Episode Details
Back to Episodes
Scammers Target Seniors with Gold Scheme | New York City News
Description
Suffolk County authorities are warning seniors about a deadly gold-buying scam where fraudsters pose as bank officials or tech support, using fake pop-up alerts and spoofed government numbers to pressure victims into liquidating assets and buying gold—often for hundreds of thousands. One woman nearly lost $140,000. Gold dealers are spotting the pattern, and new safeguards are being proposed, including a 48-hour hold on first-time bullion purchases. Police urge immediate action: if someone pressures you to convert savings into gold, hang up and call authorities. Arrests are expected soon—stay vigilant, and never rush into financial decisions under threat.
Listen in comfort:
Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn.
Advertise on DNN:
advertise@thednn.ai
This is an automated, high-level news summary based on public reporting.
Report issues to feedback@thednn.ai.
View sources & latest updates:
https://sources.thednn.ai/33721bbc6c4a134b