LPD: Man arrested for black money scam
Lincoln Police say a man arrested took $10,000 from a victim in what's called a black money scam.
Police officer Katie Flood says 29-year-old Ernest Witherspoon was arrested Monday for theft by deception. Witherspoon is from Upper Darby, Pennsylvania. Flood says Witherspoon conned a Lincoln business owner out of $10,00 using a black money scam.
Police say the black money scam, sometimes also known as the 'wash wash scam', is a scam where con artists attempt to fraudulently obtain money from a victim by persuading him or her that piles of banknote-sized paper in a trunk or a safe is really money which has been dyed black (e.g. to avoid detection by customs). The victim is persuaded to pay for chemicals to wash the “money” with a promise that he will share in the proceeds.
Lincoln police say they are investigating if Witherspoon scammed other businesses in the area.