by Data Age | Jul 16, 2014 | Business, Compliance, Industry, Laws, News
The United States District Court for the Western District of Louisiana received a filed lawsuit from a Louisiana pawnshop suing a local police chief under United States Code Section 1983; “Alleging an illegal seizure of property and a deprivation of its rights...
by Data Age | Jun 30, 2014 | Business, Compliance, Industry, Laws, Management, News
Local Suffolk, VA, pawnshop owners as well as precious metal dealers are happy about the new upcoming police regulations. Currently, pawnshops have to note every transaction by hand and deliver the paperwork to the police department, daily. What a hassle that has to...
by Data Age | Jun 26, 2014 | Buying Diamonds.edu, Gold & Jewelry, Industry, Laws, Management
RAPAPORT… The annual Rapaport Certification Conference that took place at the JCK Las Vegas show highlighted that jewelers are responsible for the authenticity of the diamonds they’re selling. “Jewelers have the first line of responsibility for the product they...
by Data Age | Jun 26, 2014 | Business, Firearms, Industry, Laws, News
Chicago is one of the country’s most violent cities, according to Uniform Crime Reports, which forced The Chicago City Council to pass strict gun sale laws on stores. The unanimously approved ordinance allows gun sales in only a small percentage of the city and...
by Data Age | Jun 25, 2014 | Compliance, Industry, Laws, Laws & Regulations.edu, Management, News
In Kokomo, Indiana, pawnshops and other secondhand dealers are now required to hold new items for 10 business days after the transaction has been electronically submitted to the city’s police department. Prior to this new ruling, Kokomo’s ordinance...
by Data Age | Jun 24, 2014 | Compliance, Industry, Laws, New to the Industry, News, Software, Tech
MISSOULA, Mont. – Missoula police are cracking down on the resale of stolen items. Police want to put in a web program called Leads Online into every pawn shop to track the items brought in. The money to start the program is already in the 2015 approved police...