Unmasking the Grand Scam: My Encounter with a Bold Fraudster! 

only offering enough to double your money is not honest - pay whats its worth, thats honest

​@@user-zs4wg1ku6t "Unga-Bunga... Capitalism Bad, Communism Good! Me hungry, me food."

@@pitolove3846 capitalism?? he's buying used products not making them - its called greed at the ROI he wants - NO ONE GETS DOUBLE THE INVESTMENT UNLESS YOURE A LOAN SHARK OR TAKING ADVANTAGE OF LESS FORTUNATE PEOPLE.

@@pitolove3846 to you paying a fair price for something is communism?? hes taking advantage of desperate people that need the money - thats not capitalism bud

@@user-zs4wg1ku6t Are you dumb? His whole business is from re-selling items which the customers are well aware of. The point of a job is to make money.

I kinda did this

A lot of people got even bigger checks, so yeah, it's possible.

The epitome of poverty mentality.

He was mad he didn't sell that chain to him he was full of shyte.

@@Enough.Said. sure its possible, just makes you look like the biggest pos in the world when everybody was struggling to spend all your stimulus money on a gold chain. I guess not everybody is capable of self analyzing tho.

best way to spot a scammer is if they offer up information that you didn't ask for, nor required. like who cares that he bought it during the pandemic with his first paycheck of 5000 and he spent his entire pay on it?

Civilization destroyers, that's it.

@@albertlwj .. and the "I don't remember how much I paid for it, exactly" a year or 2 ago -not even a ballpark figure lol

A bottomless pit is the answer !!!!!!!

@@albertlwj It is like any legit place. We need to see if it for real and look at the markings, Soon as they say in a hurry, you know they don't want it tested.

I wouldn't allow someone to file deeply into a solid gold chain because you couldn't resell it to anyone after damaging it like that. Anything worth that much money would have a K stamp on it. If Pete maybe knew more about jewelry he would know that. Now old European jewelry doesn't always have karat stamps on their jewelry but it's usually the old stuff, not the newer jewelry.

@@getin3949 Problem is, it's fake AF. If it was real, the owner would say " if you damage it, it's yours" End of story. Give me my 7K. Guy was full of $h!t

⁠@@getin3949seems like you don’t know much about real or fake jewelry either

@@getin3949 Couldn't someone just put their own "K" stamp on it? It would still need to be tested right?

⁠@@getin3949Pete said it was stamped 18K but it didn’t look correct (23:30-23:40). Lots of fake jewelry is stamped. The value of that necklace is in the gold… scuffing it to test it marks up the necklace but doesn’t significantly decrease the value of the necklace because it only loses a tiny amount of gold. No one would buy 200g of 18K gold without testing it. And it absolutely could be resold after testing it which is why Pete is interested in it. It could be easily repaired, but again, the real value is the gold which can be melted down. The production of gold jewelry is cheap. It’s the value of the gold that makes them so expensive.

If I were a seller I would look for my scuff mark before I go to sell, and I gotta assume my man would as well. If you are that easy you deserve to get took.

Real business men test it and keep their eyes on it the whole time,if they loose sight of it theyll request another test

@@anglegrinder4630 shut your mouth.

@@robbieteasdale1965 HAHA!! "Or what"?

@@tbo6144 I'll down vote your comment. I will do it, you better believe me.

Legit stores have the cash on hand.

@willieclarence8541you don’t know his situation it’s insane to me to think this way… “but there are starving kids in Africa” what did you want him to do? Give all his money away to somebody else? Is that really realistic? You don’t get to decide what people do with their money and your statement sounds jealous.

@@KoharuUchihaK Do you really not understand what is problematic with someone receiving money from the Government so that they can survive during a crisis and they immediately spend the majority of that large sum of money on a useless vanity item? Poor money management like that is one of the biggest reasons for multi-generational poverty, plus that isn't what people were intended to spend that stipend on - do you really think the government should be handing out money so people can buy gold chains? Either way it's nonsense because he didn't actually do it, it's a fake chain that he probably got for $150 from some other scam artist. But acting like people are "insane" for thinking it's morally reprehensible to be spending your Covid stipend on a shiny thing to wear and making some weird claim about kids in Africa is pretty fucked up, mate. Because it's not really "their money" is it? It's money from the taxpayers that is intended to help people get by during an extremely tough time. Anyway, I'm probably wasting my time. I see you've posted this a few times so you seem to truly think that someone spending thousands of dollars outside of their means on a necklace and then not having money to pay their phone bill is a perfectly reasonable situation so... I don't really know how to have a conversation with someone like that.

