$100,000 In Gold Recovered In Fraud Investigation: East Hampton Police

Police said an accused scammer identified himself as a Homeland Security agent and demanded payment from an East Hampton resident in gold.

Two men accused of attempting to scam an East Hampton resident out of a large amount of gold were arrested last week, according to police. (Shutterstock)

EAST HAMPTON, CT — Two men accused of attempting to scam an East Hampton resident out of a large amount of gold were arrested last week, according to police.

In a news release, Police Chief Dennis Woessner said officers launched a fraud investigation on April 4 and learned a resident was being scammed by a man who identified himself as a Homeland Security agent.

According to Woessner, the alleged agent told the resident they owed a large debt that would need to be paid in gold and set up a time to pick up the payment at the resident’s home.

Officers conducted an undercover operation near the resident’s home. Two men who arrived to pick up the gold were both arrested, Woessner said.

Police recovered and were able to return over $100,000 in gold to the resident as a result of the investigation, Woessner said.

Fei Fei Jiang, 29, an undocumented man living in Queens, N.Y., was charged with first-degree larceny and conspiracy to commit first-degree larceny.

Jiang was unable to post his $500,000 bond and appeared in court on April 5, according to Woessner.

Ya Lou Wang, 36, an undocumented man living in Flushing, N.Y., was charged with first-degree larceny and conspiracy to commit first-degree larceny.

Wang was unable to post his $750,000 bond and appeared in court on April 5, according to Woessner.

Michael Piccoini

Strategic Planning, Leadership & Analysis Professional with a background in healthcare, manufacturing and retail. I have a strong understanding of the complex world of revenue Management and how to make it more relevant, understandable, and actionable for executive leadership across all levels of an organization. My career has spanned several years at UnitedHealth Group, Inc. I obtained my B. Comm from the University of Windsor and MBA from Wayne State University