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Articles written by Sam Bourgi


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  • 5 Gold Scams Every American Should Know About, and How to Spot Them, According to Expert

    SAM BOURGI, InvestorsObserver|Mar 4, 2026

    Gold investment scams are booming: the elderly in Texas lost over $55 million to gold scams, and for most of them, it was all their life savings. While institutions still issue warnings on safe investments and fraud avoidance, and with gold prices reaching record highs and going beyond $5,000 per ounce, scammers are preying more and more on Americans, especially seniors, to invest. In the last two years, FBI Boston documented over 100 instances of a courier being used to pick up illicit cash or...