Two Seniors Swindled Out Of $400k In Gold

[DrQ]

Two Seniors Swindled Out Of $400k In Gold​

Cops: Heartbreaking scam targeting Florida elderly​

Two Seniors Swindled Out Of $400k In Gold

JUNE 23--In an audacious and heartbreaking scheme, a pair of elderly Floridians were swindled out of $400,000 in gold bars by a phone fraudster who claimed that the victims were facing arrest due to

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[ScoopKona]

Based on what seniors think gold is actually worth, it's more likely they were swindled out of a few hundred bucks worth. "We're billionaires -- if gold hits our target!"

 

[T_R_Oglodyte]

Smart crooks. More profitable than swindling people using timeshare cancellation scams.

 

[DrQ]

Based on what seniors think gold is actually worth, it's more likely they were swindled out of a few hundred bucks worth. "We're billionaires -- if gold hits our target!"

Uhh ... RTFM -

“Alba” said he could keep the man out of jail, but the victim would first have to obtain a $154,000 cashier’s check and then use the funds to purchase two gold bars (each of which weighed a kilo and cost in excess of $75,000.)​

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A police examination of Patel’s phone revealed that he was allegedly involved in scamming another Floridian out of “cash and a large amount of gold ($242,000 worth).” That swindle, in neighboring St. Lucie County, is expected to result in additional charges against Patel.​

There is no "perceived" value here. It's just money laundering.

 

[beejaybee]

Looking forward to seeing the movie Thelma, starring 92-year-old June Squibb about how a senior citizen gets back at scammers. Co-stars Richard Roundtree who has sadly passed.

 

[TheHappyWanderer]

If you have seen the movie "The Beekeeper", I really like his idea of punishment for those who scam the elderly.