WANTED: Suspect sells $300,000 in fake gold to scamming victims

DCW50 News

(PHOTO: Montgomery Co. Police)

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated.

MONTGOMERY CO. – Police are searching for a Gaithersburg man suspected of selling victims $300,000 in fake gold.

Investigators say the suspect, known as “Mike,” asked an acquaintance, who owns a gold store outside of the U.S., if he would interested in buying a large quantity of gold from him.

That victim asked a friend if he would also be interested and the two victims met “Mike” on August 20 at a Gaithersburg hotel.

“Mike” then took the victims to a public storage unit on Christopher Avenue where he showed the victims a box which he stated contained the gold.

Police say “Mike” told suspects they could remove a small sample of the gold to have it tested. That afternoon, the victims had the sample tested at a facility who determined the sample was indeed gold.

The next day, the victims met “Mike” again at the same location and paid him $300,000 for the “gold.”

The victims then had the box tested and were told the material in the box was actually copper. Then, they reported the scam to police.

Police released these surveillance photos of the suspect Wednesday and are asking the public’s help in identifying him.

Anyone with information regarding the suspect is asked to call police at 240-773-6330.

DCW50 Exclusives

More DCW50 Exclusives

More News

More News


Latest News

More DCW50 News