Stamp Broker Cons Elmhurst Man Out Of Thousands: Police

One Elmhurst resident lost several thousand dollars last year to a scam in which he tried to buy expensive stamps.

The man, who lives in the 700 block of North Indiana Street, told police he was contacted by a third-party stamp broker, according to reports. The broker told the man he was interested in selling part of his stamp collection, which was valued at a high price. He also guaranteed his stamps were authentic.

The resident reportedly wired thousands of dollars to the broker as bond; police haven’t specified the total amount. The broker quickly broke off all communication with the man as soon as the money was wired.

The man has been unable to contact the broker or any of his representatives since the incident, reports state.

The crime was reported this February, but the man said the transaction took place on Oct. 10, 2016.

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