$9 Million Gold Bar Theft on Upper West Side: NYPD Seeks Suspect

A 67-year-old New Yorker was tricked into handing over $9 million in gold bars in April 2025. The NYPD has released footage and is seeking public help to identify the suspect.

$9 Million Gold Bar Theft on Upper West Side: NYPD Seeks Suspect

NYPD releases footage of man who fled with $9 million in gold bars in Manhattan

A 67-year-old New York resident handed over a bag containing $9 million worth of gold bars to a stranger near 81st Street and Broadway on the Upper West Side in April 2025, the New York Police Department said. The handover took place in broad daylight on a Wednesday, and the man who collected the gold fled the scene on foot immediately afterwards.

According to nytimes.com, the victim had been targeted through an online scam. An alert on his computer had led him to believe his financial assets were at risk and had been compromised. Someone contacted him online and instructed him to purchase the gold bars — each one roughly the size of a chocolate bar — and deliver them in person as a way to secure his funds. He complied, unaware he was being defrauded.

More than a year and a half after the incident, investigators have released security camera footage and photographs of the suspect in connection with a grand larceny investigation. The NYPD is appealing to the public for help identifying the man seen in the images.

Isaac Kahan, owner of Bullion Trading LLC, a gold and silver dealer in Manhattan's Diamond District, noted the considerable logistical complexity involved in carrying out such a theft — given the sheer weight and value of the gold involved.

No arrest has been announced, and the suspect remains unidentified.

Source: Google News MT — Crime (en)