I actually sell Gold a lot and most shops you have to call first to make sure they have enough cash to pay you many times I’ve went to these stores without calling & they didn’t have enough cash to pay me out

One word for this bullshit: Ghetto.

This is why I pay for premium. Screw the ads.

I agree

Or it's for "baby formula". They don't try on truckers much anymore. We tend to hurt some feelings. Pretty lame to ask for someone's money who's actively working.

@@christiansvideossurprise surprise for them when I say baby formula is literally poison for your child setting them up for gut issues and problems later and I will not participate in causing harm to their baby 😂

Glad I’m a hard ankle and have no problem telling parking lot Gyps to get away from me.

my father fell for the same scam. watch out for those indians and pakistanis . . their entire country is an open air scam center

Was the scammer a gypsy? That is a very common gypsy scam in my area...

In Texas they do the chains and now good nugget rings. Mostly Indian scammers

Lmao. Happened to me twice with the same person on seperate occasions. Told him to pound sand both times. Lom😂

I immediately shut people down if they start approaching me; come too close and they’ll get a chance to learn more about the 2A!

Happened to me. Almost word for word. Guy pulls up asking for money and offers his jewelry aka watch. He also had 2-3 kids in the car. I threw a $5 bill at him and said keep the watch.

Can't bs a bs'er

Then he wanted a loan for his worthless necklace, that I’m sure would never be paid back

Over priced and over hyped place

It's no Wax Trax.

too bad... you're a number! get back to work!

Foreigners usually treat their employees a bit better. Why that is, I don't really know.

@@dmzabo3914 So I assume you have a study or statistic to accompany that claim? I'm from Denmark, and I've had one employer treat me and others at the company like shit. All the others I've had have been great. It's a pretty broad claim you bring, so I'm genuinely interested in seeing if there have actually been research put into this. I know there's a fantastic worklife balance in my country compared to a country like the US, but that really isn't dependant on how you get treated by an employer. Again, a link to a study would be greatly appreciated! :)

most corporations treat people like machinery.

@@takecareofyrshoescorporations use numbers matrix your literally a number on spread sheet

That’s so cool!!!! I want one now lol

Cool💦I used to play with my brother's toys more than mine.

So did I use to play with it for hours brings back memories.

She was already a successful and acknowledged artist before she met John Lennon, and at the time he died her work was exhibited around the world. I am sure she was doing just fine.

Hi man..i saw the video from England and was guessing 500 Dollars..am i close

@@shaun7638 This is a reissue from 1977 and worth around $30 dollars.

It was kind of a joke at the time.

@@djphlegm Wow thanks my man....

All that depends highly on the grade of the media. This is something a lot of people really don't realize really makes the value.

I agree and the last guitar 🎸 got stolen dude who pawned it ran into store and yoinked it off th window and ran out the door lol

The guitars are nothing special. No big deal if they warp a bit.

People like that are the reason why we have to deal with electronic tellers in the banks more and more

I used to do yard work for a retired dentist. He told me his practice had to stop taking checks because so many people wrote bad checks. "I think people deliberately were trying to get services for free." He would go to the district attorney, and he told him they don't bother prosecuting for bad checks often anymore because there are so many.

A banker calling the public scammers. 😂

You'd be surprised I once went down a youtube rabbit hole looking into these guys and I remember one video they ran into the same guy like 2 times in 2 separate states but then they found videos from other people of the same exact guy and he was on the complete opposite side of the coast doing the same fucking thing. And from all the videos iv seen they always seemed to drive brand new SUVs

yes all the money they make from scamming people @@XxMidnightToker420xX

@@XxMidnightToker420xX Jackass.

There's no mice w the cat living there😂

@@nunyabuziness8421 wanna bet!?

Maybe the guy wanted to gauge how much cash was on hand in the store. Might be why the other shop said he did not have enough when he actually did.

