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Home   About   Membership   Resources   Government Affairs   Meetings & Events Jan. 10, 2013

Pawnbrokers pitch loans to kings and queens
Shops go upscale, as Beverly Hills pawnbroker opens Manhattan location
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With holiday bills starting to come due, even some affluent Americans may be looking for a source of quick cash. But these days, the wealthy are increasingly likely to be wooed by lenders from a place outside the traditional financial realm — the local pawnshop. n recent years, the pawn industry, once saddled with a skid-row reputation, has targeted a more mainstream and sometimes downright wealthy clientele by offering to deliver short-term cash with speed and discretion. See Pawn shops enter holiday-shopping fray. More

IRS delays start of tax filing season to Jan. 30
Reuters via Yahoo Finance    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The Internal Revenue Service said it will begin accepting 2012 tax filings on Jan. 30, eight days later than originally planned, meaning millions of early-filing taxpayers will have to wait until February at the earliest for a refund. More than 120 million households should be able to start filing tax returns on Jan. 30, the agency said. More

CMT sets premiere date for 'Swamp Pawn'
The Times-Picayune    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The parade of Louisiana-set reality TV continues later this month with the premiere of the new CMT-network series "Swamp Pawn," set in Bayou Pigeon, La. The featured business is Phillips Swamp Seafood, where proprietor Rick Phillips "buys and sells anything the bayou serves up — including alligators, turtles, bullfrogs, crawfish, and everything in between," according to a network news release. More

7 ways to tell if your gold is counterfeit
The Market Oracle    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Gold counterfeiting is nothing new. In fact, just recently there were reports of fake gold bars from China turning up in New York. Instead of gold, their centers were stuffed with tungsten. But rest assured there are a number of methods you can use to mitigate the risks of ending up with counterfeit gold. Some are simple, quick and inexpensive. Others are more elaborate, detailed, and not so readily accessible. More

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Fear about gun legislation pushed firearm sales to record high last month
Forbes    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Gun sales reached at least a 14-year high last month, according to a widely used, if imperfect, measure. The FBI processed 2.78 million background checks through its national database (NICS), meaning last month was the busiest month ever for gun-sellers since NICS began in 1998. For contrast, authorities in Dec. 2007 processed 1.23 million checks, and five years before that, in 2002, only 974,000 checks. More

Finally there's a discreet way for wealthy people to pawn things
Business Insider    Share    Share on FacebookTwitterShare on LinkedinE-mail article
When we spoke with Kevin Cronan last spring, he was an ex-currency strategist working part-time at Starbucks, desperately trying to get back into the finance sector. Three years after he was laid off during the height of the recession, Cronan found himself staring down a $3,000 tax bill he had no means of paying. More

Hardcore Pawn: Chicago keeps it real on truTV
Lake Forester    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The second installation of the hit television show, Hardcore Pawn, which runs on the network truTV, broke out on the block with sky-high ratings. Some might say it has to do with the personality of the show's new pawn stars. More

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5 ways to avoid the flu in the workplace
Entrepreneur    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Someone close to you is probably suffering from the flu — a loved one, a co-worker, or the guy who was breathing on you on the train this morning. It's been an early, and especially nasty, start to this year's flu season. According to the Centers for Disease Control and Prevention, the illness has arrived five weeks early, sweeping across 41 states. In Illinois, the flu has killed six people. More

Discreet online pawnshops cater to the former 1 percent
Refinery29 (blog)    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Since Wall Street hit hard times back in 2008, America has added a new category to the social roster: the formerly rich, currently broke. Though it's hard to imagine how people of such funds could find themselves in need of fast cash, it happens. Despite an extensive education and probably a great résumé, some former big shots might have serious trouble finding another job in their field. But, of course, it's a bit different than the traditionally grim vicious circle of poverty. You might not have a salary, you might burn through your savings, but you've still got mad money lying around in the form of fine jewelry, artwork, and the like. More

Police target pawnshops in Fresno, Calif., in gold sting
KGPE-TV    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Fresno, Calif., police are busting pawnshops allegedly buying stolen gold. The Fresno Gold Stop was one of three pawnshops busted recently. Police recovered thousands of dollars worth of gold in the sting operation. Police arrested the owners of the three businesses and charged them all with intentionally accepting stolen gold. More

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