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A Significant National Problem Exposed: Gold Bar Scam Targets Elderly Victims
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A Significant National Problem Exposed: Gold Bar Scam Targets Elderly Victims
An elderly man in Arizona was targeted in a “Gold Bar” government impersonation scam, where a fraudster posing as a U.S. Marshal convinced him to hand over $100,000 in gold coins and attempt to withdraw $180,000 more. These scams, which have caused over $186 million in losses since 2023, typically begin with a call claiming a victim’s identity or finances are at risk and pressure them to convert savings into gold or silver for “protection.” Scam…
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