First red flag straightaway. "I brought it to the gold guy and he said come to you". Gold guy ain't buy nothing?, "yeah go to this pawn guy", yeah ok...

@@Niall404 The gold guy only melts, whereas pete will buy and sell as a piece of jewellery, which is worth more.

@@TheDogGoesWoof69 nope 🤷🏻🤦🏻

@@benvandusen8112 you know damn well he's a scammer 🤦🏻why not let Pete test the chain to see if it's real ?

What's your opinion on armadillos?

Whats your opinion on farting into megaphones.

What's your opinion on farting in a spacesuit? 👨‍🚀💨

@@Tits_Moneywhere’d these jokes come from LMAO

@@kylec.8350can one of y’all explain where these jokes are coming from 😂

Those traveling-pop up 'police auctions' do that. They have shill bidders and buyers that pump up the unsuspecting ' buyers'. Avoid.

That's Bidenomics.

BINGO @@benfordslaw5105

Yup, the money's probably gonna go to cigarettes and vodka.

The girl didn't look sad.

​@beckypetersen2680 because the girl helped mom steal the stuff and they're splitting the money

Yes, scammers always want to be your buddy and distract you from what's going on

You’re right, they spit,out word salad in hopes of distracting some lowly employee into being screwed.

Interested to see your comment,i have left a couple messages on here already and when i saw the video thought it was mint,perhaps thats the reason why..Cheers

Can someone tell me when he got Mrs Walter’s? I haven’t heard of her

I disagree. He wanted to pawn it, not sell it. He even said so. Also, he was fine with him authenticating the gold until he was told that he had to "significantly scuff it." You can test gold with machines that are more accurate, and don't damage the gold. That's what coin shops use. If i had gold to sell, i wouldn't let him scuff my property either, especially if i expected to get it back, which is what he said.

​@@trekkiejunkno, he didn't want him to scuff it because he knew that once he scratched it for the acid test that it would come back fake. It's probably gold plated only. If he wanted to pawn it he would have taken it to a pawn shop which this is not a pawn shop and doesn't say pawn shop on the sign at all and it's not even known as a pawn shop and never was. He said pawn after he knew he was going to scuff it, because he figured if he made it seem like he was going to come back for it that he owner would just take it without checking it out. The guy with the gold is 100% a scammer. He needed money bad but refused to let it be checked out. He never initially said he wanted to pawn it. He said that way after he knew the gold test was coming.

​@@Robert-nu4vc a lot of people think this is a pawn shop. I've watched so many of this channel's videos and several contain one person thinking it's a pawn shop.

@@trekkiejunk Originally he wanted to sell it, Just like he tried to sell it to another jeweler. He only brought up the loan after Pete said he wanted to test it. IF he wanted to sell it, why does he care that it has a scuff mark. The guy was scammin before he walked in the door.

@@trekkiejunkyou’re really dead set on trying to convince folks this guy is innocent huh? I bet YOU ARE THE GUY!! 🤣

Exactly, i had this muslim lady run up to my truck at a gas station with her 2 little kids. She literally banged on my window and tried selling me a gold bracelet. All while her husband swt in the car and watched. Absolutely appalling if you ask me.

@@jeffb321 They are gypsies (Roma people).

@@jeffb321bc they think you’ll feel bad for a woman with kids

And that’s what the gold store did to Pete! Or at least if you believe the scammer - gold shop telling him he “didn’t have enough money on hand” 😂

Why didn't u make sure that u didn't scratch 'every' guitar u have with your belt buckles then? Take your own advise? 😂

@@user-kn9oq2kt5z I bought them 2nd hand.

@@user-kn9oq2kt5z It's different when we own them, the blemishes become sought-after and add character. On the store rack, it just looks like hell

Why bother? What other shop is going to buy it from him without letting them test it. Pretty obvious.

Actually, he DID say he was fine with testing it. He said he wasn't fine with him "significantly scuffing it." Watch the video again. Coin shops have machines that test the purity of gold. Damaging the gold is how you tested it 50 years ago. Seeing as the guy said he wanted a loan (ie, to pawn it), he expected to get it back at some point, and didn't want his property damaged. I think you all are seeing what you want to see.

