New York warns seniors about gold-bar scam that has swindled over $100 million

1 min read
Source: The Guardian
New York warns seniors about gold-bar scam that has swindled over $100 million
Photo: The Guardian
TL;DR Summary

New York Attorney General Letitia James warned of a nationwide scam in which criminals use fake pop-ups and impersonate law enforcement to coerce older adults into withdrawing funds and delivering gold bars; victims are told to hand over cash and not discuss the breach. The scheme, which has led to losses of more than $100 million in New York over two years and has appeared in other states, relies on urgency and secrecy. The public is urged not to give remote access, not to call numbers from messages, to contact their banks, and to report suspicious activity to authorities.

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