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December 16, 2025

As Gold Prices Rise, a New Scam Is Targeting Retirees

SHOW LOW, Ariz.—The coin shop owner had seen his share of hefty deals, but this call caught him off guard. An elderly man from nearby Snowflake, Arizona, wanted to purchase gold coins valued in the tens of thousands.

As Gold Prices Rise, a New Scam Is Targeting Retirees

TL;DR

  • An elderly man from Snowflake, Arizona, contacted a Show Low coin shop to purchase gold coins valued in the tens of thousands.
  • The man appeared nervous when he arrived at the shop.
  • He was on his phone, seemingly receiving directions from a woman.

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