Jersey City, New Jersey, USA: A 25-year-old Indian national, identified as Nigam Bhatt, has been arrested in the United States in connection with an alleged gold extortion scam targeting senior citizens. The arrest was made on April 7 as part of an ongoing investigation into a wider fraud network.

According to authorities, Bhatt, who was residing in New Jersey on a work visa, is accused of deceiving elderly victims by falsely claiming that their bank accounts and Social Security benefits had been frozen. He allegedly instructed victims that their accounts could only be restored if they handed over gold.

Investigators revealed that multiple victims have already been identified, including at least one individual from the Kentwood area. Law enforcement agencies believe the scam may have affected several other unsuspecting victims.

Bhatt was taken into custody during a coordinated operation conducted by the Tangipahoa Parish Sheriff’s Office in collaboration with the Washington Parish Sheriff’s Office. Officials stated that he was apprehended while attempting to collect gold worth more than $800,000 from a victim.

He has been charged with extortion, and authorities indicated that the investigation remains ongoing.

In an official statement, Sheriff Gerald Sticker urged residents to remain cautious when receiving unsolicited calls related to financial matters. He advised individuals to verify such claims directly with their banks and warned against sharing personal or financial information over the phone.

Residents were also cautioned not to send money, gold, or valuables to unknown individuals through online platforms, mail, or suspicious in-person arrangements.

Authorities believe the scam could be more widespread and have encouraged additional victims to come forward as the investigation continues.