Like having to choose between a punch in the face or a kick in the gut, there are no good guys in today’s early WCIA bout!
An amusing letter purporting to be from Cash4Gold telling a customer to please stop sending them gold-painted rocks and making filthy demands has been making the rounds (read it inside). But in statements exclusive to Consumerist, the company says it’s as genuine as pyrite. The letter’s creator has fessed up too.
Cash4Gold supports legislation designed to regulate it and its competitors, according to a letter from the company’s president, Jeff Aronson. “Cash4Gold supports HR 4501, the Guarantee of a Legitimate Deal Act, and the provisions outlined in the bill,” Aronson wrote to two congressman who are backing the bill.
Well, well, well, what do we have here? It’s our nation’s largest cable company and harbinger of mergepocalypse doom, Comcast, VS a certain little company from Florida.
After three rounds of voting, 28 of the most despised companies in the U.S. have fallen, beaten and bloodied as they attempted to win the coveted title of Worst Company In America and the elegant golden poo trophy that goes along with it. Now, with just days left in the tournament, only four remain.
Here it is folks, the final match-up of the WCIA Elite 8… And it’s a doozy. Hailing from sunny Florida is the king of undervalued bling, Cash4Gold! And flying in from the West Coast just to prove they know a thing or two about horrendous customer service and questionable business practices, it’s every Internet user’s frenemy, PayPal!
Time to update your brackets, folks. The second round is over and the winners have moved on to the next level of competition. Congratulations to Bank of America, Time Warner Cable, Ticketmaster, Anthem BCBS, Cash4Gold, PayPal, Comcast and Apple!
Congratulations to Bank of America, Cash4Gold, Anthem BSBC, GM, Apple, Time Warner Cable, Comcast, AT&T and more for making it to Round 2 of the competition!
The lawsuit stemming from our post from last year, “10 Confessions Of A Cash4Gold Employee,” is all over. At the beginning of February, Cash4Gold stopped suing the two ex-employees Michele Liberis and Vielka Nephew. And just this Sunday, the Florida Attorney General announced they’ve opened a civil investigation into Cash4Gold. It seems you can still speak truth to power after all.
UPDATE: Here’s the video! Unless I get bumped by some zoo zebras giving birth or something, set your DVRs to “posterity” for tomorrow morning, 7:30, Today Show, NBC. They are skewering Cash4Gold and other mail-in gold places and you’ll probably have the thrill of seeing me for a few nanoseconds. All joking aside, it’s great this issue is getting more traction (Congress-critter calling for FTC probe, NYT and NY Post article). Good stuff.
Citing Consumerist’s investigation of Cash4Gold, Congressman Anthony Weiner (D-NY) has demanded that the Federal Trade Commission investigate Cash4Gold and its competitors.
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.”
What a year! Consumerist got sold, sued, and dished scoop after scoop, we relaunched on a new platform with a new look and mascot, and held our first reader meetup, we became a non-profit, and started taking donations, got invited by the White House to interview top administration officials (several times), and were entered in as part of the Congressional record, hired new folks and bid adieu to dear friends, got some snazzy plaques, and for this first time had a story that we broke receive massive global pickup. We couldn’t be here without your support and story tips, or the generous patronage of Consumers Union. Here’s to even more pro-consumer ass-kicking in 2010, and a look back at the 22 greatest Consumerist posts of 2009!