Toronto Police Warn of ‘Black Money Scam’ After Fraud, Robbery Arrest

Toronto Police Warn of ‘Black Money Scam’ After Fraud, Robbery Arrest
Counterfeit and Canadian currency are pictured in an undated photo. Courtesy of Toronto Police Service
Peter Wilson
Updated:
Toronto police are warning of a scam involving fake money following the arrest of a man suspected of perpetrating the scam.
It’s known as the “black money scam” or “wash wash scam.” Police say scammers present victims with large quantities of banknote-sized black or white pieces of paper that they tell the victims are real currency concealed by dye that can be washed away using a solution, according to a Toronto Police Service (TPS) news release written by Con. Laura Brabant and issued on Dec. 29.