(Florida House Bill 339)
FOR IMMEDIATE RELEASE
April 29, 2009 – Pompano Beach, FL – Cash4Gold CEO Jeff Aronson made the following statement on the passage of first-of-its-kind legislation enhancing the regulation of the industry pioneered by the company:
"Cash4Gold applauds the Florida legislature for passing this historic legislation, and is proud to have worked closely with lawmakers to develop a bill increasing the transparency of transactions in our industry to law enforcement. We are delighted that Florida has now become the first state to pass laws that will help regulate our industry and protect our citizens."
"We also express our appreciation to Florida law enforcement officials, with whom we have worked diligently to generate innovative ideas to enhance the integrity of our industry and facilitate law enforcement investigations. We strongly support the creation of a national database, which will make industry transaction information about suspect goods readily available to police all across the country. We are proud of our ongoing partnership with law enforcement, and look forward to continuing our joint, day-to-day efforts to make our industry more transparent and safe."
"As the leader in its industry, Cash4Gold felt compelled to take on a key role in helping lawmakers craft a new bill that takes into account the revolutionary business model we created, and for which the pre-existing laws were not designed."
Cash4Gold is the #1 American buyer of precious metals including gold, silver and platinum from the general public, and one of the largest refiners of precious metals in the nation. Through an efficient and proprietary process, the company has revolutionized its industry with innovations in marketing, customer service, refining, and logistics. In 2001, Cash4Gold CEO Jeff Aronson founded Albar Precious Metals, a precious metals refinery in Chicago, IL. Then, in April of 2007, Aronson and Cash4Gold President Howard Mofshin co-founded the company known as Green Bullion Financial Services, LLC d/b/a Cash4Gold that now employs almost 300 people in its Florida headquarters. Cash4Gold is a fully-integrated company with front-end customer service and marketing operations, and a back-end refinery. Hundreds of thousands of satisfied customers have received millions of dollars from Cash4Gold since its inception. Cash4Gold’s popular advertisements can be seen on national television and heard across the satellite and terrestrial radio dials. Please visit www.Cash4Gold.com or call 1-877-GOLD590 for more information.