No, Real Government Agents Don’t Want You to Buy Gold Bars: How to Spot and Stop This Scam

Imagine this: you get a phone call from someone claiming to be a government agent. They say your bank account has been compromised or your Social Security number is tied to criminal activity. They urge you to protect your money. How? By buying gold bars and handing them over to a “trusted” agent.

It’s a very real scam scenario and many people are falling for it.

How the scam works

Scammers impersonate law enforcement officers, FBI agents, or other federal officials. They spoof caller IDs, us