Fraud Ring Allegedly Drains $55,000,000 From Seniors in Nationwide ‘Gold Bar Scam’ – Why Authorities Are Raiding Jewelry Stores in Texas

Authorities in Texas say they’ve uncovered a nationwide scam that’s drained $55 million from hundreds of elderly victims. Federal, state and local officers just raided two jewelry stores in Irving and Frisco in connection with the so-called “gold bar scam. source: https://dailyhodl.com/2026/02/15/fraud-ring-allegedly-drains-55000000-from-seniors-in-nationwide-gold-bar-scam-why-authorities-are-raiding-jewelry-stores-in-texas/