FBI warns of 'Black Money Scam' in Hawaii - Hawaii News Now - KGMB and KHNL

FBI warns of 'Black Money Scam' in Hawaii

'Black Money' suitcases 'Black Money' suitcases
Two men the FBI would like to Question Two men the FBI would like to Question
The "black money" The "black money"

HONOLULU (HawaiiNewsNow) - Federal Bureau of Investigation (FBI)in Hawaii is warning the public about a scam targeting Hawaii residents commonly known as the Black Money Scam.

Two individuals claiming to be from the African nation of Liberia are wanted for questioning in relation to the scheme.

On Friday, November 4, the FBI received a tip that two men had rented a Honolulu storage locker for cash for the purpose of storing two large suitcases.

The FBI contacted the Honolulu Police and Fire Departments who performed a safety inspection of the unit and determined that there were no explosives or dangerous materials inside.

On Saturday the FBI obtained a search warrant to open the bags. Inside the FBI discovered hundreds of pounds of black paper cut into the size of U.S. currency bills.

The Black Money Scam is a well-known fraud where black construction paper is presented to a victim as being actual U.S. currency dyed black through a chemical process. The con-man represents that he needs money to obtain another chemical that will wash off the black dye and render the U.S. currency back to its normal state. The victim is asked for money to buy the chemical in exchange for half of the black paper. After the money is given to the con-man, the victim is given the black paper, and the con-man disappears with the victim's money.

The paper held by the victim is simply black construction paper with no currency value.

Honolulu FBI office is asking for recent victims to step forward.

Furthermore, the two individuals depicted in the attached photo are wanted for questioning by the FBI.





Copyright 2011 Hawaii News Now. All rights reserved.

Powered by Frankly