Avoid Money Scams

Excellent advice on how to avoid being scammed out of your money.

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Dec 28 2008

The Black Money Scam

Published by ktolman at 8:14 pm under Scams, Tips Edit This

The Black Money scam is basically silly, but I could see it working on somebody who is both dishonest and very gullible.  The essence of the scam is that a person tries to convince someone that a bunch of black paper is actually cash that has been dyed black to avoid detection by customs.  The victim is persuaded that if they will advance some cash to help pay for chemicals to remove the dye that they will then get a split of the cash in exchange.

Now, not only is it ludicrous, but it lacks logic.

If you smuggled a bunch of cash into the country, why would you seek help from a total stranger?

If you smuggled a bunch of cash into the  country, why wouldn’t you think of a way to remove the dye ahead of time?

If you were so stupid as to not think of a way of removing the dye, why would I want to do business with you?

If you are so dishonest as to need to smuggle cash, why would I trust you?

In general it is not a good idea to trust someone who has already admitted to being dishonest with someone else’s money.

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