25-year-old Nigan Bhatt, an Indian who is in the US on a work visa, was arrested for scamming an elderly in a gold scam that has spread its network across the country. Elderly people are called by scammers who often pose as law enforcement officials and are asked to deposit gold to evade arrest. Bhatt was arrested as he was on his way to collect $8000,000 in gold from his target. In this case, the victims were told that their bank account and social security benefits are frozen and can be released only in exchange for gold.
According to reports, detectives in Collin County, Texas contacted the Tangipahoa Parish Sheriff's Office in Louisiana about an investigation into the gold scam as they received a tip that Bhatt was going to that area for his collection. On April 7, Bhatt was taken into custody before he could collect the gold.
