New Law Takes Aim At Jewelry Thieves

It may be more difficult to operate one of those cash-for-gold businesses in Indiana. In a law that took effect with the new year, all stores that offer cash payments for gold jewelry or other types of gold have to register with the Secretary of Stateā€˜s Office and pay a registration fee of $100. The law was passed by the General Assembly last year with the aim of helping police catch jewelry thieves who quickly cash in what they stole at cash-for-gold businesses, which have become ubiquitous in some neighborhoods.

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