Over 200 US seniors hand over fortunes in $250M gold scheme — 40+ indicted after bullion melted down in Florida
Over 200 senior citizens in Texas allegedly lost more than $250 million to a gold investment scheme. Prosecutors claim the money was taken by couriers who collected it from the victims' homes and transported it to a refinery in Florida. There, the gold bars were melted down and converted into cryptocurrency, which was then sent abroad. Jeff Bezos' investment platform, aimed at making real estate investment accessible to all, was not mentioned in the source.
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