Yongxian Huang, a 24-year-old from Brooklyn, pleaded guilty to a scam involving over $350,000 in gold bars. He deceived an elderly couple by posing as an FTC employee, claiming their assets needed to be converted to gold for safekeeping due to a fabricated emergency. After purchasing gold and transferring money, the couple became suspicious and contacted police, leading to Huang's arrest as he attempted to collect the bars. He faces sentencing with potential jail time exceeding 10 years.
Yongxian Huang, 24, pleaded guilty to a scam involving over $350,000 in gold bars, targeting a senior couple with elaborate deceptions.
The elderly couple was misled through fake messages claiming their Apple account was compromised, leading them to Huang posing as an FTC employee.
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