New York authorities warn about gold bar scam targeting seniors
New York authorities have warned about a gold bar scam targeting seniors, where scammers convince victims to buy gold bars to protect their money after claiming their bank accounts have been compromised. The scheme has reportedly made off with over $100m in the past two years, with victims in other states also reporting similar incidents. The state's attorney general is urging people to beware of these scams and report suspicious messages to her office.
- ▪The gold bar scam has made off with over $100m in the past two years, primarily targeting seniors in New York.
- ▪The scheme involves convincing victims to buy gold bars or coins after claiming their bank accounts have been compromised.
- ▪Victims in other states, including Hawaii, Maine, Washington DC, and Wisconsin, have also reported similar incidents.
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| Original publisher | World news | The Guardian |
| Canonical URL | https://www.theguardian.com/us-news/2026/aug/08/new-york-gold-bar-scam-seniors |
| Publication time | Sat, 08 Aug 2026 14:20:19 GMT |
| Retrieval time | 2026-08-08T14:25:41.764Z |
| Last seen | 2026-08-08T14:25:41.764Z |
| Headline source | Publisher (no WeSearch rewrite) |
| Excerpt source | publisher body |
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| Summary | WeSearch · cerebras-chat (WeSearch summarizer) |
| Summary source text | contentText |
| Citation coverage | Summary is a WeSearch-generated derivative; primary citation is the original publisher URL. |
| Cluster | SbFRRLnyiqNf · 1 stories |
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| Publisher visit | Yes — open original |
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The scheme reportedly involves convincing victims their bank accounts have been compromised and to protect their money they must buy gold bars. Photograph: David Gray/AFP/Getty ImagesView image in fullscreenThe scheme reportedly involves convincing victims their bank accounts have been compromised and to protect their money they must buy gold bars. Photograph: David Gray/AFP/Getty ImagesNew YorkNew York authorities warn about gold bar scam targeting seniorsState’s attorney general says scammers have made off with more than $100m in past two yearsEric BergerSat 8 Aug 2026 10.20 EDTLast modified on Sat 8 Aug 2026 10.21 EDTSharePrefer the Guardian on GoogleScammers in New York have been using gold bars to steal money from victims, primarily seniors, and made off with more than $100m over the…
Excerpt limited to ~120 words for fair-use compliance. The full article is at World news | The Guardian.
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