gold bars

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Scammers Duped Americans Out of 'Staggering' Sum

Three call centers in India shut down over scheme that stole $50M from older victims

(Newser) - Authorities say a scam out of India that preyed mainly on older Americans and stole a "staggering" sum of money from them has finally been stopped. Maryland and federal officials on Monday announced the results of a yearlong investigation tied to three Indian call centers that were raided and...

French Man Finds $800K in Gold, Coins While Digging Pool
French Man
Hits Jackpot
While Digging
His Pool
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French Man Hits Jackpot While Digging His Pool

5 gold bars, various coins were buried under garden in Neuville-sur-Saone

(Newser) - A French man digging a swimming pool in his backyard stumbled onto a fortune hidden just beneath the surface. The unexpected find: five gold bars and a stash of coins, wrapped in plastic bags, with an estimated value of $800,000, reports CBS News . Per Reuters , the man reported his...

Florida Retirees Face Trial Over Gold From 1746 Shipwreck

Couple in their 80s accused of illegally selling gold from shipwreck off the coast of France

(Newser) - A Florida couple in their 80s are now facing trial in France over gold bars looted from the wreck of an 18th-century French ship. The strange saga of Eleonor "Gay" Courter and her husband, Philip , 82, has captured attention on both sides of the Atlantic. And this week,...

Bob Menendez Staring at 15 Years in Prison

Prosecutors argue disgraced NJ senator should pay dearly for 'grave abuse of his power'

(Newser) - Prosecutors say former Sen. Bob Menendez should be imprisoned for 15 years for a "grave abuse of his power," after the New Jersey Democrat became the first person to be convicted of abusing a Senate committee leadership position and the first US public official to be convicted of serving as...

A Gold Bar Costs $1M for the First Time

Standard bar of 400 troy ounces hits the price milestone

(Newser) - The rising price of gold has resulted in a milestone: For the first time, a standard bar weighing 400 troy ounces costs $1 million, reports Bloomberg . The threshold was crossed Friday, when the price of spot gold hit $2,500 per troy ounce—continuing a run that has seen the...

How Canada's Largest Ever Gold Heist Went Down

Authorities announce arrests in theft of $15M in gold bars from Toronto's Pearson Airport

(Newser) - Authorities have named nine men accused of carrying out the largest gold heist in Canadian history at Toronto's Pearson Airport a year ago, three of whom remain wanted. Among the suspects are two Air Canada employees, confirming the brazen heist of $15 million in gold and nearly $2 million...

A Year Later, Arrests Made in Brazen $17M Gold Heist

Brink's, Air Canada each blamed the other for the Toronto airport heist

(Newser) - A year after millions of dollars worth of gold and cash were stolen in a brazen airport heist in Toronto (the most recent reporting puts the value at $14.5 million), police say arrests have been made in the case. The National Post reports three men from Ontario, Canada, and...

Costco Is Selling a Surprising Amount of Gold

Analyst estimates up to $200M per month in sales of gold bars

(Newser) - Costco is turning into a serious gold merchant. A Wells Fargo analyst estimates the chain is pulling in $100 million to $200 million per month in sales of one-ounce gold bars, reports USA Today . Costco began selling the bars last year , and they quickly became hot-ticket items. Given that Costco...

Pick Up Some Gold Bars ... at Costco
Costco's Newest
Product Keeps
Selling Out in
Just 'Hours'
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Costco's Newest Product Keeps Selling Out in Just 'Hours'

Warehouse retail chain is limiting its 1-ounce gold bars to 2 per customer

(Newser) - Gold bars don't just (allegedly) exist in the homes of US senators —now regular folks can pick some up at Costco. Per CBS News , the warehouse retailer is selling a 1-ounce PAMP Suisse Lady Fortuna Veriscan bar and a 1-ounce bar from South Africa's Rand Refinery , both...

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