Fake federal agents push seniors to turn savings into gold bars for couriers to collect

Federal Trade Commission officials reported a scam targeting seniors in which fraudsters impersonating FTC agents pressured retirees to purchase gold bars and transfer them to couriers who used coded passwords at restaurants. The scammers falsely claimed to be from the FTC and used the scheme to obtain gold bars worth thousands of dollars from victims. The FTC did not announce arrests or charges related to the scheme.

• Fox News — Fake federal agents push seniors to turn savings into gold bars for couriers to collect

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