Washington Post Summary – A woman lost $789k in a gold bar scam, police say. Then she turned the tables.
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Key Facts Section
1. The police in suburban Maryland have caught a con artist who, posing as a federal investigator, had duped a woman into buying $789,000 worth of gold bars. The victim was told the gold was being kept safe while alleged thieves targeting her bank accounts were investigated.
2. The swindler, Wenhui Sun, 34, from Lake Arbor, California, had been participating in a growing scam trend. The victims are often professionals such as doctors and lawyers, who get persuaded to buy gold bars and hand them over to supposed agents for safekeeping.
3. Sun is now being held without bond at a county jail and is charged with theft and attempted theft, both over $100,000. The police were able to track him down by tracing the truck he had used to collect the gold bars.
Article Summary
Wenhui Sun, a 34-year-old individual from Lake Arbor, California, has been apprehended by police in suburban Maryland for his involvement in a scam that manipulates victims into buying gold bars under the guise of federal investigation. Sun, presenting himself as a federal investigator, tricked a woman in her 60s into purchasing gold bars worth approximately $789,000. He assured her that the gold would be kept safe while the investigation into potential thieves was ongoing. This type of scam has become increasingly common, with con artists often posing as federal agents to gain trust. Victims, who are typically professionals from various fields, are persuaded to buy gold bars and turn them over for safekeeping. Sun is currently held without bond in a county jail and faces charges of theft and attempted theft, each over $100,000. Law enforcement officers were able to find Sun by tracing the truck used in the scam. The police and federal authorities warned about the rising prevalence of such scams.
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