Residents are turning old bling into cha-ching


By Laura Elder
The Daily News

Michael Fuljenz has assisted in undercover investigations of so-called “hotel buyers” who move from city to city buying jewelry and preying on people who are in difficult financial positions.

Fuljenz said he helped investigate one hotel buyer who offered only $60 for a gold coin Fuljenz and independent experts valued at $10,000.

Fuljenz also advises consumers to sell to only reputable dealers and to be careful with companies that proclaim “Nobody pays more” or “Highest prices paid.” Also be leery of anyone who claims “to have a high buyer on the phone or computer and you need to sell right then.”

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