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Biao Lin, 27, faces federal charges after attempting to collect gold bars valued at $462,398 from an elderly woman in a $3 million scam.
In a shocking incident, an 86-year-old woman from Portland was set to hand over five one-kilogram gold bars and three 100-gram bars, valued at $462,398, to a courier when the FBI intervened. Authorities arrested Biao Lin, a 27-year-old Chinese citizen residing in Brooklyn, NY, who allegedly traveled across the U.S. to collect the gold as part of a $3 million fraud scheme.
According to Assistant U.S. Attorney Scott Kerin, Lin was charged with federal fraud offenses in connection with this elaborate conspiracy.
