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The Free Financial Advisor
The Free Financial Advisor
Amanda Blankenship

New York Attorney General Warns of Gold Bar Scam That Has Cost Victims More Than $100 Million

New York Gold Letitia James New Yorkers the Office ofAttorney General
gold bar scam
Officials are warning older adults about a gold bar scam in which fraudsters impersonate authorities and convince victims to withdraw savings, purchase precious metals, and hand the gold to couriers. lev radin/Shutterstock

New York Attorney General Letitia James issued a consumer alert on August 7, 2026, warning New Yorkers about an increasingly common fraud known as the “gold bar scam,” which disproportionately targets older adults.

How the Gold Bar Scam Starts With a Fake Computer Warning

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