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10.11.26 - 00:42
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Old People Are Falling For Gold Scams Like Crazy (ZeroHedge)
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Old People Are Falling For Gold Scams Like Crazy
Across the country, older Americans are draining their savings into gold bars and handing them to strangers. It usually starts with a pop-up, an email or a phone call warning that a bank account has been hacked or an identity stolen. A "fraud investigator" or "federal agent" then offers the fix: liquidate everything, buy gold to keep it safe, and give it to a courier who shows up with a password.
78-year-old Washington woman 'Shane' was scammed out of $3 million this year
The callers usually work out of call centers overseas, while the couriers who make the pickups often travel in from out of state, some of them barely out of their teens. Police and federal prosecutors from Washington to Florida have been chasing the scheme in recent months, and single victims are losing millions.A 78-year-old Washington woman says she handed roughly $3 million to scammers this year - amounting to about 95% of everything she owned - after a fraudulent pop-up o...
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