@@trekkiejunk Kinda makes you wonder why he didn't go to gold shop with a radio spectrometer in the first place since they pay the most for gold and don't have to damage your piece.

​@@trekkiejunkI totally agree, check my comment out I just posted also.

You very likely could be right.@@trekkiejunk

I bought bitcoin with all 3 of mine. I ended up buying a Mercedes brand new off the lot with that bit coin. Bitcoin is gold? Lol 😆

@@HashCeo buying a brand new car is just as stupid as a gold chain 🤣

He's Catholic they don't celebrate Christmas.

ohh now that's funny

Yeah the jewelry and designer clothing business are ripe with these types

lol right!! And you have morons on here sticking up for the guy!

I felt a bit sorry for the fellow, seeing his hangdog look as he communicated with the camera.

Yea I got bad vibes from the lady with the kid..

The random woman interrupting them constantly with literally zero useful information was annoying too

or they can't afford a babysitter and actually take care of their kids....

​@matthewdavis4665 I was getting super weird vibes as well

I think the kid was there because they were her items, and he may not have bought them without an adult present. She appeared to apologize to the young lady for the price she was given.

No way! I bought a few of those on Temu for $1.62 each- that's decent margin if you can sell a bunch.

In fake ngc or pgcs cases? I didn’t know they made very good copies of the cases with coins that matched the pictures on the graders websites. Not that I like buying graded or encapsulated coins because you can’t handle them and examine them but they are becoming more and more popular over here as well as them being popular in the US. I’m old school so would rather grade and examine coins myself without all this grading to one point out of 70. The whole idea is silly. You can send the same coin to the same company and get a different grade each time.

@@murph8411 it was not a reputable grading company. I can't remember what it was called. As soon as I googled the letters it came up fake.

I love he too but he's a business to run. 😢

Please tell me why did Pete have to move Ruby?

@@beverlyrichards9845 Because she was squaking really loud and disturbing the customers.

Too loud and shits everywhere

Dude, you're gross.

You can spot these dudes from a mile away.

His story was way too long talking about his paychecks and overtime.

Defiantly right there.@@SaturnaliaJones

Why not just say guy.. if he was white you wouldn't say white guy.

Typical

Do u recall when he came here from poland? Is there a video of his backstory you know of?

Lol, facebook

Why would they bother? You think other shop owners are that stupid? Nobody opens a shop like that without having the sense to test things before buying them. And when they typically pay 1/3rd the value of something; they can even make mistakes without it hurting too badly.

@trekkiejunk you're the kinda person to respond to Ugandan emails about inheritance from your dead uncle aren't you

Expressing that you'll take less for a loan is standard in gold chain short cons. It's done to lull the rube who comes to the same conclusion you have and the grifter still skates with way more money than their plated "gold" chain cost them. Words are cheap. They're completely worthless from a conman.

If he wanted a loan why not go to the coin shop and test it then get a certificate of authenticity? It would have taken away a lot of the suspicions.

@@donshields2379 How would a certificate of authenticity help?The pawn shop would still need to test it in case they swapped it with an identical fake chain.

@@BrooklynBalla it is good you are looking at the root of the problem.

Doubling your money is 100% profit, not 50%.

@666cemetaryslut lol that's really true. That was a pretty dumb thing for me to say actually haha

No shop owner is going to offer $400 without testing either. Hell they test everything even an Xbox in that video that he paid $25 for. Dont be silly.

@@TM-lq1qf you're implying no pawn shop owner has been scammed which is untrue. He clearly wanted a loan, implying he will come back for it. Take the $400 loan and never show up.

What did you expect him to do?

Right?! I think he even said “I didn’t spend my entire check on it as that’d be crazy”; so even less than $5k. Who wouldn’t then jump at $7k if he knew it was real-he could go buy another one and sell it again! 🤣 Fact is Pete just threw out a big number to get the guy excited and to convince him to let him test it. But the guy knew he was onto him and saved face by talking about loaning it or not wanting to scuff it up. 😂 He knew he wouldn’t be able to scam someone else with it if it were scuffed 😂

Doesnt gold fluctuate a lot? Maybe it gained in last 3 years? ​@@TM-lq1qf

@@TM-lq1qf Pete gave a realistic number of 200g of gold, the guy just knows it's fake

Who are “these people”?