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    Home » Scammers target seniors, steal $100M through gold bar scheme
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    Scammers target seniors, steal $100M through gold bar scheme

    FreshUsNewsBy FreshUsNewsAugust 6, 2026No Comments2 Mins Read
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    NEW YORK — New York Metropolis Police Division’s Monetary Crimes Job Pressure is warning seniors a few rip-off involving gold bars that they are at present investigating.

    It includes a pc pop-up claiming to be from Microsoft saying that their laptop is contaminated with a virus and they should name a quantity to get it unlocked.

    After calling, victims unwittingly give scammers entry to their laptop and financial institution accounts, prompting extra faux calls from scammers pretending to be from the U.S. Treasury Division or police themselves, requesting cost within the type of gold bars to guard their cash.

    “On this course of, the victims get coerced to supply distant entry to the computer systems, permitting these perpetrators to achieve management,” mentioned Detective Emilio Gomez, NYPD Monetary Crimes Job Pressure, Cybersquad. “After I’m in management, it signifies that they’ve entry to your webcam, your printer, your audio and your laptop.”

    NYPD mentioned it has been investigating the case since Might 2024, together with Homeland Safety, the IRS and police from different states, as it is a nationwide problem, not simply focusing on New York.

    Oftentimes, a courier will present as much as a sufferer’s house to gather the gold bars, whereas each events discuss on the telephone to a scammer – normally somebody primarily based in Asia – pretending to be primarily based on U.S. soil.

    The callers give a code identify or quantity, additional convincing some victims that the gold bar handoff is reliable.

    “We would like as many victims to come back ahead as doable so we might attempt to remove this this drawback throughout the US, not solely together with New York Metropolis,” mentioned Sgt. Rashawn Vaughn with the NYPD Monetary Crimes Job Pressure. “The amount of cash they’re getting from a few of these victims may be very, very staggering, $9 million on one shot, $5.8 million in one other case.”

    Police have recovered some gold bars throughout search warrant busts and are hoping to make use of the cash from them to pay percentages of restitution to New York victims.

    To this point, they imagine there are a whole bunch of victims, with losses exceeding $100 million.

    Specialists say should you obtain calls or laptop messages like this, grasp up, log out and do not have interaction.



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