Black money scam

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The black money scam , sometimes also known as "black dollar fraud" or "washing fraud" is a scam in which fraudsters try to cheat money from victims by persuading him that a pile of paper sized banknotes in the trunk or safe are actually dyed banknotes to avoid detection by the authorities. The victim is persuaded to pay a fee and purchase chemicals to remove the dye, with the promise of sharing in the results.

Black money fraud is a variation of what is known as a cost fraud.

Video Black money scam

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Kontak pertama

Usually a scammer will send thousands, if not millions of e-mails to a known and random e-mail address, hoping for some replies. The initial message can read something like this:

I am a lawyer in Belgium and I am accused of seeking a legitimate heir to certain assets saved years ago with a security company in Brussels by a man who died a few years ago. We have done an extensive search to find surviving heirs, but with little success. A man with your name is mentioned in the Testament and the Covenant as the sole recipient of this asset. We believe that you may be a rightful and writing person to inquire whether you have a deceased relative or friend who may have named you a beneficiary of these assets in accordance with their wishes and wills. If so, please let us know their name and other information so we can check if you are a beneficiary. The total asset is $ 150,000 and one big bar, the contents are unknown. Please reply soon

Sometimes however, resort the scammer to directly approach the victim.

Advance: fraud begins

When communication between the two parties continues, it will be important for certain fees and fees to be paid, including government taxes, or capital punishment. In fact, there is no tax to be paid. But the need to pay fees or taxes is used as an excuse to make free funds disappear, and/or take funds from victims.

Baggage full of black money?

Finally, in various ways and devices, the victim will be reassured that the rod contains a large sum of cash that has a valid or unlawful reason for all this money to be cash. Furthermore, all money has been colored in black or other colors to avoid detection by customs. Legitimate reasons for this will be given: "The deceased trades in an African artifact and has to pay some expensive things in cash before he dies." To avoid customs and money theft problems must be black. " The victim is convinced that the chemicals needed to launder the money are also in the trunk.

The victim may have paid some money to pay fees and taxes, and he may now be invited to pay the shipping fee from baggage to his home country. Whether this is paid or not, the baggage will not be shipped and further amount will be requested under various pretexts, such as taxes, security company fees, money transfer fees, legalization fees, export permits, etc.

The victim goes to see "money"

When at some point the victim is in doubt, or indicates a reluctance to pay again, he or she will be invited to check the contents of the baggage itself. With many ceremonies and grandeur, the box will be opened to reveal stained paper. The victim will be told that this is colored with an almost inevitable color but there are chemicals that can remove it.

Then the conman will produce a small bottle of washing liquid and ask the victim to choose a stained money note at random. This is done, the fraudsters will wash the paper money in chemistry, do the magic, replace the real records that were washed. There will not be enough liquid to wash more money, or the fraudsters may "accidentally" drop bottles onto the floor.

More funds needed to pay for chemical fluid leaching

The victim can not take a suitcase, or any note, because he is told that the tax has not been paid, but after the note was "laundered", it will be easy to pay taxes and there will be money left. The victim was convinced that he had to buy chemicals to wash the records, and of course the chemical cleaning fluid was "very expensive". Again the victim gives money to the fraudsters. Sometimes fraudsters will create websites claiming to be sellers of cleaning fluids, which obviously have unique and unusual names that can not be found elsewhere. This adds to the credibility of the story and the victim can even contact the website directly to buy the liquid, allowing the fraudster to have another chance to deceive the victim. Alternatively, fraudsters can also refer victims to online advertising specifically for chemical money and black money.

Delays after a delay, more fees, no money

The fraudsters will continue to look for reasons why the victim can not have his money first, but will always promise him after one "final and final step", which clearly involves payment of other costs by the victim. The fraudsters will continue to flush the victim until they are sure he has no money, and that he can not get it by begging and borrowing from friends or banks, or until the victim realizes that he is being cheated, and involves the police. Needless to say, the fraudsters themselves, and the victim's money, are usually long gone when the police are involved.

Reporting crime

Most such scams are not reported by victims for several reasons. First, they may feel very ashamed that they can be very naive. Second, many frauds will involve the victim consciously agreeing to accept a criminal outcome - eg. he may be told that it is drug money, tax evasion money, or just stolen. Sometimes a scammer will persuade the victim to incriminate himself, eg. by falsifying documents, or lying in tax declarations, etc. The victim may thus be reluctant to come forward and admit that he consciously participates in what he thinks is a criminal scheme.

Terminology used in scam

• Money damaged
  • An anti-wind bank note
  • Black Money
• Chemicals
  • S.S.D. Solution
  • Vectrol Paste
  • Tebi-Manetic
  • Humine Powder
    • solid solution
    • Shiba/Fay
    • Motion
    • Remove Decharge
    • Sahualla

Maps Black money scam

Chemicals used

A native of Ghana who was caught committing a fraud revealed to ABC News Chief Correspondent Correspondent Brian Ross is a trick of the trade. Authentic hundred sheets of US dollars coated with glue protective coating, and then dipped in iodine tincture solution. The bill, when it is dried, looks and feels like black sugar paper. Mass notes are the original sugar paper; when the victim took a "note" for cleaning, it was replaced with a note coated in iodine. The "magic cleansing solution" is actually a vitamin C tablet that is dissolved in water. In other arrests, a mixture of raspberry drinks is commonly found as a "magic cleansing solution". Now Ca (OH) ₂ and Mg (OH) ₂ are used and dissolve their notes into this solution

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References

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External links

• Metropolitan Police Information about fraud from the London Metropolitan Police Service
• BBC An article from the BBC about how a businessman cheated out of $ 742,000.
• Two fraudsters in dollar fraud capture the Gulf News article from December 2003.
• Fraudaid How to do it.
• IOL police arrested 'black dollar' victims of October 2007

Source of the article : Wikipedia