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Weiner is also proposing legislation, the Guarantee of a Legitimate Deal (GOLD) Act, which would regulate the mail-order gold-buying industry. "Cash4Gold is using these tough times as a golden opportunity to fleece customers," Weiner said. "These deceptive practices must end." More »
—>A class action lawsuit (PDF) was filed against Cash4Gold in California federal court last Friday, accusing the company of a "massive scheme to defraud tens of thousands of consumers throughout the nation," and racketeering. More »
—>Cash4Gold has dropped Consumerist as a defendant in the lawsuits against ex-employees Michelle Liberis and Vielka Nephew. More »
—>Ex-Cash4Gold employee Vielka Nephew filed a motion to vacate the default in the company's lawsuit against her this week, a lawsuit we're a party to. By getting rid of the default she would then be able to defend herself in the lawsuit and to seek to undo the default injunction which Cash4Gold had obtained against her. One highlight of Nephew's legal papers is the declaration attached as Exhibit C, in which she says Cash4Gold's lawyers told her the company would seek jail time for her and Michele Liberis if the statements Liberis posted on the internet about the company — which Cash4Gold alleged to be false and defamatory – were not removed. Here's what Vielka declared: More »
—>Since we posted our feature investigation into their business practices, Cash4Gold has been busy sending out one new press release per day. More »
If you have any broken, ugly jewelry lying around in a drawer somewhere, you've probably taken notice of a company called Cash4Gold that promised to pay "top dollar" for your not-so-precious precious metals. If you're like us, you might have even seen a post on ComplaintsBoard.com by a former employee exposing Cash4Gold.
The whistleblower's post appeared on ComplaintsBoard last November. We featured it this February, as part of our ongoing coverage of Cash4Gold, after the company raised its public profile with a multi-million dollar Super Bowl ad. The post was indeed written by an ex-employee, Michele Liberis, who is now being sued by the company for defamation. Recently, Cash4Gold added Consumerist and ComplaintsBoard as co-defendants in its lawsuits (PDF) against Liberis and another former employee, Vielka Nephew (PDF), in an attempt to force us to take the information down. Liberis and Nephew have chosen to stand up to Cash4Gold's legal attack, and so have we. More »
