NYPD seeks suspect in $9M Upper West Side gold bar theft

A 67-year-old man was defrauded of $9 million in gold bars on the Upper West Side after a fake security alert convinced him his assets were compromised. Police are seeking the suspect who took the bars during a face-to-face meeting in April 2025.
Key points
- A 67-year-old victim was targeted by a scammer claiming to work for a security company.
- The scammer convinced the victim that his financial assets were compromised and needed to be secured.
- The victim purchased gold bars totaling $9 million, each roughly the size of a chocolate bar.
- The victim handed the gold bars to an unidentified man near West 81st Street and Broadway on April 16, 2025.
- The suspect fled on foot after receiving the gold bars, and no one was physically hurt.
- The NYPD is asking the public for help identifying the suspect through Crime Stoppers.
Background
This incident is unrelated to recent Upper West Side developments, such as the opening of the NYU Langone imaging center on 1980 Broadway or the Bloomberg-Taylor wedding on the Upper East Side. It also does not connect to the ongoing debate over the NYC Marathon or the record-breaking $80 million listing for the Mack mansion on the Upper East Side.
How outlets are covering it
The New York Times and iLovetheUpperWestSide.com agree on the core facts: the victim was a 67-year-old man, the amount was $9 million, and the meeting took place near 81st Street and Broadway. The Times emphasizes the initial contact in April 2025, while iLovetheUpperWestSide.com provides the specific date of the handover (April 16, 2025) and notes the three-week gap between the initial alert and the meeting. Both sources confirm the suspect fled on foot and that the NYPD is seeking public assistance.
Why it matters
This case highlights the severe financial risks posed by sophisticated scams that exploit fear and urgency. The loss of $9 million in physical gold bars underscores the potential for massive personal losses when victims are manipulated into transferring assets under the guise of security measures.
What to watch
The NYPD is actively seeking information from the public to identify the suspect. Residents are encouraged to contact Crime Stoppers with any relevant details. The case remains open, and the suspect has not been identified or apprehended.
- This Man Stole $9 Million in Gold Bars on the Upper West Side, Police Say The New York Times
- Upper West Sider Swindled Out of $9 Million in Gold Bars: Police West Side Rag
- Suspect steals $9M in gold bars in scam targeting Upper West Side man: NYPD Audacy
- NYC man loses $9M in gold bar scam; NYPD releases photos of suspect SILive.com
- A Warning on a Computer Screen Set Off a Staggering Multimillion-Dollar Theft on the Upper West Side iLovetheUpperWestSide.com
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Read on The New York Times