how does black money cleaning scam works
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1,111,111 TRP = 11,111 USD
1,111,111 TRP = 11,111 USD
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The black money cleaning scam works in a very swift way by the fraudster. Although the black money is actual and real, just like any other thing out there, you must find fake or fraud in it from some people, or better known as “fraudsters”. In the black money cleaning scam, the mass of notes are real sugar paper; when the victim picks a “note” for cleaning, it is swiftly switched with the iodine coated note. The “magic cleaning solution” or say the “fake ssd solution chemical” used by the fraudster performing the cleaning is actually crushed Vitamin C tablets dissolved in water. In another arrest, ordinary raspberry drink mix was found to be the “magic cleaning solution”.
The fraudster tricks the target victim into believing that these crushed Vitamin C tablets dissolved in water is actually real and genuine SSD chemicals, with intentions to defraud or extort money from the victim. The fraudster charges the victim for “these crushed Vitamin C tablets dissolved in water” the same rate and amount as for the real SSD solution chemical, which cost roughly $28,500.00 per 1000ML (1 LITER).
The “black money cleaning scam” is a type of fraud where scammers claim to have a way to cleanse illegally obtained money, typically in the form of cash, to make it usable. Here’s how the scam often works:
Initial Contact
1. Victims are approached by scammers, often through social media, email, or in-person meetings.
2. Scammers pose as government officials, bankers, or experts in currency exchange.
The Pitch
1. Scammers claim to have access to a chemical or process that can clean or convert black money (illegally obtained funds) into legitimate currency.
2. They promise the victim a significant share of the cleaned money.
The Scam
1. Victims are asked to provide a portion of the black money as a sample for testing.
2. Scammers take the money and claim the cleaning process is successful.
3. Victims are then asked to pay a fee or provide additional funds for equipment, chemicals, or other expenses.
4. Scammers disappear with the money, leaving the victim with nothing.