Toronto police warn of ‘black money scam’
Toronto police are warning the public of a ‘black money scam’ after making an arrest in a robbery and fraud investigation and locating a large sum of counterfeit bills.
On December 22, officers responded to a robbery on Danforth and Greenwood Avenues.
A man allegedly lured the victim to the area regarding a potential business transaction. Police said the man then pointed a gun at the victim and demanded money before fleeing.
On Wednesday, police arrested Ajax resident Hallie Ndorley, 48, in connection with the robbery.
During the arrest, officers found a large amount of Canadian cash, a large amount of counterfeit currency and black and white paper that police say is used in currency scams.
Police released images of the counterfeit money and paper.
The scams are known as the « black money scam » or « washing scam ».
« The Toronto Police Service asks the public to be aware of this fraudulent scam and to remember that if it sounds too good to be true, it probably is, » police said in a news release. Thursday.
A cache of seized counterfeit and Canadian currency is seen in this undated image. (Toronto Police Service)
Police say these scams are accomplished by giving the victim a large amount of black or white pieces of paper the size of a banknote. The fraudster then convinces the victim that if he buys him a special solvent, he will remove the dye on the paper and they will become real banknotes.
Ndorley faces six counts, including robbery with a firearm, carrying a concealed weapon and possession of counterfeit money.
Investigators are asking anyone who has been a victim of this scam or who has more information to contact police at 416-808-5500 or Crime Stoppers anonymously at 416-222-TIPS.
Ajax resident Hallie Ndorley, 48, faces charges in connection with a robbery and fraud investigation in Toronto. (GST Document)