A team of 20 SWAT officers raided Malani Jewelers in Richardson, making it the third jewelry stores in North Texas to be raided, in connection with the $74 million gold scam targeting seniors. 13 employees were detained and crates full of gold were seized. The authorities said this store was one of the network businesses that laundered stolen gold purchased by victims.
CBS News reported that when the raid in Richardson was going on Wednesday morning, federal and state law enforcement were simultaneously raiding jewelry stores in Atlanta and Orlando. More than $50 million worth of gold was recovered in the three raids.
