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U.S. and Maryland officials shut down Indian call centers in a $50M gold scam targeting seniors, arresting 16.
Maryland and federal authorities shut down three Indian call centers tied to a gold bar scam that defrauded over 600 Americans of nearly $50 million.
The scheme targeted older individuals, using fake federal agents to convince victims to convert retirement funds and home sale proceeds into gold bars, which were collected by couriers paid $800 to $4,000 per job.
Six alleged leaders and 10 couriers were arrested, with several convictions secured.
The scam used wire transfers and cryptocurrency, and authorities warned of ongoing risks to those with significant savings.
The crackdown follows an ABC News investigation into rising gold-related frauds linked to soaring gold prices.
Funcionarios estadounidenses y de Maryland cerraron centros de llamadas indios en una estafa de 50 millones de dólares en oro dirigida a personas mayores, arrestando a 16.