Posted on 03/07/2015, 1:32 pm, by mySteinbach

RCMP in Manitoba are warning the public to be aware of a “white money” scam that has been reported in the province.

The scam usually targets residents selling high priced items and cash only deals. The perpetrators convince potential victims to meet them in person so they can be shown a large sum of money they will receive.

The overall objective is to have the victim part with legitimate money in exchange for worthless paper in future business deals with the suspects.

Potential victims are shown actual money which is then placed between two pieces of white paper. The paper is then sprayed with a chemical. Through sleight of hand, real money is then substituted for the “white money” in attempts to make the victim believe that paper can be converted into currency.

The RCMP reminds residents to be vigilant in watching for this scam. If you have been approached by individuals with “white money” for a large cash purchase or business deal, please contact your local RCMP detachment.