Louisiana bans use of cash

Time to move your business someplace else.....they'll see the error of their ways when revenue dries up....they are definitely NOT looking at the long term effects of this........

John
 
Quote:A secondhand dealer shall not enter into any cash transactions in payment for the purchase of junk or used or secondhand property.


I believe what the law is aimed at, is pawnshops and junkyards - "A secondhand dealer".

And, the reason the law prohibits the use of cash is, they want the paper trail to follow anyone who may be selling stolen goods. They also want them to take down a name, adress, and phone number for anyone selling second hand goods, and it wouldn't surprise if they didn't require Driver's License or Social Security Number.
 
Originally Posted By: Rocky1Quote:A secondhand dealer shall not enter into any cash transactions in payment for the purchase of junk or used or secondhand property.


I believe what the law is aimed at, is pawnshops and junkyards - "A secondhand dealer".

And, the reason the law prohibits the use of cash is, they want the paper trail to follow anyone who may be selling stolen goods. They also want them to take down a name, adress, and phone number for anyone selling second hand goods, and it wouldn't surprise if they didn't require Driver's License or Social Security Number.



I think you hit it, this will put the copper wire thieves in a bind. Now they can to bring it to Texas and leave no paper trail.
 
Sorry, but I can't go for this. It's not a merchants job to keep up with possible criminals. This goes against the grain. The local law needs to do their work themselves. Just think about keeping a paper trail for every nickel and dime item. I don't think that bird is gonna fly.

How hard is it to give out false info anyway? That might involve some profiling or discrimination, better not do that. They might catch an illegal,not to be bothered, person with incredible (non-credible)I.D. and we can't have that. See? This will just cause problems for folks that may have illegal work to do. How would they get their illegal pay? O-bomb-o the dud, can't have folks bothering his voters.
 
law states "junk OR used or secondhand property". Used or Second hand property is pretty vague don't you think?? If they were worried about copper thieves they could have had a law for just scrap yards. Flea markets, yard sales, and small shops are going to take a beating on this.



 
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Junk dealers in Florida, are required video tape of all transactions already. Vehicle on the scale with license plate, seller of the goods upon receipt of check. No CASH. Sounds like BS I know, but... my neighbor down there is a government disposal contractor, and he buys scrap on military bases for resale. Had a bunch of it stored in cargo containers on the property. Some of it borderline of classified material, contract demands some of these items be disassembled and or destroyed before salvage.

While he was working out of state, 2 - 3 of the little dipsh|ts in the neighborhood cut the lock off one of the containers and hauled off about 10,000 pounds of it, a pickup load at a time. Bill probably won't ever get his money back, but they were caught. Video at the junkyard is what eventually nailed them. Evidence at the scene led them to the suspects however, the way the court works in today's world, you have to catch them in the act. The video shows them selling the goods, when they cash the check, they complete the transaction.

While it's easy to say the dealers shouldn't have to do the police department's work for them Ben Jimmy, if it was your household items, or your guns at the pawn shop, or your trailer or an old pickup with sentimental value that went to the scrap yard, you'd probably be happy they are required to do such.

With scrap prices where they are today, it is very tempting to deliver goods to the junkyard.
 
Thinking this broad sweeping law that oversees the entire population of Louisiana was solely enacted as a law enforcement tool is laughable at best. Especially when pawn shops are the only dealers that are Excluded from the law. Pawn shops are one of the first places a criminal is likely to sell their goods.

This law is obviously a trojan horse tactic used to corner the "cash economy" in guise of getting bad guys off the street.. The governor is a big government thug in partnership with the banks, looking for more revenue out of the little people.
 
Quote:It's not a merchants job to keep up with possible criminals. This goes against the grain. The local law needs to do their work themselves. Just think about keeping a paper trail for every nickel and dime item. I don't think that bird is gonna fly....Actually, most merchants will probably applaud this practice...I worked for a little over 6 years in corporate security and when a merchant loses an item through theft, they have not only lost the cost of putting the item on the shelf, but the profit from the sale of the item...

We had thieves (sometimes employees) stealing at one store and bringing it back for a cash refund at another store...still with the price tags and UBC bar codes attached because "It didn't fit, wrong color, gift, etc." and they would receive a cash refund and would get very upset when our policy dictated that we obtain a government form of photo identification before making the refund...or we would mail a check to the (most likely) phony address they gave...

After reading the law that was published, I didn't perceive that it will apply to garage sales, unless some of those that hold 'garage sales' on a regular basis and get classified as "second hand dealers" by local ordinance...Then it might apply..
Quote:Especially when pawn shops are the only dealers that are Excluded from the law. Pawn shops are one of the first places a criminal is likely to sell their goods....If you check, most locales have a law already in place that requires pawn shops to furnish to local LEOs a list of, or internet access to, all transactions that take place in pawn shops on a minimum of a weekly basis...I know that in Boone County, MO, there is a direct internet line to all pawn shop transactions that our Property Crimes investigators can access 24/7 with specific search perimeters...If a pawn shop takes in a stolen item, once it is found to be stolen, they lose the right to keep it and therefore the cash they paid out...Most legitimate pawn shop owners will call the local LEOs to check on any item that may raise their suspicions before completing the transaction...
 
No, Rocky I don't think my 'junk' is any more or less special than yours or anything of the sort. I wasn't clear enough with my post. I used the term 'merchant' in a very broad sense. I was thinking more on the line of small, once in a blue moon, family garage sales, or an estate sale when parents died. Things like that. I think of scrap metal buyers & pawn shops as 'buy and resale'. I am aware that there has been quite a lot of 'steal and sell' activity in the scrap metal business. I don't have a problem with 'businesses' keeping a paper trail, in fact I think they should. I hope this clears things up.----Ben Jimmy

I don't know this 1st hand but, I heard that one scrap metal shop was buying the same metal over & over as the 'sellers' were stealing the stuff back at night & then selling the same stuff back to the same scrap yard again the next day. Someone finally woke up & remembered seeing those same loads before. You'd just have to know some of these folks.
 
There has been a great positive side to the scrap metal boom. Some folks in the south are finally getting rid of their backyard rust mobiles & fixer-upper cars & trucks that have been sitting up on blocks for years. Some of the local low-lifes have even cleaned up old junk piles & logging roads where people had dumped old appliances & anything that has a pound of metal on it. In this case less really is more.
 
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