El Paseo Jewelry Exchange St Louis Missouri Review

The following complaint against El Paseo Jewelry Exchange, Inc., RAJU MEHTA and IVAN KALENSKY has been filed in the United States District Court, #EDCV10-1858VP nHere are some excerpts from the 33 page legal filing. n11. Beginning on a date unknown to plaintiff but which is no later than January 2010, and continuing to the present, El Paseo Jewelry has engaged in an aggressive advertising campaign in newspapers, on cable television and over the Internet, nfalsely advertising that it purchases gold jewelry from customers for a price calculated at 92% of the current market price for gold. nThese false statements, which constitute actionable false advertising and unfair competition, are repeated orally in statements made by the Individual Defendants when customers come to El Paseo Jewelrys retail store to sell their jewelry. n 12. Defendants advertising claims are false. El Paseo Jewelry actually pays much less for thensecondhand jewelry it buys from the public, paying sums as low as 65% of the value of the gold (based on the then prevailing price). nEl Paseo Jewelry pays less than its advertised percentage by understating the weight of the jewelry, mischaracterizing the karat composition of the gold, and using, in its calculations, a price for gold that is lower than the applicable days gold price. n14. Moreover, El Paseo Jewelry has, until recently, operated unlawfully and under the radar by conducting its business without first having obtained the Secondhand Dealers license requirednunder California law, nand without complying with the requirements imposed on Secondhand Dealers by the California Business & Professions Code, all to the detriment of plaintiff and consumers.

73375 El Paseo # O Palm Desert, California United States of America

Jewelry Stores

Share Review:
Yes it is. Based on the user review published on OutScam.com, it is strongly advised to avoid El Paseo Jewelry Exchange St Louis Missouri Review in any dealing and transaction.
Not really. In spite of the review published here, there has been no response from El Paseo Jewelry Exchange St Louis Missouri Review. Lack of accountability is a major factor in determining trust.
Because unlike OutScam.com, other websites get paid to remove negative reviews and replace them with fake positive ones.
El Paseo Jewelry Exchange St Louis Missouri Review is rated 1.67 out of 5 based on the reviews submitted by our users and is marked as POOR.
Never trust websites which offer a shady ‘advocacy package’ to businesses. Search for relevant reviews on Ripoff Report and Pissed Consumer to see more unbiased reviews.
The above review and comments against El Paseo Jewelry Exchange St Louis Missouri Review were submitted by OutScam.com user(s) and have been published as-is. OutScam.com does not edit, alter or remove content published by it’s users. There’s no amount of money a business can pay to manipulate their reviews or complaints and OutScam.com will NOT entertain any request to remove the review on El Paseo Jewelry Exchange St Louis Missouri Review at any cost whatsoever.
>