Police are reporting that they have put the brakes on a business that has caused some concerns in Dominica.
Top cop Cyril Carette said the so-called ‘cash for gold’ business had been the center of concern for law enforcement for some time.
He told a press conference recently that while the business is not illegal, most of the gold sold in the booming business came from stolen items.
It is reported that Venezuelans on the island have been encouraging locals to sell their unwanted gold for money.
According to Carette, police were able to clamp down on these Venezuelans and their cash for gold business with help from the Financial Intelligent Unit (FIU), Customs and the Labour Division.
“We also ensured that there was a reduction in the gold for cash going around Dominica and we decided to put a choke-hold on this gold for cash and we have seen a significant reduction in Venezuelans coming around Dominica to buy gold from people. And you would know that most of the gold that they bought from persons were stolen property. Most persons could not identify the property because they were so seriously damaged. We have put a dent in them and prevent them from doing that kind of activity in Dominica,” he said.
He said to undertake such transactions, the proper documentation are needed “but these persons never had the proper documentation to do those types of transactions and we had to put some measures in place”.
put de brakes on them jam the brakes on them….
Close Them down! GOOD TING. “Cash for Gold” is encouraging Bwakaying and burglurizing of people’s homes. I commend chief Carette
I am very thankful that the authorities has placed a STOP on this ‘gold/money’ exchange. I hope that it is permanent!
Ha, and a pat on the back… 1970s policies in a quickly modernizing world. Proper laws have to be put in place by EDUCATED experiences individual to stem complicated schemes, money laundering and other modern threats. I’m so turned off by this rubbish. Prevention is better than cure. I bet u those venezuelans have Dominica passports.
antigua need to start to take some of these steps like da ,good work guys.
These people need to have a liscens and office n the id from the sellers with police certification certificate document
wish antigua would do the same thing.
When the Venezuelans return to their country they should produce proper documents of purchase of gold paraphernalia or other items and will have to pay duty on the total cost. If immigration in that country is honest they will be requested.
Not knowing is a bad thing. Last bell at the market had gold at $1589US an ounce. Why are you selling you gold people? Hold on to them. All the currencies are on the sidewalk crying…while gold is sitting pretty smoking a cigar. I just had an 18 carat gold chain that I bought 10 years ago from Martinique for 400US appraised for 1100US. Hold on to the gold. Gold will pick at 2100US an ounce – trust me.
If you decide to sell, please check the current market value on the web, and then bargain from there…
lol
I totally agree 100%. I am a victim of theft of all my gold, just the gold they put all the silver back. there are some sentimental value attached with them that i will never get back.
WELL DONE CARETTE.
KEEP UP THE GOOD WORK
How is it that Melville Hall Immigratiom was not mentioned along with the F.I.U , Customs and Labout Division?
Let it be know that the Immigration at Melville Hall Airport has played a great part in bringing this “cash for gold” trade to a stop.
(Oversight I guess).
@annoymous..you go on every dno page and make stupid comments. dont you have anything to do? dont you have a job? make some sensible comments please. sometimes you try to make sensible comments but then you just mess it up! you’re more for negative than positive…
very good. keep your gold people… they realize money is not of value and gold is of more worth so they going all over to get it. think about it
remember they not selling is buy they buying
Documents or not that business of ‘money for gold’ should stop all together because having the right documents will not stop the young guys from pulling chains from defenseless women or from robbing homes.
@ Woman
The sense of this is they will not be able to sell it without proper documentation, to ensure that it was not stolen property. If the buyers are honest they will request legal documentation.
DNO u cannot have Top Cop and Chief in the same sentence, it is like calling de man Commissioner Commissioner.
Top Cop Cyril Carette thats is his name and surname i did not see chief so read twice before you comment
lol…oh boy im down on the floor laughing, i dont think he is blind or drunk..lol.admin must have corrected it when he sent the comment you never know..lol
where did u see that claire? stupes
DVT, when last you got an eye check up?
I think you due for one all now
a little too late if you ask me, so much damage has been done and petty crime has committed to facilitate these transactions…
It’s not illegal
There’s no staute that says it is
Unless they can somehow write up some tax0evasion charge there is nothing they can do.
Of course there is … silly sausage.
It may not be illegal to buy gold, but it is illegal to do it as a Venezuelan without the proper papers. There is the STOP.
Al Capone was not imprisoned for all his violence and general gangster duties …. but for tax evasion.
There is always a way to stop crime. If only people would think and not give up so easy … such as you.
I know what Al Capone was arrested on, he’s my hero
Before you call someone names you should think first.
If you are suggesting that there is tax evasion then I beg to ask what taxes are they evading?
Taxes are paid on income earned over a certain threshold, or services rendered.
First you will have to “PROVE” that this is a business, and that they are actually earning an income.
For all you know they could just be buying gold because they like Gold.
