Suspects Sought In Bizarre Chemical Money Scam
Posted September 1, 2006 12:00 pm.
This article is more than 5 years old.
Three people were apparently approached by the two-well dressed suspects, police said, and one person was defrauded of $49,000.
Authorities outlined how the alleged scam worked. They claim the men targeted a banquet hall owner, telling the victim they were interested in purchasing the business.
Over a number of meetings with the business owner, the suspects allegedly told the victim they had a large sum of American cash that’s been brought from Nigeria, but add the bills had to be dyed black in order to transport them into Canada.
The suspects allegedly told the victim they had to treat the cash with a special chemical to return it to its original form and demonstrated the process in front of the business owner.
Police said the pair then asked the victim to provide some money to purchase more of the “special” chemical.
The victim was told the money he fronted for the conversion process would be returned. The liquid was purchased and the business owner was left to watch black paper turn into American bills as the suspects took off, authorities allege.
In one case, the culprits stole $9,000 cash while the victim was watching the conversion process happen, investigators claim.
Police say one suspect identified himself as Timsipho “Tim” Myimkhulu. He’s described as:
- Black, Nigerian
- about 35-years-old
- 5’4″ and 150lbs.
The second suspect identified himself as Adam. He’s described as:
- Black, Nigerian
- 30-years-old
- 185lbs
The men were seen driving a dark grey older model Acura.
If you can help police track them down, call (905) 453-2121, ext. 3335 or Crime Stoppers at 1-800-222-TIPS.
