This is something which has been scratching at the back of my mind for a while and I am not sure has it been addressed on P.ie in the past, but does anyone have any idea what sort of regulation governs the workings of the various cash4gold/pawn shops that have sprung up wholesale in recent times.
Nowadays, it seems you can walk into an outlet off the street, or post and item to a dealer, and be given cash back almost immediately, no questions asked.
If this is the case, I don't like it, and I don't think it is right. I think this kind of transactional process is encouraging theft and burglaries, and offers people involved in theft and burglary a means to "fence" goods, or liquidate the proceeds of their crimes with relative ease.
Are outlets required to ask for proof of ownership of items proferred ?
Must they contact Gardai about items worth over a certain value (similar to money laundering legislation) ?
Should they be made to look for ID off all people offering items for sale, and keep a visual record (photo) of what they recieved, which could be checked against a national database ?
I seriously don't like this whole cash4gold phenomenon