New York's attorney general has reported that scammers have defrauded victims, primarily seniors, of over $100 million in the last two years through a gold bar scheme. The scam begins with fake alerts claiming that a victim's computer or financial account has been compromised, leading them to provide remote access to their devices.
Victims are then instructed to withdraw funds to purchase gold bars or coins, which they are told to hand over to supposed law enforcement agents. This scam has also been reported in other states, highlighting a growing trend in targeting vulnerable populations.
Stay vigilant against gold bar scams targeting seniors. Watch for unusual pop-ups or calls claiming financial threats. Educate loved ones on these tactics, and encourage them to verify any claims with trusted sources. Report suspicious activity to authorities immediately.