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☆Dateline MSN- The Dyed Black Money Scam
  • Description
Shocking interview with a victim of the "Black Money Scam" & exposes how this scam works.

The first time I saw it, I was amazed at how simple -- and convincing - the trick could be.

Here's how it works.

You take a real dollar bill -- or, if you're a scammer, a bigger bill. You coat it with a thin layer of the washable school glue we all used as kids. That provides a protective coating. Then you add a thin layer of iodine. The same stuff you buy at the drug store to treat a cut.

When it dries, the iodine turns black. So now you have a black bill.

The scammers stick that black bill into a big bundle of black paper -- also cut the size of bills. They say the money had to be coated black to smuggle it out of a corrupt country. So now, the black coating has to be removed.

That's when the scammers become magicians.

They pick out the real bill they've turned black and wash it in what they say is a special chemical. It's really just water with some crushed up Vitamin C. Presto! The original bill appears.

It costs the scammers less than 10 bucks for the supplies. But if they can convince you to pay thousands of dollars for those "special" chemicals, then the briefcase full of fake money can be yours!

Check out this demonstration. Sgt. James Perez showed us how easy it is for the scammers to trick you.