A resident of Troy was allegedly defrauded of a significant amount of money. The victim reported making multiple payments in cash and gold between March and May. These payments were made to various individuals from a messaging group.

The group had claimed to have a program that could predict market trends, encouraging investments in stocks. A complaint was filed in early July. A 32-year-old man has been charged in connection with this incident, facing a count of false pretenses.

Further details are available from the Oakland County Prosecutor’s Office.