Police say a man whose illegal gold buying business had been previous shut down in Howell moved his operation to a Route 37 motel in Toms River.
Howard Klotzkin, 46, of Cardinal Drive in Browns Mills, was arrested Tuesday and charged with a number of crimes related to the illicit business, in which police say he was knowingly purchasing stolen jewelry, coins and other merchandise. Klotzkin was operating out of the Clarion motel on the state highway, where he was taken into custody following an undercover investigation.
According to Toms River Police spokesman Ralph Stocco, Klotzkin set up shop at the motel and claimed to be a legitimate, licensed purchaser of secondhand goods. But when an undercover investigator entered the establishment, Klotzkin agreed to purchase items from him and indicated that he “had to be careful, because if he got caught he would be arrested or fined,” Stocco said.
Klotzkin also stated that he “should return with a substantial amount of gold to make it worth his while,” Stocco said.
Klotzkin then transferred money to the officer and fraudulently altered a receipt in an attempt to evade detection of the crime, according to the police. He also directed the officer to tear up the receipt once he left.
Klotzkin was charged with receiving stolen property and fencing of goods. Bail in the amount of $40,000 was posted and he was released pending a future court appearance.
In addition to police, Barry Weick of the Ocean County Division of Weights and Measures participated in the investigation, noting violations relating to the use of non-certified and calibrated scales which were used to weigh the jewelry. Further information was developed that Howell Township had previously shut down Klotzkins gold purchasing business for violations of ordinances within their jurisdiction, Stocco said.