Feeds

Oz bottle shop falls for 'double your money' scam

Expensive hangover from cash-duplicating chemical

The Power of One eBook: Top reasons to choose HP BladeSystem

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.

Reducing security risks from open source software

More from The Register

next story
Carlos: Slim your working week to just three days of toil
'Midas World' vision suggests you retire later, watch more tellie and buy more stuff
Motorist 'thought car had caught fire' as Adele track came on stereo
'FIRE' caption on dashboard prompts dunderheaded hard shoulder halt
Brit Rockall adventurer poised to quit islet
Occupation records broken, champagne corks popped
Accused! Yahoo! exec! SUES! her! accuser!, says! sex! harassment! never! happened!
Allegations were for 'financial gain', countersuit claims
Yahoo! Japan! launches! service! for! the! dead!
If you're reading this email, I am no longer alive
Plucky Rockall podule man back on (proper) dry land
Bold, barmy Brit adventurer Nick Hancock escapes North Atlantic islet
NSA man: 'Tell me about your Turkish connections'
Spooks ask Dabbsy to suggest a nice hotel with pool
Japanese artist cuffed for disseminating 3D ladyparts files
Printable genitalia fall foul of 'obscene material' laws
prev story

Whitepapers

Designing a Defense for Mobile Applications
Learn about the various considerations for defending mobile applications - from the application architecture itself to the myriad testing technologies.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
Reducing security risks from open source software
Follow a few strategies and your organization can gain the full benefits of open source and the cloud without compromising the security of your applications.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Consolidation: the foundation for IT and business transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.