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Fake Gold Bars in Manhattan

September 19, 2012

Tungsten Filled 10oz PAMP Suisse Gold Bar Discovered in Manhattan

Last March, SilverDoctors broke news that quickly went viral throughout the PM community that a tungsten filled gold bar had been discovered in the UK.

Apparently Manhattan jewelry dealer Ibrahim Fadl caught the SD story, because he apparently decided to drill into over $100,000 worth of 10 oz PAMP Suisse gold bars because he had heard rumors of tungsten filled gold bars. Rather than $18,000 worth of gold in each, Fadl discovered beautiful $10 slabs of tungsten.

Fadl ‘had heard counterfeit gold bars were going around, so he drilled into several of his gold bars worth $100,000 and saw gray tungsten — not gold. The bar was filled with tungsten, which weighs nearly the same as gold but costs just over a dollar an ounce.’

We now have our 2nd official confirmation of tungsten laced gold, and while still not a 400oz London bar, we seem to have a more professional counter-fitting situation on our hands.

Uploaded by 2012sprint

You might also want to read on this site:

*Tungsten Filled Gold Bar Discovered

The bar passed a hand-held xrf scan which showed 99.98% pure AU. The tungsten was only discovered when the bar was physically cut in half.
After numerous reports of 400oz tungsten filled bars being discovered in Hong Kong, this is the first documented and verified report with photographic evidence that has been made public.

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