Pawn Shops and Stolen Property True o...

Pawn Shops and Stolen Property True or False?

Posted in the Jonesboro Forum

Guest

Jonesboro, AR

#1 Sep 20, 2011
This sounds absurd!!!
When someone has proof of Ownership and finds there property in a Pawn Shop. The Pawn Broker is not required to turn it over to the owner! The property owner can reclaim the stolen items only if they reimburse the Pawn Broker.
True or False?
If police find stolen items in my possession I don't think they would hesitate to arrest me and remove the stolen items!
MrNiceman

Jonesboro, AR

#2 Sep 20, 2011
Heres the way i done it, i went in like i was interested in what was already mine. I seen it was mine and went out and called the Police and proved it was mine and got it back. If u tell them its yours and it was stolen it will disapeer before ther police gets there. pawn Shops are crooked also BEWARE
Guest

Jonesboro, AR

#3 Sep 20, 2011
True
Customer

Jonesboro, AR

#4 Sep 20, 2011
Actually most pawn shops are not crooked. Jonesboro shops are required by law to upload all pawns and buys to police every evening after the close of business so that the police can search for your lost items. Most do ask for you to pay the amount loaned and then when you press charges the judge can order restitution to you. It is just like the pawn shop is being stolen from too when they buy or pawn your merchandise in good faith that it isn't stolen.
Enigma

Siloam Springs, AR

#5 Feb 9, 2012
If a stolen item is arbitrarily taken from a pawnshop, who pawned or bought it in good faith, it just transfers the victimization from the original owner to the pawnbroker.

We don't know til after the transaction when we report the item that it was stolen. We are required to report our transactions every day to a central online database to check the numbers. If justice prevailed we would be allowed to run the numbers first to see if it is stolen BEFORE we take it in. But the authorities won't allow us to do that. They want a nice tidy case tied up with a red ribbon handed to them on a silver platter to make their detectives (defectives) look good, when they have done nothing, and we get the shaft.

And we get scammed by con artists that look at a TV or a gun and memorize the serial number and immediately call the police and report that number as stolen from them, so they can acquire an item that never belonged to them, for free.

So don't paint all pawnbrokers with the wide brush of being crooked. Some are. They get caught and shut down and prosecuted. Most are honest businessmen who follow the laws and play by the rules. If you felt shortchanged in selling or pawning to one, just remember, if you accept the amount he is willing to loan or buy for, it was a fair deal.

If you only ask for $30 on something I would easily give $100 for, it is your problem not mine. I am not obligated, legally, morally or otherwise to offer you more than you ask for or even to give exactly what you ask for. If you don't like the deal, don't make it. We are both free to refuse unless both sides agree. But if you accept the terms, whatever they are, don't go around crying about it later.
Thought

Blytheville, AR

#6 Feb 9, 2012
Wasn't there a proposal made (or possibly put into law), to have all pawn shops take a fingerprint of (anyone) who pawned or sold an item to the shop?
robert

Atlanta, GA

#7 Sep 12, 2014
What happens if you go into a Pawn Shop and buy an item and later sell it and it turns out to be stolen. The person who bought the item, would they go to jail for buying a stolen item from a pawn shop?
guest

Jonesboro, AR

#8 Sep 12, 2014
Customer wrote:
Actually most pawn shops are not crooked. Jonesboro shops are required by law to upload all pawns and buys to police every evening after the close of business so that the police can search for your lost items. Most do ask for you to pay the amount loaned and then when you press charges the judge can order restitution to you. It is just like the pawn shop is being stolen from too when they buy or pawn your merchandise in good faith that it isn't stolen.
Bahahahahahahahahahahahahaha!! !!

(wiping eyes)

Bahahahahahahahahahahahahahaha ha!!!!!
Guest

Jonesboro, AR

#9 Sep 14, 2014
Customer wrote:
Actually most pawn shops are not crooked. Jonesboro shops are required by law to upload all pawns and buys to police every evening after the close of business so that the police can search for your lost items. Most do ask for you to pay the amount loaned and then when you press charges the judge can order restitution to you. It is just like the pawn shop is being stolen from too when they buy or pawn your merchandise in good faith that it isn't stolen.
Pawn shops are crooked. They set up there businesses KNOWING that people will bring stuff to them for quick money. Their not being concerned that they are actually rewarding people that steal others stuff to pawn is ridiculous.
Who uses pawn shops anymore anyway?? Thieves !! A honest person would use craigslist, or FB, and get more money, by being paid what things are worth, vs taking it to a pawn shop for pennies.
in the know

