There Is A Difference Between Evil And Just Absurdly Profitable
Lots of negative feedback from our post the other day on Cash4Gold’s amazing growth and profitability . This year, their third year of operations, they are on track to make $160 million in revenue and $50 million or so in profits. All from encouraging people to send in gold jewelry in exchange for cash. A handful of comments pointed out the very funny Onion spoof on the company where the U.S. government uses Cash4Gold to pay down the national debt. But many of the rest say the company is a scam. Example: “They offer people significantly less money than their gold is worth and prey on people’s ignorance and desperation. If those profit margins are right, they’re basically stealing from the uninformed. Search online and you’ll find a ton of scam stories about them. It is a very, very shady business…” Another: “There must be a difference between doing business and stealing from people. I can not believe that this company is still in business. goverment should bring some regulations and monitoring to this industry. due to the recession people are desperate and this company is taking advantage from people. how the owners can sleep at nights. they are taking advantage of people in need of money. ” And: “It appears they are litigious scammers. Running scams is a great way to rake in money.” Etc. The chief complaint is that the company offers customers too…
See original here….
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