MAKE MONEY SCRAPPING.doc

8/14/2019 MAKE MONEY SCRAPPING.doc

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KARISHMA

RECYCLING APPARENTLY IS NOT JUST GREAT

FOR THE ENVIRONMENT BUT COULD MAKE YOU

RICH! HERE IS A STORY ABOUT A FAMILY

WHO;VE BASICALLY TURNED DIRT TO MONEY...

MAKE MONEY

BY SCRAPPING


2/12

The scrap metalmillionaires: How oldvacuum cleaners, cablesand cars have made one

man and his small army ofscrappers a fortune

Fascinating documentary goes behind thescenes of thriving scrap trade

Sydenham Scrap Metal yard in south

London turns over million a year !oss Michael, "#, says: $%$ve no e&ams but %

run a multi'million business$ Self'employed $scrappers$ collect waste

from the streets and sell it to him Scrappers with lorries earn ()) a day*

others with pony and trap +ust # -etting .ich %n The .ecession: Scrappers

will be on /0 on ( 1ovemberBy HARRIET ARKELL
http://www.dailymail.co.uk/home/search.html?s=&authornamef=Harriet+Arkellhttp://www.dailymail.co.uk/home/search.html?s=&authornamef=Harriet+Arkell


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As austerity continues to bite and metal prices soar, thesight of scrap metal men hurling old microwaes into thebac!s of ans is an increasingly common one"

The #ob$s not glamorous, but what few realise is that whileother industries are struggling, Britain$s scrap metal industryis a thriing, %&'billion(a(year business that ma!es seriousmoney for those who wor! hard"

A fascinating new documentary lifts the lid on the secretworld where the Role)(wearing, *ercedes(driing scrapyardboss turns oer %+million a year, and the rag and bone man

ma!es %& a day trawling the streets with his pony and cart"

2oing well: Michael is the .ole&'wearing, Mercedes'driving scrapyard boss who turnsover million a year


4/12

Lucrative: Staffed by a team of nine, Sydenham Scrap Metal turns over #),))) tonnes andmillion a year

-alled .etting Rich In The Recession/ 0crappers, the show

focuses on the characters who ma!e their liing at0ydenham 0crap *etal in south London"

1ac!ed with compacted old cars, acuum cleaners, cables,washing machines and other sort of metal #un!, the yard is athriing business run by 2&(year(old *ichael 3his surname isnot gien4 and his staff of eight"

The yard turns oer '' tonnes of scrap metal each wee!

and pays out %5',''' a wee! to an army of self(employedscrappers, who scour London$s streets for rubbish they canturn into cash"

Tattooed *ichael, whose grandparents set up the businesswith #ust %6' decades ago, now ma!es millions from his


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business buying metal from scrappers and selling it on to berecycled"

They use a magnet to sort the metals ( if it stic!s it$s iron

and not worth much, and if it doesn$t it$s precious metal (copper, brass or lead ( and worth up to &'' times as much"

*ichael said/ $I started here at &7, no e)ams, nothing, and Iturned oer %+m last year" This is my life, but I$m happy"

$I$m 2&" 8ho runs a multi(million pound business at 2&9$


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-oing straight: 3dam has done time for his part in a violent criminal gang ' now hema4es )) a day


7/12

Family business: /harlie and his grandson 3lfie, #5, scour south London in a pony andcart for scrap

:ne of *ichael$s busiest scrappers is Adam, who turned toscrapping after he found it hard to get a #ob when he got outprison"

;ormer criminal gang member Adam, 5, said/ $It was goingin houses tying people up to ma!e them open their safes ( itwas all stoc!bro!ers, footballers, really wealthy rich people"

$A lot of people got hurt, traumatised by it, things li!e that"$

0entenced to &' years in prison for burglary, theft and

possessing prohibited weapon at #ust &


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He said/ $=o(one wanted to gie me a #ob" This isn$t what Iwanted to do but it$s easy, it$s good money and it$s not reallyagainst the law"$

-randfather and grandson wor4 full'time collecting scrap metal to sell at Sydenham,earning up to ") a day

*etal theft is a problem that grows alongside the price ofmetal, and results in lead being ta!en from churches$ roofs,bron>e statues being stolen, and ital cables stripped fromrailway lines"

:ne of the ?K$s fastest(growing crimes, the problem isbarely addressed in the show, but 0ydenham 0crap *etalhas always refused to buy goods they beliee to be stolen"


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Keen to stay on the right side of the law, Adam concentrateson wor!ing hard to earn as much as he can, getting up earlyto beat competitors to the old printers and radiators he findsleft on the streets oernight"

He said/ $I don$t really !now what a recession is" The mostI$e earned in one day is about %+'' or %


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.achel is the scrapyard boss$ fiancee ' people as4 her if she is a footballer$s wife whenshe$s out in her car

But Adam said he didn$t see scrap metal as a long(termcareer for him, and hoped instead to ma!e enough moneyfrom his $embarrassing$ trade to set up on his own as a cardealer"

He said/ $I don$t want to do this much longer really but I don$twant to go bac! inside and see my son growing up outside"

$I$m doing this for him" I want my son to be driing around ina brand new *2 when he$s &


11/12

streets in a pony and cart, as their ancestors hae done forfie generations"

-harlie estimates he ma!es around %&(&7 a day, or maybe

up to %@ by collecting old washing machines andsaucepans and ta!ing them to the yard"

2ream +ob: For4lift operator 6amie, #, used to come to the yard when he was #) and begfor a +ob

At &6, Alfie left school last year to wor! full(time collectingscrap metal with his grandfather and their piebald pony,-rac!er#ac!"

-harlie said/ $He$s a little bit streetwise so what can you

do9 Loo! at the si>e of him, how can a little teacher tell himwhat to do9

He added/ $It$s in the blood" 8e$re li!e scaengers"$


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-ars are the most pri>ed items to be brought to the yard, asthe men en#oy crushing them, but old tumble(dryers fromlaundrettes are also popular, particularly if they still haecoins in them ( the record is

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MAKE MONEY SCRAPPING.doc