Alexander, AR

#10 Sep 17, 2014
And i suppose you 2 geniuses know it all. Why in the world would a pawnshop knowingly buy something that is stolen? If the owner finds out they have it and do a police report the pawnshop will lose the money invested AND the merchandise. They pay less than something is worth because they have to make a profit...it's called business.
guest

Antioch, TN

#11 Sep 17, 2014
in the know wrote:
And i suppose you 2 geniuses know it all. Why in the world would a pawnshop knowingly buy something that is stolen? If the owner finds out they have it and do a police report the pawnshop will lose the money invested AND the merchandise. They pay less than something is worth because they have to make a profit...it's called business.
It needs to be outlawed like paycheck loans, or title pawn. Stop it all together or make them follow the usery law no more tha 10%
Dennis Kellett

United States

#12 Sep 23, 2014
The pawn shop are getting better course I haven't been in one since 2010, but pawn express did accept a stolen item that my son pawned from me. I heard about it went in and found it called the law they collected it 3 days later I got it back. At that time my son went to court over the item and had to pay the pawnshop
will this ever end

Saint Louis, MO

#13 Sep 23, 2014
Guest wrote:
This sounds absurd!!!
When someone has proof of Ownership and finds there property in a Pawn Shop. The Pawn Broker is not required to turn it over to the owner! The property owner can reclaim the stolen items only if they reimburse the Pawn Broker.
True or False?
If police find stolen items in my possession I don't think they would hesitate to arrest me and remove the stolen items!
I bet if you went to the police and filed a police report and told them where the stuff was they could retreive it. They may not be able to give it back to you right away but at lease it would not be sold to someone else.
guest

Fuzhou, China

#15 Nov 18, 2014
Dennis Kellett wrote:
The pawn shop are getting better course I haven't been in one since 2010, but pawn express did accept a stolen item that my son pawned from me. I heard about it went in and found it called the law they collected it 3 days later I got it back. At that time my son went to court over the item and had to pay the pawnshop
Good job. Most of the time the crooks I see in Jtown had parents that raised them to be crooks. If you did that at least you're making him pay the consequences now, when he steals from you at least, instead of lying to the police and trying to get them off without paying for what they did.

As far as the pawn shops there go, I don't know if they are all crooked or not, but the commercials for them I see on TV make the owners and their kids look like dirty creeps so I'd be surprised if they weren't ripoffs in every way.
bcp88

Fort Worth, TX

#16 Nov 25, 2014
I found a iPhone can I sell it at a pawn shop
Citizen

Jonesboro, AR

#17 Nov 26, 2014
Pawn shops have no intrest in stolen items. Die to the fact they are online with jpd so if a stolen item description matches then jpd can locate it. The pawn shop loses money they suppose to be paid restitution from the guilty party but rately do the courts actually turn loose of the money. I guess they need ir worse so . These morons who think they deal stolen goods have no clue.
Sandie6514

United States

#19 Aug 25, 2016
I have a stolen rifle at UFO GUN Shop in Cabot AR. Not having had a job in five years my money is tight. Since the file was stolen by a family member I am responsible for the money paid. I sent $100 cashier check and the shop owner is now trying to take custody from me. I went in on August 23 to pay and recover my property. I was told that they are holding the gun in anticipation of a court order giving them ownership. Understand I went in to pay and recover my rifle and was refused until the court gives the shop custody. At the time I went in there wasn't any legal documentation in place. I was told not to come back. Is it me or is something wrong?
TTownPawnBear

Sapulpa, OK

#20 Apr 18, 2017
Sandie6514 wrote:
I have a stolen rifle at UFO GUN Shop in Cabot AR. Not having had a job in five years my money is tight. Since the file was stolen by a family member I am responsible for the money paid. I sent $100 cashier check and the shop owner is now trying to take custody from me. I went in on August 23 to pay and recover my property. I was told that they are holding the gun in anticipation of a court order giving them ownership. Understand I went in to pay and recover my rifle and was refused until the court gives the shop custody. At the time I went in there wasn't any legal documentation in place. I was told not to come back. Is it me or is something wrong?
Anything involving firearms MUST go through the ATF and NICS (at least in Oklahoma in the case of NICS). In order for a pawn shop to relinquish ANY item, be it a firearm or a video game system, there MUST be a court order signed by a judge in hand by the victim to show LEGAL ownership. In the case of a FIREARM, a 4473 must also be processed to prove that you are legal to even possess the firearm to begin with.

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