NYPD Investigates $100 Million Gold Bar Scam Targeting Seniors
The New York City Police Department's Financial Crimes Task Force is investigating a scam targeting seniors, involving fraudulent claims about computer viruses and demands for payment in gold bars. Victims are tricked into believing their computers are infected and are coerced into granting remote access to scammers, who then impersonate officials from the U.S. Treasury Department or police. This scam has resulted in losses exceeding $100 million, with individual cases involving millions of dollars. The NYPD, along with Homeland Security, the IRS, and other state police, has been investigating since May 2024. They have recovered some gold bars and aim to use the proceeds for victim restitution.