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Counterfeit gold bars discovered in New York City
Jewelry merchants in New York City are finding out they have to be more careful that they're not inadvertently buying fake gold.
The issue of counterfeit gold is re-emerging after a reputable merchant in Manhattan discovered he'd bought $100,000 worth of fake gold bars, WNYW reported.
When merchant Ibrahim Fadl drilled into several of the gold bars he'd bought from a regular source, he discovered they were actually filled with gray tungsten.
Whoever is making the fake gold bars seems to be running a complex operation.
https://www.nbcnews.com/news/us-news/counterfeit-gold-bars-discovered-new-york-city-flna1b5988405