Two individuals charged for allegedly defrauding victims out of hundreds of thousands of dollars in cash and gold bars.

Targeting elderly people in four states, two individuals are charged with federal offenses for allegedly defrauding victims out of hundreds of thousands of dollars in cash and gold bars. Money laundering conspiracy, money laundering concealment, and money laundering promotion are the charges against both men. The indictment states that the accusations are related to an ongoing investigation into money laundering and wire fraud. According to federal authorities, victims were tricked into thinking they were speaking with their bank or federal agents from the Federal Trade Commission, the Federal Bureau of Investigation, or the Social Security Administration.