Fraudsters Arrested for Attempting $200K Gold Scam on Elderly Victim

WHO:

NY Post - Two men were arrested.

Fox News - The victims included an 85-year-old man from Washington, D.C.

WHAT:

NY Post - The men were accused of attempting to scam the elderly victim out of more than $200,000 in gold bars.

Fox News - The alleged scam involved posing as federal agents.

WHERE:

NY Post - The incident took place in Washington, D.C.

Fox News - The targeted victim was from Washington, D.C.

HOW:

NY Post - The suspects posed as federal agents to carry out the scam.

Fox News - The men attempted to deceive the victim into handing over gold bars.

(UPDATED August 8, 2026 18:19 UTC)

Two men were arrested in Washington, D.C., accused of attempting to scam an 85-year-old man out of more than $200,000 in gold bars. The suspects allegedly posed as federal agents to deceive the victim into handing over the valuable items. Authorities are continuing their investigation into the incident, which has raised concerns about the targeting of elderly individuals in such scams.