Thursday, June 9, 2011

Why Pimps Wear so Much Jewelry. A lesson in asset protection.

Rick Harrison from the TV show "Pawn Stars" explains why pimps wear so much "bling". He says that when they get caught by the police the police confiscate all their money (which makes it impossible to pay bail), however they don't confiscate jewelry. The pimp can then pawn that jewelry again for 50% of what they bought it from the pawn shop in the first place and use that money for bail.