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  2. This Queens woman got swindled out of $700K in life savings ...

    www.aol.com/finance/queens-woman-got-swindled...

    A new gold bar scam is fleecing unsuspecting victims across the U.S. out of hundreds of thousands of dollars. ... the fake agent told her to go to a specific store in Jackson Heights and buy gold ...

  3. Precious metal rewards and risks retirees should know - AOL

    www.aol.com/precious-metal-rewards-risks...

    Buying gold or silver can be smart in retirement, but this plan has some drawbacks, too. ... "Gold isn't a growth asset like stocks or real estate," Argyle says. "It doesn't generate earnings, pay ...

  4. A Washington senior lost her life savings of $624K in a gold ...

    www.aol.com/finance/washington-senior-lost-her...

    A con artist swindled a senior in Lynwood, Washington, out of $624,000 in life savings in a gold bar scam investigators suspect could be part of a larger ring.

  5. Gold as an investment - Wikipedia

    en.wikipedia.org/wiki/Gold_as_an_investment

    Gold dust sellers – This scam persuades an investor to purchase a trial quantity of real gold, then eventually delivers brass filings or similar. [citation needed] Counterfeit gold coins. [34] Shares in fraudulent mining companies with no gold reserves, or potential of finding gold. For example, the Bre-X scandal in 1997. [67]

  6. Gold laundering - Wikipedia

    en.wikipedia.org/wiki/Gold_laundering

    Gold laundering is the process whereby illegally obtained gold is melted and recast into another form. The recasting is performed to obscure or conceal the true origin of the gold. The recast gold is then sold, thus laundering it into cash. It may also refer to a money laundering transaction in which the exchanged good is gold.

  7. Costco keeps selling out of gold bars. Experts warn rush is ...

    www.aol.com/finance/costco-keeps-selling-gold...

    But real gold can be hard for the average person to buy without a significant markup, if they can find it at all. Costco, on the other hand, is a reputable seller that consumers trust. But ...

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