New York authorities warn about gold bar scam targeting seniors

New York authorities have issued a warning about a scam targeting seniors, where scammers use gold bars to steal money from victims. In this scheme, scammers typically offer to buy gold bars from seniors at an inflated price, convincing them to part with their valuables. The warning highlights the significant financial loss suffered by seniors, with over $100 million stolen in the past two years. This scam highlights the need for seniors to be cautious when dealing with strangers and to verify the authenticity of any gold-buying offers.

Read the source report: The Guardian