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SocietyFraudsters posing as police induce gold-bar purchases, losses near ¥6 billion

Specialized scams are surging as gold prices rise, with fraudsters impersonating police officers and telling victims that their assets need to be investigated. Victims are then persuaded to purchase gold bars. The damage has reached nearly 6 billion yen annually, prompting Japan’s National Police Agency to request cooperation from industry groups involved in gold transactions.

Japangold-bar fraudspecialized scams

NNHK News★★★☆☆2026-07-12 22:08Original

Fraudsters posing as police induce gold-bar purchases, losses near ¥6 billion
Fraudsters posing as police induce gold-bar purchases, losses near ¥6 billionSociety