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Black money scam. The black money scam, sometimes also known as the "black dollar scam" or "wash wash scam", is a scam where con artists attempt to fraudulently obtain money from a victim by convincing them that piles of banknote-sized paper are real currency that has been stained in a heist. The victim is persuaded to pay fees and purchase ...
Examples include the diamond hoax of 1872 and the Bre-X gold fraud of the mid-1990s. This trick was featured in the HBO series Deadwood, when Al Swearengen and E. B. Farnum trick Brom Garret into believing gold is to be found on the claim Swearengen intends to sell him. This con was also featured in Sneaky Pete.
Carding is a term of the trafficking and unauthorized use of credit cards. [ 1] The stolen credit cards or credit card numbers are then used to buy prepaid gift cards to cover up the tracks. [ 2] Activities also encompass exploitation of personal data, [ 3] and money laundering techniques. [ 4]
The strip search phone call scam was a series of incidents, mostly occurring in rural areas of the United States, that extended over a period of at least ten years, starting in 1994. The incidents involved a man calling a restaurant or grocery store, claiming to be a police officer, and then convincing managers to conduct strip searches of ...
Advance-fee scam. An advance-fee scam is a form of fraud and is one of the most common types of confidence tricks. The scam typically involves promising the victim a significant share of a large sum of money, in return for a small up-front payment, which the fraudster claims will be used to obtain the large sum. [ 1][ 2] If a victim makes the ...
The "Slave Reparations Act" (also called the Slavery Reparation Tax Credit, Black Tax Credit or Black Inheritance Tax Refund) is a tax fraud related to the concept of reparations for slavery. [1] The scam claims that filers can receive $5,000 or increased social security payouts for African-Americans born in the United States between 1911 and 1926.
Indian black money. In India, black money is funds earned on the black market, on which income and other taxes have not been paid. Also, the unaccounted money that is concealed from the tax administrator is called black money. The black money is accumulated by the criminals, smugglers, and tax-evaders. Around ₹22,000 crores are supposed ...
Known for. Hawala. Criminal charge. Money Laundering. Criminal status. In Jail (Deceased) Hasan Ali Khan ( c. 1951 – 23 February 2023) was an Indian businessman. [1] In 2007, Indian authorities began investigating Khan on suspicion of money laundering. [2] [3] He had a Swiss bank account with $8 billion in deposits. [4]