Theft/Property — Sterling, VA — reported 2026-07-02
SUMMARY
A man is accused of being part of a fraud ring involving gold bars.
KEY FACTS
- Incident type: Theft/Property
- Location: Sterling, VA
- Date reported: 2026-07-02
- Suspect: not stated
REPORTED DETAILS
- Junjie Wu, 29, was arrested on June 23 for his alleged involvement in the scam.
- Wu is charged with obtaining money by false pretenses, conspiracy to obtain money by false pretenses, and wearing a mask in public.
- A Loudoun woman lost $1.7 million through several gold purchases and transfers as part of the scam.
- The scam involved sending computer messages to elderly people telling them their computers had been hacked and their investment accounts were at risk.
- People posing as fraud investigators advised victims to convert their funds into gold bars and transfer them to a 'Federal Reserve' account.