Scam involving fake Federal Reserve agents and gold bars has led to arrest in Lancaster County
LANCASTER COUNTY, JUL 17 – John Wren faces charges after impersonating Federal Reserve agents to steal over $500,000 in gold bars in a scam uncovered by investigators using cellphone data.
- A scam involving impersonation of government officials and urging victims to buy gold bars began on the afternoon of June 19, 2025.
- The scam started with callers claiming to be from financial firms and alleging the victim's identity was compromised, pressuring immediate action to protect money.
- Victims were instructed to withdraw large amounts or buy gold bars and hand them to couriers, which police identified as a tactic used by fraudsters traveling regionally in rental vehicles.
- At least 80 cases were reported in June 2025, with losses exceeding $6.7 million, and the Federal Trade Commission warned that no government agency will ask to buy or deliver gold bars.
- The scam resulted in several arrests, including a Brooklyn man detained in Lancaster County for allegedly theft of gold bars valued at over half a million dollars, underscoring the persistent threats and importance of public awareness.
12 Articles
12 Articles

Oregon Woman Scammed Out of $600K in Gold Bars – ODOJ Urges Vigilance as Gold Bar Scam Spreads Nationwide
The Oregon Department of Justice (ODOJ) is warning Oregonians about a fast-growing and deeply concerning scam after an Eastern Oregon woman was defrauded out of $600,000—nearly her entire life savings.
Scam involving fake Federal Reserve agents and gold bars has led to arrest in Lancaster County
The scammers posed as agents of the Federal Reserve and told a woman that to protect her money and bank accounts accessed through the computer, she should purchase gold bars.
FTC scam alert: See new way imposters trying to gain your trust, money
WASHINGTON D.C. — Federal officials are warning the public about a growing scam in which imposters posing as law enforcement or government agents urge people to purchase gold bars and physically hand them over to someone else under the guise of “protecting their money.”
Coverage Details
Bias Distribution
- 60% of the sources are Center
To view factuality data please Upgrade to Premium