Fraud Ring Allegedly Drains $55,000,000 From Seniors in Nationwide ‘Gold Bar Scam’ – Why Authorities Are Raiding Jewelry Stores in Texas

Authorities in Texas say they’ve uncovered a nationwide scam that’s drained $55 million from hundreds of elderly victims. Federal, state and local officers just raided two jewelry stores in Irving and Frisco in connection with the so-called “gold bar scam.” The businesses are accused of working with scammers who threatened elderly people with false claims […] The post Fraud Ring Allegedly Drains $55,000,000 From Seniors in Nationwide ‘Gold Bar Scam’ – Why Authorities Are Raiding Jewelry Stores in Texas appeared first on The Daily Hodl.