tag:blogger.com,1999:blog-4674923995714732090.post5053869167428314825..comments2023-09-01T08:16:08.353-07:00Comments on SCAM ALERT: Camelback Consign & Design, Phoenix, AZ: : BURNS BURNS CONSIGNORS & GETS AWAY WITH IT!glenn michaelshttp://www.blogger.com/profile/13845048046821644888noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-4674923995714732090.post-25660708558123626952014-04-28T22:06:38.770-07:002014-04-28T22:06:38.770-07:00Let's discuss this some more.Let's discuss this some more.<br />glenn michaelshttps://www.blogger.com/profile/13845048046821644888noreply@blogger.comtag:blogger.com,1999:blog-4674923995714732090.post-61890057643947599982014-04-28T22:06:16.328-07:002014-04-28T22:06:16.328-07:00Dear Anonymous (4/28/14)
While I'm a little u...Dear Anonymous (4/28/14)<br /><br />While I'm a little unclear exactly how such regulation might work, I am certainly in favor of getting interested parties - especially victims and consignment store representatives with integrity - together with a legislator to discuss the problem and initiate the process of creating a solution. I wonder, for example, if consignment stores shouldn't buy special licenses, the fees from which would go to policing the industry and insuring consignors and consignment stores against bad behavior from either side. Perhaps the money pays for automatic mediation services.<br /><br />While cleaning up the industry in this way has costs associated with it, there must also be significant costs to the industry as a result of the bad behavior of individual consignment store owners.By reducing that impact, I would imagine that increased trust in the industry could result in greater willingness by the public to sell and shop at consignment store locations.glenn michaelshttps://www.blogger.com/profile/13845048046821644888noreply@blogger.comtag:blogger.com,1999:blog-4674923995714732090.post-52443864315253658612014-04-28T16:07:45.582-07:002014-04-28T16:07:45.582-07:00Every person affected by Camelback Consign and Des...Every person affected by Camelback Consign and Design need to get together as a group and go to one Arizona Senate legislator. What is happening at Camelback is VERY COMMON in the consignment industry. It's similar to a Ponzi Scheme. The store gets behind on its obligations, like the store rent. When an item sells, the store owner puts the consignor's money toward paying the store rent with plans on paying the consignor at a later date. This starts off as stealing a little consignor money and balloons into massive debt. I loaned a consignment store $25,000 to help them out of a jam BEFORE I inspected their books. They owed their consignors $350,000. Needless to say, I never got repaid. Then the store went bankrupt, leaving everyone holding the bag. This was also the case in Terry's Consignment Furniture and she and her "friend" were driving Mercedes. The State of Arizona needs to regulate consignment stores and the stores need to have trust accounts just like real estate offices. I hope that many of you will get together with your State Senator.Anonymousnoreply@blogger.com