
A growing financial scam: Criminals are convincing victims to withdraw money from bank accounts, purchase gold bars or coins, and hand them over to couriers who promise to keep the assets safe.
Impersonating trusted authorities: Scammers often pose as FBI agents, Federal Trade Commission (FTC) officials, bank fraud investigators, or other authorities, claiming victims' accounts are at risk.
Once the gold is gone, recovery is difficult: Authorities warn that legitimate government agencies and financial institutions will never instruct consumers to buy gold and give it to a courier for safekeeping.
This scam has been around for several months, but its still victimizing the public so its important to spread the word. Criminals continue to tell victims their savings are at risk and the best way to protect their money is to buy gold and hand it over to a stranger for safekeeping.
The scheme, sometimes called a gold courier scam, relies on fear, deception, and the appearance of official authority. Victims may believe they are cooperating with a government investigation or protecting their retirement savings from criminals.
Author: Mark Huffman
Source: Consumer Affairs
Posted: 2026-11-11 13:55:32













