Cash Converters and...
 

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[Closed] Cash Converters and hooky goods

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 xcgb
Posts: 52
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Topic starter
 

How do they check that stuff isn't stolen? I see they ask for ID but is that it?

Seems an easy way to get shot of goods with minimum risk, i have bought a couple of items and was wondering?

Ta Oracle


 
Posted : 14/12/2012 3:34 pm
Posts: 39
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...and how do they get away with cashing crossed cheques? It's my understanding that the can only go into the payee's account.


 
Posted : 14/12/2012 3:59 pm
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I suspect they'd need to take reasonable precautions, pretty much like you or I'd do when buying second hand.
I have no idea if all or none of the kit I've bought from here and ebay etc. is stolen


 
Posted : 14/12/2012 4:03 pm
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Back in the day...
I dealt in antiques and had an interest in a shop and a couple of market stalls. To do this needed a second hand dealer's license, involving an interview with the police and the keeping of a log book recording who the goods weer bought from and who sold to. The police could ask to see the book at any time (they did once in the shop and never in the market). Asking for ID would allow the dealers to confirm the Id of the seller should the police ask.
These are local regulations and may not apply where you are.


 
Posted : 14/12/2012 4:23 pm
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How do they check that stuff isn't stolen?

They don't.

I see they ask for ID but is that it?

Yes.

We regularly find stuff taken from burglaries in cash convertors and similar places. As bigbutslimmer says they keep a record of who (according to ID offered) brought in what, but they don't make enquiries to see if the goods are reported stolen.


 
Posted : 14/12/2012 5:08 pm
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One of the teams of burglars I represent seem almost to prebook their taxi to cashconverters before doing the house . A college found all her distinctive high end camera kit in cashconverters the day after her house was burgled . Round here they are essentially a high street fence .


 
Posted : 14/12/2012 5:17 pm
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One of the teams of burglars I represent...

Possibly the best start to a post ever


 
Posted : 14/12/2012 5:20 pm
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[img] [/img]


 
Posted : 14/12/2012 7:02 pm

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