Jewelry store raids in North Texas linked to $55 million gold scam targeting seniors

[Aquaman]

 

[2024]

Millions of cash dorikindhi ani talk 

[Sundarpichal]

1 hour ago, Aquaman said:

 

@csrcsr anna telling register business on wife name

[libraguy86]

wow manaki time daggara padindi

[futureofandhra]

2 hours ago, Aquaman said:

 

inni years how it went on

[Thokkalee]

3 hours ago, Aquaman said:

 

Is the store owner involved in this? Or are they involved in only melting the coins to chains? 

Melting coins to chains anni stores lo chestaaru.. for 50 bucks or so.. 

[Konebhar6]

I did not understand the fraud. But the scale in humongous. Our gujju bhais at work. 

[csrcsr]

17 minutes ago, Thokkalee said:

Is the store owner involved in this? Or are they involved in only melting the coins to chains? 

Melting coins to chains anni stores lo chestaaru.. for 50 bucks or so.. 

 

9 minutes ago, Konebhar6 said:

I did not understand the fraud. But the scale in humongous. Our gujju bhais at work. 

Melted to hide the origination and distribution as jewellery or some rimes to ovdeseas anta i think you should question  the reciept especially when yiu are getting in huge quantities they are partner in crime

[naansense]

kem cho batch aa?

[andhra_jp]

Two simultaneous raids on jewelry stores on Thursday in Irving and Frisco were the culmination of a year-long investigation by the Collin County Sheriff's Office and federal authorities. 

The jewelry store owners are accused of laundering gold originally purchased by elderly victims of fraud and handed over to couriers who are operating scams in the DFW area and across the country. 

CBS News Texas had exclusive access to Thursday's tactical raids that ended with millions of dollars in cash and gold seized from Tilak Jewelers in Irving and Saima Jewelers in Frisco.   

Dozens of officers from the Collin County Sheriff's Office, along with federal, state and local police, conducted tactical raids on the stores, suspected of taking gold fraudulently obtained from elderly victims of a scam, and melting it down into bracelets and other items which are then sold to unsuspecting customers, or smuggled out of the country.   

"You call Collin County and you go to defraud our citizens, we're going to come get you, that's just the bottom line," said Collin County Sheriff Jim Skinner.

 

[andhra_jp]

[Thokkalee]

28 minutes ago, Konebhar6 said:

I did not understand the fraud. But the scale in humongous. Our gujju bhais at work. 

The gold shops are making hell lot of money with the high gold prices.. ppl are buying like crazy.. 

but still greed gets you.. 

[Konebhar6]

22 minutes ago, Thokkalee said:

The gold shops are making hell lot of money with the high gold prices.. ppl are buying like crazy.. 

but still greed gets you.. 

I saw the video. 
Not very clear. It looks like these jewellers tied up with fraudsters who are duping elderly saying they will be arrested…

take jewellery from them or cash and buy jewellery and hawala. That’s the part I am lot clear. 
They need to be behind bars for being associated with these scams/crimes

[Android_Halwa]

What exactly is the scam ? 

[Thokkalee]

1 hour ago, Konebhar6 said:

I saw the video. 
Not very clear. It looks like these jewellers tied up with fraudsters who are duping elderly saying they will be arrested…

take jewellery from them or cash and buy jewellery and hawala. That’s the part I am lot clear. 
They need to be behind bars for being associated with these scams/crimes

US lo coins ni chains ga marchadam chala common.. last 1 year lo too many ppl bought gold coins and biscuits and gold jewelry.. may be these scamsters either tied up with them or the store ppl are also involved in the scam.. 

whatever it is, a very good business is now shut down.. tilak is a famous jewelry store in Dallas..