COLLIN COUNTY, Texas — The Collin County Sheriff’s Office executed additional search warrants Wednesday as part of an ongoing investigation into an organized fraud scheme involving the laundering and melting of gold connected to the so-called “gold bar scam.”
Investigators say the scheme primarily targets senior citizens. Victims are allegedly contacted by individuals posing as law enforcement officers or government regulators and pressured into withdrawing money, purchasing gold, and transferring the assets to couriers under false claims.
Authorities believe portions of that gold were later processed or melted through affiliated businesses…