A 71-year-old woman fell victim to a sophisticated scam, losing $125,000 after being deceived by people posing as federal agents investigating Amazon fraud. https://t.co/F9vk5T2BJ5
ICYMI, scams are on the rise, with one recent, VERY CONVINCING scam nearly costing a Ponte Vedra law firm $150,000. Read more about the fraud attempt in the Bar News so you know what to look out for if you ever become a target. https://t.co/oSb2lx1m3r
The price of gold is forecast to rise above $3,100 per troy ounce in the coming months, and scammers are capitalizing on the interest to con people out of their money https://t.co/BfdvOCqr7L
Scammers are targeting seniors by exploiting the rising price of gold, which is forecast to exceed $3,100 per troy ounce in the coming months. Fraudsters are convincing victims to convert cash into gold and hand it over under the pretense of safekeeping. In one case, a 71-year-old woman in Sequim, Washington, was deceived by individuals posing as federal agents investigating Amazon fraud, resulting in a loss of $125,000. The scam involved instructing the victim to deliver funds in a lockbox. A March 12 sting operation led to the arrest of a Ukrainian suspect with assistance from the Olympic Peninsula Narcotics Enforcement Team. Scammers are also leveraging sophisticated methods, such as email account compromises and unauthorized wire confirmations, to target organizations. A recent attempt nearly cost a Ponte Vedra law firm $150,000, but swift action, including identifying email redirection rules and freezing transactions, prevented financial loss.