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Man who stole 2 gold bars from Colorado woman in malware scam sentenced to 6 years in prison

Summary by KRDO

DOUGLAS COUNTY, Colo. (KRDO) - On Friday, a Colorado judge sentenced Sagar Patel, 27, to six years in prison for stealing two gold bars weighing a kilogram (2.2lbs) each. Patel now faces possible deportation to India as ICE placed a detainer on him. Our Denver Newspartners, 9News, report the victim was a 79-year-old woman who after clicking on malware was convicned by a man to buy two gold bars valued at $120,000. After the bars were delivered t…

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The US Sun

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Elderly man instantly loses $170k in 'evil' gold bar scheme

Getty AN elderly Portland man has fallen victim to a sophisticated gold bar scam, losing $170,000 in what experts are calling a growing trend. The scheme, which has been described as ‘evil’ by law enforcement officials, mirrors a similar fraud case in Clark County, where a victim was swindled out of $500,000 over several months. It started with a phone callgetty Officials have warned this crime is on the riseWFLA According to a local precious me…

25 days ago

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9NEWS Denver

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Man sentenced after Highlands Ranch woman scammed out of $120,000 in gold bars

Investigators said a woman was scammed out of $120,000 in gold bars after a popup appeared on her computer warning her about a supposed virus.

25 days ago·Denver, United States

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KRDO

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Man who stole 2 gold bars from Colorado woman in malware scam sentenced to 6 years in prison

25 days ago·Colorado Springs, United States

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Denver Post

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Man gets six years for scamming Highlands Ranch woman out of life savings

An Indian immigrant was sentenced to six years in prison Friday for conning a Highlands Ranch woman into buying and handing over gold bars worth more than $126,000 — her life savings, police and prosecutors say. Sagar Patel, 27, pleaded guilty to theft of $20,000 to $100,000 in January, according to court records. Two other theft charges were dismissed. Patel claimed to be a federal agent when contacted by his 80-year-old victim, who called a ph…

25 days ago·Denver, United States

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komando.com

Gold grifters: The people behind a massive new scam operation

Yash Shah never thought he’d end up in jail. By his own account, he was just a “normal person” trying to make ends meet. Pick up a package, drop it off. Easy money. But that “easy money” landed him in a detention center, facing charges for his alleged role in one of the fastest-growing criminal operations in America, which racked up $126 million in losses last year alone. I’m talking about gold bar scams. How it works Like most high-dollar frau…

25 days ago

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KMGH

Man sentenced to 6 years in prison for gold bar scam that targeted Highlands Ranch woman

DOUGLAS COUNTY, Colo. A man has been sentenced to six years in prison for stealing more than $126,000 from a Highlands Ranch woman through a scam that convinced her to purchase gold bars.Investigators say the scam began in July 2023 when Charlotte Noble, 80, received a pop-up message on her computer warning her of a virus.After calling the phone number provided, she spoke with a man claiming to be a federal agent. The man told her that her bank …

26 days ago

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