Feeds

Oz bottle shop falls for 'double your money' scam

Expensive hangover from cash-duplicating chemical

Next gen security for virtualised datacentres

Three Oz businesses have been taken for a total of AU$160,000 after handing over cash to scammers in the belief a wonder chemical could double their money.

According to the Stonnington Leader, the twin owners of a bottle shop in Malvern, Victoria, were approached by two men who expressed an interest in buying the business. The pair quickly "formed a rapport" with their intended victims, and revealed they had a substance capable of duplicating bank notes.

The scammers demonstrated the technique by sandwiching an AU$100 note between sheets of black paper - a "special material”, they claimed - and pouring a liquid over the top. When the sheets were peeled apart, a second AU$100 note had miraculously appeared, which the owners verified as genuine at the bank.

They then handed over AU$10,000 each, which the fraudsters subjected to the "procedure", but safely out of sight. The alchemists duly returned a bundle wrapped in silver foil, with instructions that the package should not be opened for 24 hours to allow the cash-generating chemical to do its stuff.

The scamees, however, became suspicious, opened the package and contacted police to complain that it contained only blank paper.

Cops subsequently cuffed two Caroline Springs men, aged 23 and 25, and charged them with theft. Investigations revealed the magic chemical to be a mixture of "bleach, baby powder and hair spray".

They'll appear before Melbourne Magistrates’ Court on 19 October, accused of relieving the bottle shop of AU$20,000, and two other businesses of AU$20,000 and AU$120,000 in a similar scam.

The victims, meanwhile, will escape a legal knuckle-rap since they "had not committed an offence". Police said that "only once a person or business has created the fraudulent money and tried to use it are they committing fraud". ®

Bootnote

Thanks to Ross McCabe for the tip-off.

The essential guide to IT transformation

More from The Register

next story
MEN WANTED to satisfy town full of yearning BRAZILIAN HOTNESS
'Prettier, better organised, more harmonious than if men were in charge'
Cops baffled by riddle of CHICKEN who crossed ROAD
'Officers were unable to determine Chicken's intent'
Yes, but what are your plans if a DRAGON attacks?
Local UK gov outs most ridiculous FoI requests...
Drunkards warned: If you can't walk in a straight line, don't shop online, you fool!
Put it away boys. Cover them up ladies. Your credit cards, we mean
Why your mum was WRONG about whiffy tattooed people
They're a future source of RENEWABLE ENERGY
Murder accused DIDN'T ask Siri 'how to hide my roommate'
US court hears of cached browser image - not actual request
Chomp that sausage: Brits just LOVE scoffing a Full Monty
Sales of traditional brekkie foods soar as hungry folk get their mitts greasy
prev story

Whitepapers

5 things you didn’t know about cloud backup
IT departments are embracing cloud backup, but there’s a lot you need to know before choosing a service provider. Learn all the critical things you need to know.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Backing up Big Data
Solving backup challenges and “protect everything from everywhere,” as we move into the era of big data management and the adoption of BYOD.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?