Popular Scams Information And Prevention Methods

Easy money is a dream held by almost everyone at some point in their lives, they win the lottery or find hidden treasure and all without pain or strain. For most people that dream is never realized and eventually they accept that it not too much in life is easily gained. A newer scam which hit the streets sometime in 2000 became known as the Black Money Scam and is a high-tech trick that rivals that of magicians performing on stage.

Compared to the advance-fee scam, there's not much difference, but there's a tangle amount of money in a trunk that is hoisted in front of victims. The mechanics of the ripoff are relatively simple and yet devious, a mark is identified and contacted in some fashion and then convinced there is a container of real money and a few genuine bills are shown in their demonstration to further reel in the victim.

International shipping regulations and income taxes are cited as reasons to tint the money black and it is usually a most plausible excuse. According to those who have been arrested, by coating money with white glue and either iodine or raspberry Kool-Aid, the money appears black.

There are several real bills treated in the same way and the rest of the container will be full of black construction paper, to convince the victim they are asked to choose a random bill to "restore" which is actually a genuine note the con artist has palmed and changes out for the randomly chosen piece of construction paper. The palmed cash that was cleverly switched is then treated with a simple solution that removes the coloring and the victim is thereby convinced the entire trunk is full of genuine bank notes.

The victim typically receives an email that was sent randomly among a list of email addresses that the scam artists pick up for one reason or another. Of the few who will respond, contact will be made first via email then by phone which is why it's important to use telephone services such as [cell-registry.com/231/516/

You'll often be asked for money to address shipping fees and other costs that might be inherent in the transfer of the money. This will go on with different reasons as long as the mark is willing to pay. Victims who then become suspicious of the scammers will then be force to sign a document that states that they know that this is illegal money and that they'll be getting it by avoiding taxes and customs procedures, in order to make it seem legitimate.

Ripoffs are most efficient when they are new because like well done stage magic it takes watching and studying to figure out how they are doing it and where the "catch" is. There is no way to win with a ripoff artist and with ripoffs like these even "proof" such as the victim taking the trunk with them to keep in a secure place, is of anything but another misdirection. A container full of black construction paper has no value because the ripoff artists will do anything to keep the money flowing from the victim. Some Wash Wash Ripoff artists tell the victim that exposure to light or air will chemically alter the paper and render the money valueless, this buys them more time before the fraud is discovered and they use that time to request more cash from the victim supposedly to buy chemicals or pay more bribes.

The Wash Wash Ripoff has been reported on occasion by victims and the few arrests made and were due to the victims reports to the authorities. Despite your embarrassment at being conned so easily, it's worth it to inform the authorities, if only to prevent this same kind of fraud from happening to anyone else.

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This entry was posted on Tuesday, January 26th, 2010 at 4:58 pm and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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