$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. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Zimbabwe’s new gold-backed currency, the ZiG, is on a roll READ MORE Stocks tumble, dollar firms amid geopolitical risk, mixed central bank views READ MORE Mined commodities may push higher on structural trends: Expert READ MORE Why Gold Prices Continue to Break Records READ MORE Analyzing Rate Cut Expectations: Insights on CanAm Bullion’s Radar READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment