The FBI is warning people about scammers getting people more elderly into buying gold bars.
According to the FBI the scammers will present themselves as government officials or financial/ tech experts and claim that victims’ accounts were hacked or they’re at high risk of being hacked.
Victims then are told to liquidate their assets into cash or use it to buy silver gold or other precious metals to protect their accounts and instruct victims to wire the money to some and then they’ll directly receive the metals.
In 2023 there was complaints from victims of gold bar scams totaling $55 million in losses.
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