The small charge for our services outweighs the risk a thousand times over.
Some of the main Gold scams are: 1) The most common is sellers asking you to pay upfront costs for shipping of your Gold, Shipping is expensive and this can be many 1000's of dollars.
A thousand dollars may not be much for you but most Gold comes from countries where a $1000 goes a long way.
We had one recently where we signed contracts, told the shipment was in Dubai and they needed $7000 to release the goods from customs. 3) Asking for a letter of introduction to business.
The ONLY way (if you arent a huge well known long established gold company) is to meet face to face and do it yourself, but clearly highly risky!
We estimate that for every deal we get, greater than 99.9% of ALL deals do NOT pass our verification procedures.
Anyone with a reasonable amount of Gold to sell can get a visa or ship it.
4) A lot of the larger deals will ask you to send proofs, to prove you are able to complete on the deal.Check the incorporation date of the company, size, website, directors, previous dealings in the industry, etc.Or alternatively get us to do it for you, we are one of the largest buyers in Africa and have a proven track record, why go anywhere else and risk it?These proofs are then used to run scams in your name, especially passports!I have received numerous fake passports and driving licences, subsequently contacting the real owner to tell them they have had their identity stolen.A non exhaustive list of the main culprits we get time and time again. Look for variation on the names, its still the same people, trust our vast experience.