Black Money Scam

black money scam



Black Money Scam: How It Works

The Black Money Scam might look as if it is taken from a mafia movie, but it happens worldwide regularly. After developing a quick friendship, the scammer shows the victim a car trunk full of millions of dollars in banknotes. “All the banknotes are painted with a black coat so that the money was able to pass through customs undetected”, the scammer says. Sometimes white paint is used instead of black.

The problem is the removal of the paint. The only substance that will remove the coat while keeping the notes intact is costly.

Watch the video below to see in action the Black Money scam exposed on WCPO:

Black Money Scam Video

They suggest you give them cash for the remover. However, the quantity of bottles you need to purchase is high since there are a lot of banknotes. So, they say they will give you a percentage of the entire amount of banknotes. To be more convincing, they might have a “sample” of the remover in a mini bottle.

They will pull one of the black money bills and use the “magic” substance in front of you. Guess what? A real banknote will reveal, nice and clean!



You decide to take the risk and, knowing that you will receive $8,000, you pay them $1,000 to buy the chemical from one of their “connections.”

To show they are fair, they take you with them when they buy the substance. That means meeting with the seller (which is one of their accomplices) in a different parking lot. After he “purchases” several bottles, the crook gives you a couple of them, along with your “part of the deal” from the trunk.

Excited, you go home, but as soon as you start washing the notes, you realize it’s all just junk paper. The scammer had only a few bills painted when they showed you how it works, while the secret chemical is nothing else than colored water.



Black Money Fraud: How To Avoid

There is no such thing as painted money recovery, so really if you get caught, it’s your fault. But to be kind, can we say, yet again, never strike a deal in a parking lot? The image provided for this page features real props used to pull the scam, captured by the police.

Here is how it would look in a trunk:

black money

Black Money: How To Report a Scammer

Warn your friends and family about the Black Money Scam by sharing it on social media here. You can officially report the scammers to the Federal Trade Commission (FTC) using the link below:

Report To The FTC Here




 

How To Prevent Identity Theft and More

If you want to be the first to find out the most notorious scams every week, feel free to subscribe to the Scam Detector newsletter here. You’ll receive periodic emails – we promise not to spam. Meanwhile, educate yourself with some other fraud-related articles right under this paragraph, so that you can protect yourself in many other aspects and niches. Last but not least, use the Comments section below to expose other scammers.

Here are some must-reads for the end:

License Plate Spray Scam

Romanian New Banknotes Scam


identity theft protection

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PINTU

Dear Sir ,

I want to that how I test black money is real . Which chemical I can use for test and get result immediately .

Thanks ,
PINTU

Elena

Oh Pintu… your comment is funny. No, black money is not real. So you don’t need to know the chemical and scam people…

mughal

I know black money is not real.

iqfirstaid

Scams are part of our life and scammers just want to make money quickly. They are everywhere and always ready to bring you down. Today technology is the main weapon for them and they use it very smartly. Lots of scams are there such as first aid scams dating scams, bank scams, pension and many more.
Please we aware of these scams and frauds.

Kellie

It never ceases to amaze me how rich people fall for the dumbest things. I mean seriously, $25,000 for chemicals to wash off paint??? It’s called paint thinner and you can buy it at Walmart or even the dollar store LOL. But I guess they need really special chemicals to clean the construction paper money LMAO. It just goes to show, you can’t fix stupid and stupid has no boundaries, financial or otherwise. smdh. I can’t believe I had never heard of this scam…it’s pretty funny though. With that said, I love it when scammers contact me…I love to screw… Read more »

John Ferdinard

You would be surprised many people have fallen for this scam especially in Malaysia and Dubai if you need help contact: message@cyberservices.com for unethicals way to recover we both know the govt can’t help.

Alexia

I have a friend who fell for it. He really thought he was going to become a millionaire.

soroush  hamledari

I how can understand what is this my note black such i have some i want to test if was fake i free

Alexia

I have a friend who was conned by this scam. He met a guy who claimed to be from Cameroon. This was in China. So he was shown two boxes full of American bank notes, he said they looked like they were covered with something similar to charcoal. The notes looked a little scrunched. But the guy used cleaning solution to clean two bank notes, two $100 bills. It was a tiny bottle of cleaning product. But needed 1L of the solution to clean half a whole box of $1 million, 2 boxes each of 1 million USD, totaling $… Read more »

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