You may have seen on the news or in the daily headlines that precious metals are doing well and worth investing into. Security Savings Bank Vice President Dorothy Ricketts informs that has led scammers to strike once again:
“It has been a while since precious metals have been in the news as much as they have and buying gold bars and giving them to the scammers. You get a phone call that says your bank account is under investigation and the bank that it is in is under investigation and you are at risk of losing your money. They recommend that for safe keeping, you take your money out of the bank, and they direct you how to buy gold bars or how to buy silver, although I read more about gold. Then they send a courier to your house to pick up those gold bars for safe keeping. You get an official receipt that say their safe keeping your gold bars, but whoever they are, they are lying on that receipt, and you never see your funds again.”
If you receive any suspicious phone calls, Ricketts advises hanging up and call your local bank directly to ask any questions.
