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Buyer Beware: High Quality Fake Gold Bars Being Sold Online, Police Say

The Canadian Press, 22 Dec, 2017 01:14 PM

BARRIE, Ont. — Police in Ontario are warning the public about an online offer that isn't worth its weight in gold.

Investigators say they've received complaints of counterfeit gold bars being sold online through buy and sell websites such as Kijiji.

Police in Barrie, Ont., say the bars appear to be real at first glance and are professionally packed and bear an official looking stamp resembling the Perth Mint or the Royal Canadian Mint.

Testing has shown the bars are nothing more than copper plated with gold.

Police say the high-quality counterfeit bars are being offered in various weights and range in price from $300 to $1,200, but their actual worth is about 25 cents to $2.00.

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