Gold Scam Targets Seniors

Scammers posing as federal agents have persuaded seniors in Wyoming and Wisconsin to convert savings into gold bars for courier pickup, in some cases involving losses of more than $100,000. Authorities arrested Jithin Sunny in Wyoming and Dhavalkumar Dashrathgiri Bava in Wisconsin in connection with the schemes. A former Secret Service agent said organized criminal groups build victims’ trust by impersonating government agencies or banks before demanding money.

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