Ann Arbor, MI – Authorities are warning residents of a growing scam that has already cost community members hundreds of thousands of dollars, including one individual who lost more than $400,000.
According to the Ann Arbor Police Department, scammers are targeting victims—especially seniors—by posing as legitimate companies or government agencies and claiming the individual’s accounts have been compromised. Victims are then instructed to withdraw large amounts of cash or purchase gold bars, which couriers later retrieve in person.
In one recent incident, a 26-year-old man from Ohio was arrested and charged with larceny by false pretenses involving between $20,000 and $50,000. The arrest followed an investigation by the AAPD detective bureau in connection with one of the fraudulent schemes…