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The Nexus
SECURITYMay 21 · 12:00 UTCDOJ NEWS

Illinois Man Sentenced for Elder Fraud Conspiracy Involving Gold Bars

Syed M. Makki, 38, an Indian citizen, was sentenced to 15½ years in federal prison for his role in an elder fraud conspiracy. The scheme involved defrauding elderly victims into liquidating their savings and retirement accounts to purchase gold bars, coins, and cash.

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