BEWARE of Individuals Claiming GoldBacks Are Legal Tender in the USA
A fraudulent scheme is targeting seniors and Freedom Fighter groups in our area. A cash-only seller is going door to door and appearing at community meetings, falsely claiming that GoldBacks—a privately-issued, gold-foil currency—are legal tender in the United States.
✅ FACT: GoldBacks are not legal tender. They are not recognized by the U.S. government and cannot be used to pay debts or taxes.
⚠️ What This Seller Is Doing:
- Claims GoldBacks are “spendable money” in the USA
- Pressures people to trade cash for GoldBacks at inflated prices
- Refuses to accept credit cards, checks, or give receipts
- Offers no way to cash out or recover your money
- Has no business card, website, or identifiable contact info
- Exploits trust within patriotic or freedom-minded groups
❌ Why This Is a Scam:
- You are overpaying for a product that has no guaranteed resale value
- The seller is committing fraud by misrepresenting the product as legal tender
- Victims are left with no recourse, no refund, and no way to spend what they were sold
- Seniors and vulnerable citizens are being specifically targeted
✅ What You Can Do:
- DO NOT give cash to anyone selling GoldBacks without doing proper research
- Report suspicious activity to:
- Your State Attorney General’s Office
- The Federal Trade Commission at reportfraud.ftc.gov
- Local law enforcement
- Warn your friends, family, and neighbors, especially those in senior or church groups
- Ask questions: If a seller won’t give you a receipt, contact info, or proof of legitimacy, walk away
🛡️ Stay Safe. Stay Informed.
GoldBacks are NOT legal U.S. currency. Don’t be fooled by flashy sales pitches or patriotic messaging—this is a scam.
If you believe you or someone you know may be a victim, contact us or your local authorities immediately. Let’s protect each other from fraud.
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