Another gold-related scam
logger7
Posts: 9,065 ✭✭✭✭✭
Investigating Agency: Multnomah County, OR Sheriff's Dept.
Offense: Fraud/Theft
Location: Portland, OR
Date of Offense: 6/2025
Detectives with the Multnomah County Sheriff's office is requesting assistance in an on-going investigation involving a gold scam resulting in the loss of over $250,000. The elderly female victim was contacted by a male impersonating themselves as a representative of the Social Security Department. He had her full SSN, along with other personal information about her. He used the name and title of an actual Social Security Department employee, and convinced her that her SSN and identity was used in a drug trafficking and money laundering scheme. He convinced her to sign a bogus NDA, which caused her to not mention the situation to anyone for over a month. He convinced her to liquidate assets and turn it into precious metals to be “kept safe” at Fort Knox.
About a month went by and she liquidated roughly $250,000 out of her 401k, and purchased gold. The person then sent a courier to her house to pick up the gold from her.
When they attempted to get her to purchase more gold, red flags were raised and family members got involved. The Sheriff's Dept. was contacted and Case #27564 was opened. The gold purchased included gold coins and bars. Detectives were able to identify two Rand Refinery bars with serial #RR750791 and RR750792.
Anyone with information contact:
Det. Fiebich
gery.fiebich@mcso.us
or
Doug Davis
817-723-7231
Doug@numismaticcrimes.org