Federal and State Authorities Raid Jewelry Stores in Multi-State $50 Million Gold Bar Scam

Collin County Sheriff's Office executes search warrants in gold fraud investigation

MCKINNEY, Texas — The Collin County Sheriff’s Office is executing additional search warrants in an ongoing investigation into an organized gold fraud scheme, known as the "gold bar scam."

Federal and state authorities raid jewelry stores in multi-state $50 million gold bar scam

Authorities say Malani Jewelers and other stores laundered millions in stolen gold by melting it into jewelry, as part of a scam targeting seniors across Texas, Georgia, and Florida.

Collin County Investigators Expand 'Gold Bar Scam' Probe With Multi-State Search Warrants

COLLIN COUNTY, Texas — The Collin County Sheriff’s Office executed additional search warrants Wednesday as part of an ongoing

'Gold bar scam' | Businesses raided in multiple states for alleged money laundering scheme aimed at scamming seniors, officials say

Search warrants were executed across multiple states in a "gold bar scam" investigation targeting businesses linked to defrauding seniors through money laundering.