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Man charged in ‘cash for gold’ scheme


SHERRYLYN CLARKE, [email protected]

Man charged in ‘cash for gold’ scheme

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A BUSINESSMAN WILL RETURN to court in September to face charges in a cash for gold transaction.
Police arrested and charged 38-year-old James Blackett, the owner of The Gold Place, in The City, with three counts of “failure to pay by cheque” as set out under the Precious Metal and Second Hand Metals Act.
It is alleged that on three occasions, Blackett authorised cash payments for customers when he bought “precious metals” from them.
He appeared in the District A Magistrates Court today and was granted $50 000. He will return to court on September.
Meanwhile, the Police are also reminding the public that they must be paid by cheque when selling precious metal to dealers. They are also required to present their national identification card, a valid passport or drivers licence when conducting such business. (PR/SAT)

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