GREENWOOD, Ind. (WISH) - A Greenwood grandmother says state lawmakers did the right thing by passing a new Cash for Gold Law.
Mahala Jones says three years ago, a burglar stole jewelry from her with an estimated value of up to $20,000.
Police caught the man but Jones never got her jewelry back. She says the suspect sold it to a gold dealer for $630.
On Tuesday, two Johnson County homes were burgled and jewelry was reported stolen out of one of the homes . Police say burglars are turning their focus on stealing jewelry because they can get rid of it at gold and silver shops without any identification and that the jewelry in most cases is melted the same day.
This year, state legislators passed a new law designed to help detectives recover stolen jewelry before cash for gold merchants melt it down or sell it to someone else.
The new law requires precious metal dealers who purchase used jewelry to:
- Verify the identity of a person from whom precious metal is purchased by use of a government issued photographic identification;
- Take and retain a photograph of precious metal purchased by the dealer;
- Include certain information about a seller of precious metal on the bill of sale for the purchase of the precious metal;
- Report a description of all precious metal purchased each day to the appropriate local law enforcement agency; and
- Hold precious metal for at least 10 calendar days after the date the precious metal is purchased.
During that 10-day period, the precious metal dealer may not change the form of the precious metal, and must allow a law enforcement officer to inspect the precious metal.
The new law goes into effect later this year.
Watch 24-Hour News 8 at 5:30 p.m. on WISH-TV to see Mahala Jones' story and more on the new law.
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