🪙 There are plenty of scams in Web3, but “TradFi” scammers are moving away from crypto due to regulations making it harder to move money anonymously.
Some have started using gold instead. An increasingly common scam sees the victim (often an elderly person) contacted by “police”, who tell them that their accounts have been targeted by corrupt banking employees. They are advised to convert their savings to gold so they can be moved anonymously.
The scammers, posing as police, pick up the gold for “safe storage.” And of course it’s never seen again.