Oregon DOJ Warns of Rising ‘Gold Bar Scam’ Targeting Residents

Kdun – Oregon DOJ Warns residents across the state to remain vigilant as a surge in fraudulent activity involving fake gold bars has been reported throughout the Pacific Northwest. Several victims have already lost thousands of dollars to the scam, which many now label as sophisticated and deceptive. The Oregon Department of Justice (ODOJ) has issued an urgent consumer alert to help prevent further losses.

A Sophisticated Scheme

Scammers are reportedly approaching individuals in public areas, claiming to be stranded travelers in desperate need of cash. They often offer what appear to be genuine gold bars or gold jewelry in exchange for money. Victims, believing they are helping someone in distress and receiving valuable assets in return only later discover that the items are fake and virtually worthless.

Oregon DOJ Warns that these fraudsters are skilled in manipulation. Using convincing backstories, emotional appeals, and even forged documentation to trick people into trusting them. Many of the scams occur in high-traffic areas such as gas stations, parking lots, and shopping centers.

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Victims and Vulnerability

The ODOJ has received multiple reports from residents who fell for the scam. With some losing hundreds to thousands of dollars. What makes this scam particularly dangerous is its reliance on in-person interaction. Making it harder to track and prosecute the perpetrators. The victims are often good Samaritans who simply want to help someone in need.

Authorities urge people to walk away immediately and report the incident if someone offers them gold bars or jewelry in exchange for cash.

What You Can Do

Oregon DOJ Warns that awareness is the best defense against this type of fraud. Consumers are encouraged to:

• Never buy gold or jewelry from strangers on the street.
• Be cautious of emotional pleas involving urgent financial needs.
• Report any suspicious encounters to local law enforcement or the Oregon DOJ Consumer Protection Hotline.

As the number of reports continues to rise. Oregon DOJ Warns that public awareness and caution are critical to stopping the spread of this scam. If you suspect you have encountered such a scheme, don’t hesitate to report it. Your action could prevent others from falling victim.

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