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The (Fraud) Trick That 'Turns $300 Into $300,000'

VICE TV2:03

Transcription

My name is Mr. Gold and um I'm here to talk to you about what we call wash. And basically what I want to show you now is how we can turn $300 into maybe $300,000.

Sometimes we've targeted underworld people because number one they're the only people who will have substantial amount of money sitting down at home unaccounted for. Yes, we have taken money from the IRA. We were not intimidated by them at all.

Maybe I'll say I'm the assistant to bin Laden. I have exclusive access to his hold of money. The job now is to move the money from where it is to the west where it can be dealt with properly.

But then we now tell them that unfortunately the money has come defaced. But it's not an issue because this is how security services normally move the money and there are chemicals available in order to wash the money. The idea now is for him to buy enough chemical so that we can do his wash by the end of the week. We could never tell him what the secret chemical is. It's not really expensive, but we will tell him it's very, very expensive. It's only available to governments and whatnot. Magic.

So, you give them this. So, there you go, Mr. Client. Go down the road, buy some McDonald's. By time they come back, the chest will be gone. Everything will be gone. Everything will be clean. People actually believe it. Yes, they do. They believe it.

To be honest with you, I could not be in the room cuz I would laugh. I've got a nice house. Yeah, the cars, the women, the whole shebang. There's a lifestyle that has been bought with this kind of business.