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flag Texas cops arrest five in $55M scam targeting seniors with fake federal agent ruses.

flag Authorities raided two jewelry stores in Frisco and Irving, Texas, as part of a year-long investigation into a $55 million fraud scheme targeting elderly residents. flag Suspects allegedly impersonated federal agents, using fake emails and threats to coerce seniors into buying gold, which was then collected, melted down, and sold or smuggled. flag Over 200 victims in Collin County reported losses exceeding $7 million, with total statewide losses near $55 million. flag Five individuals, all of Indian origin, were arrested, and millions in cash and precious metals were seized. flag The operation involved multiple law enforcement agencies, and officials continue investigating the network, with more arrests expected.

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