Scammers Target Seniors, Steal $100M+ Through Gold Bar Scheme
Investigators say the fraud has affected hundreds of people and can drain life savings after scammers gain remote access to computers.
8 Articles
8 Articles
Cyber thieves rip off New York seniors for millions in gold bar scam
The NYPD is warning New Yorkers about a sophisticated group of scammers targeting seniors with a gold bar scam that has already netted them more than $100 million in stolen proceeds. Sergeant Rashawn Vaughn and Detective Emilio Gomez from the Financial Crimes Task Force say they have been investigating the scam since mid-2024, and has...
The FBI director revealed the method used by the CJNG to swindle older adults in the United States from Mexico.
The New York City Police Department's (NYPD) Financial Crimes Task Force has issued an urgent warning that a cunning online fraud ring is targeting senior citizens, tricking them into exchanging their life savings for physical gold bars and handing them over in person. In New York City alone, the fraud ring has absconded with up to $100 million, affecting hundreds of victims.
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