The attorney general’s office said victims are then connected to someone posing as a law enforcement officer or government investigator. That person claims the accounts have been compromised and instructs the victim to withdraw savings, buy gold bars or coins from legitimate dealers, and turn them over to supposed authorities for safekeeping. The scammers also tell victims to keep the matter secret and not discuss it with bank employees or family members, according to the alert.
“Targeting older adults with seemingly legitimate claims that their life savings are in immediate danger is flat-out cruel,”James said. “Seniors deserve to live comfortably without fear of losing their hard-earned savings to a manipulative scam. I am urging all New Yorkers to beware of these gold bar scams and report suspicious messages related to this scam to my office.”
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