The fake gold scam is usually involved with older people who have some saving for investment.
The scammer will approach the victim and gain some trust from him. Then the scammer will tell the victim that he has found some gold or jewelry that he is not sure how to convert to cash.
In some cases, the scammers have pretended to be a distant relative of the victims and tell the victims that they work in a construction site and have found a bag of gold while at work.
The scammer will show the victim a real gold as sample and get it verified at goldsmith to prove its authentic. After which, the victim will offer to sell the whole of it to the victim for a cheaper price than the market value.
In such scam, the amount of money involved can be very big amount.
We hope there will be fewer victims. Do share this with your family and friends.
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