Social media becomes a ‘goldmine’ for fraudsters in Jordan
Summary
In Jordan, many people have been tricked by fake online ads and social media sellers offering cheap gold. These sellers disappear after receiving payments or sell fake gold mixed with other metals. The Jordan Standards and Metrology Organisation (JSMO) is working with security forces to stop these scams and warn buyers to use licensed shops.Key Facts
- Fake ads and social media groups promise low-priced gold to lure buyers in Jordan.
- Some buyers lose money when sellers vanish after payment or receive fake gold.
- JSMO is the official body that inspects and stamps all gold jewelry before sale.
- Local workshops must submit gold for inspection to ensure quality and legal standards.
- JSMO is monitoring and acting against unlicensed sellers promoting gold fraud on social media.
- The Jordanian Association of Jewelry and Goldsmiths advises buying gold only from licensed shops with proper invoices.
- Many scams use fake images and offers, and sell counterfeit or low-quality gold.
- Legal penalties apply to sellers caught selling unstamped or fake gold products.
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