The police today issued a warning about the presence of people carrying out ‘black/white money scams’ in Malta.

In a statement, they said the perpetrators usually said they were in possession of a quantity of money that has been smuggled out of their country of origin. To evade the authorities, this alleged money would have been hidden using black ink (black money) or bleached (white money). They would also sell chemicals purportedly to be used to restore the money to its original state.

More often than not, the perpetrators would set up a demonstration to show how the money is to be cleaned after purchase.

But once the victim purchased the money, he would realise he had not been sold money but black or white paper.

By this time, the perpetrators would have usually left the country.

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