It’s not what it sounds like. Actually, it’s exactly what it sounds like if you were thinking in literal terms. Now,this may sound like a seriously silly scam, but a few have fallen for it and awareness is key. It’s called the “Black money scam”. The fraudsters show their victims this case of $100 bills that are colored black and in stacks. The person is then told that this cash is dyed black so that it can escape the eyes of customs authorities.
They are then told that in order to turn the money into using cash yet again, a expensive solution is required. The scammer will happily sell the solution to the victim for a bargain $100,000 or something. It’s a small price to pay for getting your hands on millions.
Here’s the back end of the scam: The bills are real $100 bills, but they are just stacked upon black construction paper and they have not been dyed, but rather they are coated in Elmer’s glue and iodine. The secret solution in the “black money scam” is just water and crushed vitamins. You don’t really need the vitamins to dissolve the glue and iodine, but they add a nice “this is a real solution” quality to it.
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