Attorney General Chris Koster sues St. Louis gold-buyer - KMOV.com

Attorney General Chris Koster sues St. Louis gold-buyer

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JEFFERSON, Mo. (KMOV.com) – A St. Louis area business is being sued by Attorney General Chris Koster after allegedly purchasing stolen jewelry and selling it to smelters.

According to court documents, the lawsuit names Missouri Gold Buyers, LLC, and Mike Duke.

The lawsuit alleges that Duke and the business had purchased stolen jewelry throughout their St. Louis stores and sold it to smelters without waiting the required five-day period, required by law.

“Had Missouri Gold Buyers retained consumers’ stolen items for the five days, law enforcement officials may have been able to return the stolen items to the consumers,” said Koster in a media statement. “Instead, at least five consumers permanently lost jewelry worth over $50,000, with irreplaceable personal value.”

Koster is also seeking an order to stop Missouri Gold Buyers from selling any gold, silver or platinum in the state of Missouri without first giving law enforcement a chance to return any possible stolen items.

He will also be seeking restitution for consumers, civil penalties and prosecution costs.

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