Monmouth County Prosecutor's Office.
    A three-vehicle crash killed three people and critically hurt a fourth person in Freehold Township, New Jersey, Tuesday afternoon, authorities said. The crash happened on the Kosloski Road overpass at Route 33 Business at about 3:45 p.m., according to the Monmouth County Prosecutor's Office.
Powered by WorldNow

KTBC FOX 7
119 East 10th Street
Austin, TX 78701

Phone: (512) 476-7777
Fax: (512) 495-7001

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | New Terms of Service What's new | Ad Choices