The Mali Gold Scam

Native gold   USGS

P. T. Barnum was right there is a sucker born every minute and two to catch them.  I recently received an Email advising me that a gold miner in Mali had 2,500 kg of gold dust that was 96.6% 22k gold.  The price was ridiculous at USD $22,500. This is a good example of the old saying that if it sounds too good to be true it probably is!

How the scam works is by the miner to ask for money to refine the gold dust into bars as it is against Mali law to export gold dust.  Once the perpetrator has your money he vanishes into the woodwork of Mali with your money.

The scam works because there is always an element of greed and cupidity in most people so the best advice is look before you leap!!!