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Gold scammers

Warning

The scammers are working hard hitting coin and bullion shops.

This is what they do.

They come into your shop usually two or more people together they want to buy gold and silver.

You get it out and they tell you they want to take it with them today. They ask you to put the gold and silver in a box. You put it all in a box and somehow they magically get you to seal the box with tape. They say they have to go get the money, so you hold the box and when they leave they don’t come back. You later open the box and the gold is gone. This happened in Riverside, CA on about 8/1/24 and again on 8/21/24

This silver is used so that you won’t realize the gold is not in the box. (because of the weight)

This scam has been working across the USA for years.

Pay attention don’t get ripped off.

Randy

Randy Conway

Www.killermarbles.com

Www.suncitycoin.com

Comments

  • mr1931Smr1931S Posts: 6,235 ✭✭✭✭✭

    What shop owner goes for "we'll be back later to pay"? :s I would say to these people, "go get the money first and then I'll put your purchases in a box for you to take out of the store after you all pay me."

    Great spirits have always encountered violent opposition from mediocre minds.-Albert Einstein

  • bsshog40bsshog40 Posts: 3,900 ✭✭✭✭✭

    Ya, old motto "every buyers a liar". Cash now, take now. Ain't no coming coming back later.

  • SmudgeSmudge Posts: 9,502 ✭✭✭✭✭

    How do they do this?

  • DocBenjaminDocBenjamin Posts: 1,285 ✭✭✭✭✭

    @bsshog40 said:
    Ya, old motto "every buyers a liar". Cash now, take now. Ain't no coming coming back later.

    Not even sure that the cash can be trusted.

  • Manifest_DestinyManifest_Destiny Posts: 6,896 ✭✭✭✭✭

    @Smudge said:
    How do they do this?

  • TopdollarpaidTopdollarpaid Posts: 599 ✭✭✭
    edited August 21, 2024 9:13PM

    For the record
    I did not post this for the naysayers.

    I posted it so the shop owners would be aware. If you own a shop that sells gold these guys are coming so just remember when they ask you to put it in a box something is wrong.

    I don’t know why dealers fall for it but many of them do and these crooks are cleaning up.

    Randy Conway
    Sun City Coin
    Sun City, Ca

    Randy Conway

    Www.killermarbles.com

    Www.suncitycoin.com
  • mr1931Smr1931S Posts: 6,235 ✭✭✭✭✭

    @Manifest_Destiny said:

    @Smudge said:
    How do they do this?

    The hand is quicker than the eye.

    Great spirits have always encountered violent opposition from mediocre minds.-Albert Einstein

  • Namvet69Namvet69 Posts: 8,951 ✭✭✭✭✭

    @RiveraFamilyCollect said:

    @Smudge said:
    How do they do this?

    Slight of hand and misdirection.

    Plus, well scripted distracting conversation. Don't deviate from your transaction protocols.

    BST: endeavor1967, synchr, kliao, Outhaul, Donttellthewife, U1Chicago, ajaan, mCarney1173, SurfinHi, MWallace, Sandman70gt, mustanggt, Pittstate03, Lazybones, Walkerguy21D, coinandcurrency242 , thebigeng, Collectorcoins, JimTyler, USMarine6, Elkevvo, Coll3ctor, Yorkshireman, CUKevin, ranshdow, CoinHunter4, bennybravo, Centsearcher, braddick, Windycity, ZoidMeister, mirabela, JJM, RichURich, Bullsitter, jmski52, LukeMarshall, coinsarefun, MichaelDixon, NickPatton, ProfLiz, Twobitcollector,Jesbroken oih82w8

  • ldhairldhair Posts: 7,232 ✭✭✭✭✭

    If I were a dealer, I would only show one or two items at a time and keep the box or tray out of reach of the customer. This will also limit the loss of a grab and run.
    The bad guys study the habits of dealers. They can spot an easy target.

    Larry

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