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Over 200 US seniors hand over fortunes in $250M gold scheme — 40+ indicted after bullion melted down in Florida

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Core Development: Over 200 US seniors hand over fortunes in $250M gold scheme — 40+ indicted after bullion melted down in Florida
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More than 200 older adults were talked into withdrawing their savings and handing it to couriers sent to collect it.

Tarrant County, Texas, prosecutors put the total allegedly fleeced at more than $250 million. A call would come in warning that the victim's money wasn't safe where it was. The instruction was to get it out of the bank and into gold, bitcoin or cash.

And they say the gold rarely stayed gold for long. It moved through shell companies to a refinery in Florida, where gold bars became molten puddles.

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