🚨 Consumer Warning: Scam Involving American GoldBacks Targeting Seniors 🚨
Source: WFPDate: Fri Apr 11 06:40:41 MST 2025
BEWARE of Individuals Claiming GoldBacks Are Legal Tender in the USA
A fraudulent scheme is targeting seniors and Freedom Fighter groups in our area. A cash-only seller is going door to door and appearing at community meetings, falsely claiming that GoldBacks—a privately-issued, gold-foil currency—are legal tender in the United States.
✅ FACT: GoldBacks are not legal tender. They are not recognized by the U.S. government and cannot be used to pay debts or taxes.
⚠️ What This Seller Is Doing:
Claims GoldBacks are “spendable money” in the USA
Pressures people to trade cash for GoldBacks at inflated prices
Refuses to accept credit cards, checks, or give receipts
Offers no way to cash out or recover your money
Has no business card, website, or identifiable contact info
Exploits trust within patriotic or freedom-minded groups
❌ Why This Is a Scam:
You are overpaying for a product that has no guaranteed resale value
The seller is committing fraud by misrepresenting the product as legal tender
Victims are left with no recourse, no refund, and no way to spend what they were sold
Seniors and vulnerable citizens are being specifically targeted
✅ What You Can Do:
DO NOT give cash to anyone selling GoldBacks without doing proper research
Report suspicious activity to:
Your State Attorney General’s Office
The Federal Trade Commission at reportfraud.ftc.gov
Local law enforcement
Warn your friends, family, and neighbors, especially those in senior or church groups
Ask questions: If a seller won’t give you a receipt, contact info, or proof of legitimacy, walk away
🛡️ Stay Safe. Stay Informed.
GoldBacks are NOT legal U.S. currency. Don’t be fooled by flashy sales pitches or patriotic messaging—this is a scam.
If you believe you or someone you know may be a victim, contact us or your local authorities immediately. Let’s protect each other from fraud.
Durham Regional Police
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