Close Menu
Invest Intellect
    Facebook X (Twitter) Instagram
    Invest Intellect
    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Commodities
    • Cryptocurrency
    • Fintech
    • Investments
    • Precious Metal
    • Property
    • Stock Market
    Invest Intellect
    Home»Precious Metal»Gold bar scammers swindle Montgomery Co. senior out of almost $1M – NBC4 Washington
    Precious Metal

    Gold bar scammers swindle Montgomery Co. senior out of almost $1M – NBC4 Washington

    July 17, 20242 Mins Read


    Just one little computer click led to a senior in Montgomery County, Maryland, losing almost $1 million.

    The victim, an 82-year-old retiree, drained her life savings and converted $900,00 into gold bars after being fooled by people posing as federal agents, the Montgomery County state’s attorney told News4.

    The scammers pounced after the victim clicked on a pop-up ad.

    “When she clicked on the pop-up ad, they let her know that she had been compromised and that Russian spyware was being used against her and that if she did not cooperate with them and buy a product from them that cost $46,000, they could basically take everything,” John McCarthy said.

    The victim converted her funds into gold bars at the direction of scammers and handed them over to a courier.

    She was about to hand over more gold bars, worth more than $2 million, but she learned she was dealing with criminals, not federal agents who were trying to help her.

    Suspect Zhenyong Weng, 19, of Brooklyn, New York, was arrested after he showed up in Silver Spring to collect what scammers believed was a box full of gold, McCarthy said. The box actually was handed off by a Montgomery County detective posing as the victim.

    The suspect had an initial court appearance and was held without bond.

    Gold bar scammers have repeatedly targeted Montgomery County seniors. News4 reported in March that one victim lost $800,000. In May, another victim lost about $230,000.

    Real government officials will never ask you to turn your hard-earned cash into gold, McCarthy reminded residents.

    “The federal government and federal agents are not gonna call you, tell you that your life savings is in jeopardy and coach you into buying gold bars and then asking you to deliver them to them,” he said.

    News4 sends breaking news stories by email. Go here to sign up to get breaking news alerts in your inbox.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Gold Trades Near Record High as Fed Expected to Cut Rates

    Precious Metal

    Penn State wrestling: Levi Haines goes for gold at Senior World Wrestling Championships

    Precious Metal

    Patrick Dorgu offers silver lining for Man United in 3-0 derby loss to Man City

    Precious Metal

    Tokyo 2025: Seville wins gold, Thompson second in 100m final

    Precious Metal

    Delhi truck driver claims robbery of 6,000 kg copper scrap after being sedated, probe reveals he was part of plot | Delhi News

    Precious Metal

    James St man who lost three buildings to fire blames burning of copper wire

    Precious Metal
    Leave A Reply Cancel Reply

    Top Picks
    Precious Metal

    The US-backed railway sparking a battle for African copper

    Cryptocurrency

    Ripple Hit With $125 Million Penalty, Fraction of SEC Claim

    Fintech

    RBI Approves FACE as SRO-FT to Strengthen Fintech Regulation

    Editors Picks

    Hilton Foods signe une coentreprise à long terme avec la National Agricultural Development Company -Le 06 mars 2025 à 08:00

    March 5, 2025

    La fintech brésilienne XP poursuit le vendeur à découvert Grizzly Research à New York pour diffamation

    July 7, 2025

    Action SFC Energy AG | Cours F3C Bourse Xetra

    April 16, 2025

    Annebel Oosthuizen nommée à la tête de la plus grande mine de cuivre d’Afrique

    February 25, 2025
    What's Hot

    Evergrande Property Services Group affiche un revenu net de 1 032 millions de RMB pour l’année fiscale

    March 31, 2025

    Why Sydney’s Property Market is One to Watch

    February 12, 2025

    Discover 3 Coins with Unbelievable Potential

    August 23, 2024
    Our Picks

    la culture metal sera à l’honneur grâce à cette exposition inédite

    July 1, 2025

    Silver Lake conclura la transaction Endeavor le 24 mars au prix de 27,50 dollars

    March 3, 2025

    How Virtual Gaming Is Transforming Lake Tahoe Businesses

    April 25, 2025
    Weekly Top

    Trump says he does not want to ‘frighten off’ or ‘disincentivize’ foreign investments

    September 14, 2025

    The hidden infrastructure powering Africa’s fintech revolution | The Guardian Nigeria News

    September 14, 2025

    Penn State wrestling: Levi Haines goes for gold at Senior World Wrestling Championships

    September 14, 2025
    Editor's Pick

    Morgan Stanley Chair James Gorman Once Said Bitcoin’s Role In Wealthy People’s Financial Fabric Would Be Very Small: The Investment Bank Is Now On A Roll Recommending King Crypto To Clients – Morgan Stanley (NYSE:MS)

    October 16, 2024

    le noyau de notre planète suinte de l’or, et les géologues exultent

    May 26, 2025

    Stone Brewing Founder Debuts Graphic Novel Heavy Metal Album

    July 19, 2024
    © 2025 Invest Intellect
    • Contact us
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.