barraman - i thought these rip off scams would be illegal espescially on tv.
Rip off scams are illegal whether they use TV, newspapers or any media or in fact any other means, the hard bit is identifying them; then persuading our slack authorities to take any punitive actions...before the scammers have the opportunity to close down then disappear underground again, only to emerge somewhere else and operate as a separate entity.
The company you mean operate by not offering a upfront price, on receipt they offer disgustingly low prices then hopefully rely on people's ignorance or apathy in not requesting the immediate return of their Gold. ....it looks like it works too judging by the amount of adverts they transmit.!
All that glitters is not always Gold.!
Never send off goods or deal with a company that does not offer the latest spot price beforehand to ensure you are happy, also make sure they pay straight into your bank or other desired method, on the same day as receipt.