Central figure arrested in Tarrant County elderly gold theft scheme, more than 40 indicted

The Brief

  • 35-year-old Muzamid Ahmed was arrested and charged in connection to an alleged gold theft scheme involving elderly residents in Tarrant County and the United States.
  • More than 40 individuals have been charged in connection to the gold theft scheme, which involves fraudulently collecting gold and cash from elderly victims.
  • Investigators say the suspects posed as the victim’s bank over the phone, instructing them to empty their valuables, which the suspects melt to make jewelry to be sold overseas.

FORT WORTH, Texas A central figure in a gold theft scheme that has affected dozens of elderly Tarrant County residents was arrested in New York after attempting to flee the country.

Gold theft scheme arrest

What we know:

Officials arrested 35-year-old Muzamil Ahmed at JFK International Airport in New York as he was attempting to leave the country.

Ahmed was arrested on Tarrant County warrants for engaging in organized crime for theft, financial abuse of the elderly, and money laundering.

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