PROVIDENCE, R.I. (AP) _ Authorities in Rhode Island say three more people have come forward as victims of a “black money” scam after the U.S. Secret Service last week issued a warning about the scheme.

Thomas Powers, Secret Service resident-agent-in-charge of the Providence office, said Thursday two people from Massachusetts and one from Connecticut have reported being ripped off. Powers says the victims reported losing more than $77,000.

At a Nov. 3 news conference, Powers said authorities knew so far of three victims who lost $170,000.

Two men were arrested in Providence last month on charges they were involved.

Investigators say con artists convince victims to pay for chemicals to wash bank note-sized paper they claim to be real currency dyed black to avoid detection. In reality, the black money is usually construction paper.

     (Copyright 2011 by The Associated Press.  All Rights Reserved.)


Leave a Reply

Please log in using one of these methods to post your comment:

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

Listen Live