So unless the zezea we have as a top cop can prove that they have
1. Have a registered business,
2. That they are buying gold as a business
3. That they are making over the threshold for income tax
4. That they are making over the threshold for Vat
Then it is tax evasion, but…them police not smart enough to prove that so don’t bet on it
So top cop some questions to think of starting with whats the charge without the proper documentation to do this type of business in DA. It is illegal to do this type of business without the proper documentation. Most people could not identify their gold …in that case were there people that could identity their gold. What is the consequence. Buying and selling stolen property now thats a serious issue. Mr. top cop i just love to read in between the lines everytime you talk!!!!!!
e.g it is illegal in dominica for foreigners to engage in income generating activities without proper work permits
I have always wonder why Dominicans would be selling gold for so little money, or even exchanging it for “clothes” while the price of gold increasing
my thoughts exactly..I tried telling that to some of my people when I was down in DA but they thought they were getting a good deal…”if it’s too good to be true, it probably is”.
Stupid is as stupid does
Your right that sin making we dominicans look fown island people,this is just like give them somthing for nothing and the gold can give yo twis the amount that they a giving.
Because we don’t have access to gold markets.
Because sometimes you desperately need a tin of milk or pampers for the baby and have no other means to get….not everyone is blessed with loving and caring family
Dang it was about timeeeee…I hope its for a long time…
Mr carrette on a serious note.
This is long overdue however like my friend would say give jack his jacket.Good move even if am no fan of urs. You never seize to amaze me with ur bloopers. ” ej “I will answer that in one word.” You gave two. lol!
Now Mr. Laughable Mr. Blooper.You put the choke -hold on the gold for cash peddlers when and what are you gonna do about the lawyers and miisters and those who jumpship( some are lawyes also) who are pushing passports for cash? 6 of one 1/2 a doszen of the other. Hold on! the latter is a more serious issue.
@Dishonest cop:
“cease” not “seize.”
I would think that your last sentence does not fall under the jurisdiction of the Top Cop, Mr. Carette. Have respect for him and his position.
I hope that you are an exemplary adult and citizen, free of blemish.
that the police reporting on? allow the cash for Gold stiulate the Dominica economy.
Stimulate which economy? Allow it to continue for those thieves to continue stealing people jewelry and bursting people chain in their necks? You’re sick!!
You sound like one of those who were illegally obtaining the gold to be sold.
Didn’t realize we had a financial investigating unit in Dominica when so much money laundering took place from 204 to recently. The majority of the 50 questions to the infamous lawyer in D/ca had much to do with money laundering. The majority of the passport deals show financial irregularities and we have a financial investigating unit.
That would be long before columbus claim to discover the west. lol!
@ Laughington Andrews
You are making me laugh.
Go about with that first name and you will be the laughing stock for life. 
Just be thankful that a lot of petty crime and I MEAN a lot … has been put on hold. Well done to these guys.
Stop being so angry about the fact that your party is not in.
2004 onwards? ONLY. … come on … they were all at it to some degree.
Good Job Mr Carrette. In like manner you need to start making progress in the GON Emmanuel fire bombing andattempted murder. IT’S ONE YEAR NOE SIR, AND THE MAN IS A DOMINICAN LIKE ALL OF US. Why deny him justice.Find Sico/Seco and start moving Sir!
From CuCuM
Take it easy MR CUMCUM do not CUM too fast 99days for the bad guys and one day for the police we understand your frustration and or your agender but police work is not CSI or monkey business certain investigations can take weeks, Days, or even years to complete and the police do not have to give out information every second I know how hungry some persons are for hot,hot breaking news, but thats not how police investigations and police work are carried out sometimes too much information can hinder the very case the police is persuing and leads can go cold. We are so spoiled in Dominica we demand from the police certain information from the police which in my opinion the police should not disclose for fear of jepordizing their investigations. Look and learn how we do it in the U.S.A. When certain reporters asked or inquire of law enforcement about sensitive information, “THE LONG AND SHORT ANSWER IS,”NO COMMENT”. I am waiting for our law enforcement units start behaving like that!been there done that.
haven’t dominicans wonder why they want your gold? keep allu gold people…
“choke-hold”?
Okay carette smh
my people stop selling the gold and silver in you all possession… because when the second depression comes around… only your gold will be worth something…. a million dollars larjah chersse don’t worth cow dump in this time… haven’t you realised these people actually prefers having your gold rather than money… they trade some and keep some… esp. black people in the western world… we so backward financially eh smh… we lack an understanding of economics… p.s the next depression isn’t too far…
oh!!! and if u didn’t know…. gadaffi wasn’t killed over oil… no my friend… gadaffi had libyan gold secured in fort knox… that’s in the u.s.a… then gadaffi ordered for his gold… then all trouble start… the day gadaffi was caught and supposedly killed… was the day it was supposed to be delivered…. he even wanted countries to pay for oil in gold… not fiat currencies like u.s dollar… get it… now i know someone might say conspiracy lol… well here’s some link to open your eyes a little bit http://www.youtube.com/watch?v=6O8vM0-6EEE oh and haven’t it seemed that gadaffi was dealt with so quickly… all i can say is hold allu gold tight
There’s always an idiot with a thumbs down to things he is unable to understand. The most stupid people are definitely Dummynicans.
Yep that’s the truth about G’s gold.
Don’t sell it to anyone guys … that earring that you bought for 500ec from naseef now will be sold for 660 ec soon. Good money for gold sales … But not here … here the naseefs will buy it off you for 66 ec.