A bizarre investment scam in Norway is targeting people who believe gold can protect their savings, with victims reportedly being persuaded to buy the precious metal and leave it in forests under the pretext of keeping it safe while its value rises. Instead, the gold is stolen, leaving investors facing financial losses.
The scam has prompted Finans Norge, the organisation representing Norway’s financial services industry, to warn the public after several bank customers reportedly spent significant sums on gold before following instructions from people they trusted. Norwegian banks are now raising awareness about the scheme as part of broader efforts to prevent financial fraud.
