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Closure: Family sees justice in shooting of East St. Louis, Illinois, pawnshop owner
Belleville News-Democrat
The family of an East St. Louis, Illinois, pawnshop owner who was shot and paralyzed from the waist down says they are happy that justice has finally been handed down in the case. U.S. District Judge Michael J. Reagan sentenced Timothy R. Collier, 48, of East St. Louis, to life in prison plus 900 months for shooting Osborn on April 25, 2013, at East St. Louis Jewelry and Loan and leaving him paralyzed from the chest down, and for his role in robbing Arena Liquors in Belleville, Illinois, in 2013.
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EZCorp to restate financial reports
Austin American-Statesman
Austin, Texas-based payday lending and pawnshop chain EZCorp Inc. said that it will restate its earnings reports for all of 2014 and for the first quarter of 2015 to "correct certain errors" related to one of its business units. EZCorp had announced in May that it would delay releasing its second-quarter earnings report due to errors found in its Grupo Finmart operations.
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$1 million worth of diamonds stolen from Houston jewelry salesman
KPRC-TV
Jewelry salesmen and saleswomen are being targeted at such a high rate in the Houston area that some companies are banning their employees from carrying jewelry to and from stores all together. "A lot of jewelry manufactures have basically told their salesman, 'Don't come to areas where these gang activity things, robbing jewelry salesmen or whatever, are occurring.' So they just, basically, decided to just do their business in jewelry trade shows as opposed to sending salesmen out on the road," said Steve Silver, of the Jewerly Appraisal Services.
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County commission in Georgia approves update to pawnshop ordinance
Polk County Standard Journal
The Polk County Board of Commissioners in Georgia unanimously approved a change to the pawnshop ordinance during their July session that would ensure no stolen merchandise could be easily pawned in local businesses. The change requires pawnshop owners to file electronic reports of all items coming into their shops. The electronic reports can then be crosschecked to ensure the items aren’t part of a state and national database of stolen items.
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    'We do everything by the book': The Happy Hockers insist no dodgy tricks are traded behind the scenes of Pawn Stars Australia
    The Daily Mail
    Australia's own version of hugely popular American show Pawn Stars will launch soon. The show, aired on the A&E Channel, stars The Happy Hockers - brothers Aaron and Ben Senes and good friend Shanon Folden - with the cast adamant no dodgy tricks are traded behind the scenes.
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    Florida man accused of pawning stolen jewelry within minutes of theft
    Northwest Florida Daily News
    A 23-year-old Fort Walton Beach, Florida, man is charged with taking the pieces of jewelry from De France Antiques and pawning them nearby within a few minutes of the theft.
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    Fears of proms in a pawnshop
    Modern Times Magazine (opinion)
    If you ever think some people don't have it tougher than you just imagine if your high school was behind the "Gold Exchange" store, or something similar. Remember all of those times in high school you had all that gold on you in high school? Wouldn't it have been handy. Don't remember that? That's likely because you didn't. Remember for a second that school that is behind the "Gold Exchange" store used to be a laundromat. It is almost as if one question would have to be asked. Where do they have their Prom? Is it in the pawnshop.
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    Overtime proposal may force hard choices at small businesses
    The Associated Press via USA Today
    The plan issued by the Labor Department last month would raise to $970 a week from $455 the threshold at which salaried workers must be paid overtime. Some small business owners say it would force them to change how they pay staffers, cut their hours or eliminate perks like bonuses because they don't have the money for overtime for employees who routinely work 45 or 50 hours a week. The proposed change would be particularly hard for owners who rely on managers to oversee their day-to-day operations. It could also force some owners to raise prices or cut the services.
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    NPBA Weekly NewsBrief
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