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.