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Authorities sound alarm on 'gold bar scam' thats swindled millions from seniors

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Authorities sound alarm on 'gold bar scam' thats swindled millions from seniors

The FBI and authorities in Maryland are warning seniors to be on the lookout for scammers who have swindled millions of dollars from people in what’s being described as the “gold bar scam.”

The scam typically begins with pop-up ads or phone calls, where suspects pose as federal agents and instruct victims to convert their assets into gold bars for “safekeeping” by the U.S. Department of Treasury, Fox 5 DC reports. 

Seven victims have collectively lost $6.3 million in the con with investigators looking into at least another dozen more cases. The victims are aged from between 61 and 94 years of age. 

“People are losing their life savings, their homes, their trust, their security,” FBI Special Agent-in-Charge Bill DelBagno said at a press briefing on Monday.

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Montgomery County State’s Attorney John McCarthy speaking at the press briefing (Montgomery County State Attorney’s Office John McCarthy via Facebook)

“Unfortunately, it’s happening across the United States, and it’s happening here in Maryland,” he said.

The Montgomery County State’s Attorney’s Office says that four criminal cases involving five defendants are now pending in the state, but there are additional cases under investigation. Some of the money stolen came from cash pick-ups and cryptocurrency.

Among those arrested was Vipul Thakkar, 52, of Baltimore County, who was caught in a sting operation while allegedly attempting to steal more than 1 million dollars in gold bars from a 74-year-old man, according to the outlet.

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Stacks of 40 Troy ounce high fine gold bars are seen in a subcompartment of the vault inside the United States Mint in West Point, New York.  (Daniel Barry/Bloomberg via Getty Images)

The victim had made nine trips to a local gold store to convert his cash into gold. He contacted authorities after recognizing the scam from news reports.

In another case, Ravinkle Mathon was arrested for attempting to steal $200,000 from an elderly Maryland man in his early 90s. The man’s concerned friends tipped off police, preventing the theft of his life savings.

The Montgomery County State’s Attorney’s Office is advising residents to protect themselves by not answering calls from unknown numbers and avoiding clicks on pop-up ads when using their computers.

“The reality is, once you’re a victim of one of these scams, the chances of getting your money back are not high,” said Montgomery County State’s Attorney John McCarthy.

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Montgomery County Police Department vehicle on display. (Montgomery County Police Department)

McCarthy said that the investigation has links to India and China, with some of the calls targeting vulnerable people originating from call centers. 

“Once you’re a victim of one of these scams, the chances of getting your money back is not high,” McCarty said, adding that none of the money stolen thus far has been recovered. 

“Some [people] are potentially losing their homes.”

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He said he fears there are potentially more victims as some victims are afraid to come forward after being scammed. He pleaded with those victims to come forward.

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Boston, MA

99 Restaurant in Charlestown may close for apartments

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99 Restaurant in Charlestown may close for apartments


Food News

If it closes, the nearest 99 Restaurant locations to Boston will be in Revere and Quincy.

The 99 Restaurant in Charlestown may close due to proposed apartments at the site. Courtesy of 99

A beloved New England chain restaurant’s last Boston location may close as developers eye the lot around it for future apartments at Charlestown’s Bunker Hill Mall. 

Universal Hub first reported the news that the 99 Restaurant on Austin Street could shutter as part of a proposal to replace much of the site with a six-story, 240-unit apartment complex. 

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A spokesperson for the restaurant said the 99 has been at its 31 Austin St. location for 33 years.

“We are aware that the owners of Bunker Hill Mall property are considering a redevelopment of the entire site, and as such, we are exploring our options to remain in this community far into the future,” a spokesperson said. “We will continue to serve our loyal guests in our current location as long as our lease remains in place.”


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The property owner, New England Development, originally proposed a plan in 2021 that would build apartments around the 99 in a U-shape design, according to previous documents and members of the Charlestown Neighborhood Council who spoke to Boston.com. But the neighborhood council development chair Nancy Johnson said the community had a hard time envisioning that design.

Since then, a key zoning change has reshaped the project. In late 2023, the Boston Planning Department changed the Bunker Hill Mall site’s zoning from neighborhood shopping to mixed-use, clearing the way for residential builds. New England Development now proposes replacing the 99 entirely, with construction to be finished by 2028.

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In a statement, New England Development said the restaurant “will remain in operation through at least the end of 2026.”

“The residential development, which adheres to zoning, will provide needed housing, and also complement and support the existing grocery and commercial uses with no reduction in parking for those businesses,” the statement read.

A rendering from the Draft Project Impact Report.

In a March meeting, some public comments opposed the project because of the likely shuttering of the 99. 

“The 99 is one of the few family-friendly restaurants in Charlestown,” said one commenter. “We have celebrated numerous end-of-season sports events there. We need these kind of community spaces in Charlestown.”

Residents also raised broader concerns about the development, including parking and the potential loss of retail in addition to the 99. It isn’t immediately clear which stores will stay. A draft project impact report filed this year indicates redevelopment would only be considered after the “expiration of long-term retail leases.”

But along with zoning changes, Boston’s planning department approved a modification to the urban renewal plan to allow for the residential build. Johnson said the community is worried it could mean less retail stores at the site, which is the opposite of what the community wants. 

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The Bunker Hill Mall currently includes a Whole Foods, CVS, an Ace Hardware, and other stores. The 99 and a Dunkin’ are the last remaining restaurant spaces on site — the 99 being the last full-service option. The mall previously housed a Papa Gino’s and a Friendly’s.

The Charlestown Neighborhood Council expressed frustration mostly with the Boston Planning & Development Agency over the lack of a community process during the 2023 zoning change and a subsequent update to the site’s urban renewal plan. 

