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Cash-for-gold crime down

BEA DOTTIN, [email protected]

Cash-for-gold crime down

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Strict legislation appears to have put a dent in the illegal cash-for-gold trade in Barbados.

That was the word from Acting Assistant Commissioner of Police Erwin Boyce, who was speaking at a meeting of the Men’s Educational Support Association at The St Michael School recently.

Noting the reduction in crime associated with the cash-for-gold trade, Boyce said a major factor appeared to have been the Precious Metals And Second-Hand Metals Act which took effect from 2013.

This legislation imposes fines of $50 000, ten years in prison, or both, on people found guilty of stealing metals such as second-hand gold, copper or other types of scrap. The act also imposes penalties on dealers who accept such property without adhering to certain strict guidelines. (SDB Media)