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fake gold bars bought and sold in manhattan


               
2012 Sep 19, 1:36am   420 views  0 comments

by coriacci1   follow (2)  

http://www.myfoxny.com/story/19578206/fake-gold-bars-turn-up-in-manhattan

In jewelry stores on 47th Street and Fifth Avenue in Manhattan, the important trust between merchants has been violated.  A 10-ounce gold bar costing nearly $18,000 turned out to be a counterfeit. The bar was filled with tungsten, which weighs nearly the same as gold but costs just over a dollar an ounce. Ibrahim Fadl bought the bar from a merchant who has sold him real gold before. But he heard counterfeit gold bars were going around, so he drilled into several of his gold bars worth $100,000 and saw gray tungsten -- not gold. What makes it so devious is...

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