Authorities have arrested a man for allegedly convincing a woman to give him almost $800,000 in gold bars in a cash-to-gold scam targeting residents of a Montgomery County senior community, with victims losing millions. This incident is part of a larger trend of scams that have seen victims lose significant sums of money through fraudulent online investment schemes, grandparent scams, SIM card swap scams, and scam NFTs. Police and various news outlets have issued warnings, highlighting the importance of awareness and the ability to spot the telltale signs of such scams. Victims across different regions, including a Toronto-area couple who lost more than $140,000 and a Bay Area grandmother who lost $20,000, underscore the widespread impact of these fraudulent activities, with total losses exceeding $166,000.
Canadian Couple Loses Over $166,000 in SIM Swap #Scam | How to Protect Yourself https://t.co/4mAxVZyzHD
A finance columnist made headlines when scammers tricked her into handing $50,000 cash to a man she didn't know. Now, a nearly identical scam has struck in the Bay Area: a grandmother realized too late she'd willingly handed $20,000 cash to a stranger. https://t.co/5ObelcBzu2 https://t.co/McxfPI2UHl
SIM swap scam leads Freedom customer to lose more than $140,000 https://t.co/lw4ROVgNtg https://t.co/Mwc80u6Y0A
Scammers gained access to a Toronto couple's bank accounts through a ploy called the SIM swap. The pair lost more than $100,000 as a result. READ MORE: https://t.co/I5bq6l8fRL https://t.co/I5bq6l8fRL
Scam NFTs are a popular tool for malicious actors looking to take advantage of people - and they can be very easy to fall for. Let's look into how scam NFTs work, and how to deal with them: https://t.co/5GWZbnxORT https://t.co/NdPhThItJu
‘A nightmare’: SIM card swap scam hits Toronto-area couple for more than $140,000 Read more: https://t.co/Pnf03sQc5t
'Gold bar scam': Authorities warn of new con costing elderly victims millions https://t.co/feBz0oJeu3
Regina police send warning on ‘grandparent scams’ after multiple calls https://t.co/focewL6iCH https://t.co/Naq32iy2Yl
Cash-to-gold Scam: A scammer preyed on residents of a Montgomery County senior community and stole almost $800,00 from one victim, police say. https://t.co/GGkOMGbh08
𝕊𝕔𝕒𝕞 𝕒𝕨𝕒𝕣𝕖𝕟𝕖𝕤𝕤 𝕡𝕠𝕤𝕥 𝟙 Since scams have multiplied in the last month or so, I will start posting a series of tweets that will describe some common scams and hopefully help you stay out of danger. I've been receiving DMs from a lot of drained people lately.… https://t.co/6ogzKNKah6
Thousands have lost huge sums after being lured into fraudulent online investment schemes by seemingly attractive strangers who strike up online conversations with them. Here’s a guide to spotting the telltale signs. https://t.co/XrtHM3y1Vu
Authorities arrested a man for allegedly convincing a woman to give him almost $800,000 in gold bars. https://t.co/RuiKE6C9KC