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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.
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Stuttgart Daily Leader broke the news in on Thursday, July 17, 2025.
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