Scammers in New York have been using gold bars to steal money from victims, primarily seniors, and made off with more than $100m over the past two years, according to the state's attorney general. The scheme starts with a fake pop-up message claiming the victim's computer or financial account has been compromised, and victims are then convinced to provide remote access to their computers. They are then directed to someone posing as law enforcement who tells them to withdraw their money and purchase gold bars, which are then collected by scammers.
New York Authorities Warn of Gold Bar Scam Targeting Seniors
UKPulse News DeskScammers in New York have made off with over $100m from seniors over the past two years, using a gold bar scam.
- Scammers in New York have made off with over $100m from seniors over the past two years.
- The scam starts with a fake pop-up message claiming the victim's computer or financial account has been compromised.
- Victims are told to withdraw their money and purchase gold bars, which are then collected by scammers.
Why this matters: Seniors are being targeted with a manipulative scam that can result in the loss of their hard-earned savings.
What this means for you: Be cautious of fake pop-up messages claiming your computer or financial account has been compromised, and do not provide remote access to your computer or withdraw money at the urging of someone over the phone.