“We want our neighbors and other residents to have good, affordable housing that’s safe and well-made,” Johnson said. “But you have to plan for the future, and a neighborhood is going to need retail spaces.” 

The 99’s long history in Charlestown includes a 1995 shooting that killed four people. More recently, the chain has maintained a loyal following: It topped a Boston.com reader poll in 2020 and drew a wave of praise from readers in 2024 reacting to a Reddit post declaring the chain was underrated.

If the Charlestown location ultimately closes at the Bunker Hill Mall site, the closest 99 locations to Boston proper would be in Revere and Quincy.

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Katelyn Umholtz

Food and Restaurant Reporter

Katelyn Umholtz covers food and restaurants for Boston.com. Katelyn is also the author of The Dish, a weekly food newsletter.

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Pittsburg, PA

Last defendant sentenced in stabbing death of mentally ill man in Pittsburgh

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Last defendant sentenced in stabbing death of mentally ill man in Pittsburgh


A judge Tuesday sentenced the last of three defendants in the fatal 2024 stabbing of a mentally ill man at an abandoned Pittsburgh house.

Carlena Wells, 20, was sentenced to 2½ to 5 years in prison on a conspiracy to commit aggravated assault charge in the March 2024 death of Marc Kovach, 37.

Police said Kovach, who was schizophrenic, was beaten and stabbed, then his corpse was hidden under the porch of an empty West End house.

Attorney Thomas N. Farrell, who represented Wells, said his client is autistic. He asked Allegheny County Common Pleas Judge Simquita R. Bridges to help rehabilitate Wells by sending her to a group home with around-the-clock care.

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Prosecutors pushed back.

“Her role was admittedly less than anybody else’s but that doesn’t change the fact that a family is left without a son,” Allegheny County Assistant District Attorney John Fitzgerald said.

While Bridges opted for incarceration, the victim’s older sister said the three people involved in the killing did not face adequate justice.

“Even if she did not kill my brother, she stood there and watched and did nothing,” Misty Kovach, 46, of Port Vue, said while speaking during the sentencing. She criticized the defendants’ sentences.

Dominic Johnson, now 21, Wells’ boyfriend at the time of the attack, negotiated a guilty plea in April 2025 to third-degree murder and conspiracy, according to police and court records. Bridges sentenced him to 13 to 26 years in prison.

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Just three months later, Logan Smetanka, also now 21, negotiated a guilty plea on conspiracy to commit third-degree murder, court records show. Bridges sentenced him to 4 to 8 years in prison.

Attorneys for both men declined comment Tuesday.

Police initially said the crime unfolded on March 16, 2024, when Johnson was hanging out with Kovach in a home on Steuben Street. Johnson attacked Kovach for touching Wells, according to a criminal complaint.

At least two witnesses whom police did not identify in court records told authorities they were present during the attack.

One witness told police that Johnson and Wells were “stomping” on Kovach at the house, the complaint said. Investigators said they were told by a witness that Johnson and Smetanka knocked Kovach unconscious. Johnson then dragged an unconscious Kovach toward the porch of the house, according to the complaint.

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Pittsburgh police were dispatched to Steuben Street five days after the crime when someone called 911 to report a body. Responding officers found Kovach dead in a dried pool of blood under the front porch of the home, the complaint said.

He had been stabbed multiple times in the abdomen. Kovach was lying face-up on the ground, with a black jacket covering his chest.

Misty Kovach told TribLive Tuesday that her younger brother was diagnosed with schizophrenia after he started growing increasingly paranoid while studying at Indiana University of Pennsylvania.

Smoking marijuana appeared to exacerbate his mental health issues, she said. Marc Kovach, one of three children, was involuntarily committed to a hospital for mental health treatment at least once, his sister said.

Misty Kovach said she helped her brother get an apartment in Glassport. The family, however, did not know where he was living at the time of his death.

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Farrell, Wells’ attorney, told the judge his client “had a rough life, a very difficult life.”

Wells herself briefly apologized to Kovach’s family.

“I just want to say I do feel remorseful for what I’ve done,” Wells said. “I’m just sorry.”

“My brother was mentally ill and we really didn’t figure that out until a couple years ago,” Misty Kovach said on the witness stand. “He also had a rough life. But he did not hurt people. That’s not an excuse.”

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Connecticut

Man convicted almost 4 years after body found in the Connecticut River

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Man convicted almost 4 years after body found in the Connecticut River


HOLYOKE, Mass. (WGGB/WSHM) — A 24-year-old man has been convicted of first-degree murder in connection to the deadly shooting of Elis Vizcarrondo back in 2022, according to Hampden District Attorney Anthony D. Gulluni.

On July 3rd, 2022, officers arrived to the scene at the Connecticut River, finding Vizcarrondo’s body after he had been shot in the back of the head and through his right eye.

During the investigation, officials received information from witnesses that led them to 131 Clemente Street in Holyoke, where it was confirmed, the victim was killed. Officials were also able to find out there were multiple others involved.

One of the others, William Bell, was charged, but had already passed away in April 2025, while in custody at the Berkshire County Jail and House of Correction. Officials say Miguel Morales was also later charged, as an accessory after the fact.

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During the trial of 24-year-old Elijah Melendez of Holyoke, it came out that Melendez had admitted to multiple people that he worked alongside Bell to kill Vizcarrondo, due to their connection with a separate homicide investigation.

Melendez was found guilty by a jury of first-degree murder, possession of a firearm without a license, and possession of ammunition without a license. His sentencing is scheduled for Friday, May 1st, in Hampden Superior Court.

The investigation was conducted through a coordinated effort between the Massachusetts State Police Detective Unit assigned to the Hampden District Attorney’s Office, along with the Holyoke Police Department and the Chicopee Police Department.

Copyright 2026 Western Mass News (WGGB/WSHM). All rights reserved.



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