Scam artists in Southern China give money laundering a new meaning
Foreigners and local accomplice arrested in Guangzhou for duping woman of millions with promises of ‘dyed dollar notes’ back to real currency
Two foreigners and a local associate have been arrested in Southern China for cheating a woman of 4.25 million yuan (US$625,000) by claiming they could paper dyed black into US dollars.
The two foreigners, were are residents of Guangzhou, capital of Guangdong province, were identified by their surnames Johnson and Dodo, although their nationalities were not revealed.
They convinced the victim, whom they met online, that they had a suitcase full of what looked like black paper but was actually US$1.4 million dollars worth of US banknotes that had been dyed black million and smuggled into China.
They offered to sell the special “chemical agents” to wash the dye off the money, local media reported.
The victim was a woman from Wuhan surnamed Li. She said that Johnson, who used the pseudonym “Anderson”, demonstrated how the money was washed in front of her, according to Guangzhou’s New Express Daily.