3 held for ‘black dollar’ scam
MANILA, Philippines — Two Cameroonian men and a Filipina were arrested for their alleged involvement in a “black dollar” scam in Makati City Thursday.
Samuel Djumba, 47; Patian Libukan, 36; and Sarah Chuidian, 47, were arrested during a sting at a hotel just before 9 p.m.
Police seized 204 fake dollar bills, four cell phones, a bag full of white powder, a bundle of paper cut to the size of a dollar bill, iodine, liquid soap, shampoo, a syringe, a backpack and an ultraviolet flashlight from the suspects.
The sting stemmed from a complaint by businessman DelosCarlos Cruz, said Director Guillermo Eleazar, National Capital Region Police Office (NCRPO) chief.
The “black dollar” scam involves con artists attempting to convince a victim that piles of dollar bill-sized paper are actually currency notes dyed to avoid detection by authorities.
Eleazar said the suspects try to convince the victim to hand over $50,000 to purchase chemicals to remove the dye, and they would triple their investment once the dye is removed.
Police are readying charges of syndicated estafa and illegal possession and use of false treasury or bank notes and other instruments of credit against the suspects before the Makati prosecutor’s office.
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