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Shedding light on ?black? dollars

WHAT ARE ?black? dollars? This question was on everyone?s lips after Ramesh Prajapati was nabbed with 165 ?black? dollar notes. THE ?BLACK? DOLLAR ?Black? dollars are notes with a black coating. The coating helps the notes to pass off as mere paper. Only when they are dipped in a particular solution the ?black? notes turn into original dollars.

india Updated: Jun 16, 2006 00:11 IST

WHAT ARE ‘black’ dollars?

This question was on everyone’s lips after Ramesh Prajapati was nabbed with 165 ‘black’ dollar notes.

THE ‘BLACK’ DOLLAR

‘Black’ dollars are notes with a black coating. The coating helps the notes to pass off as mere paper. Only  when they are dipped in a particular solution the ‘black’ notes turn into original dollars.

THE NETWORK

The ‘black’ dollar network functions through the Internet. If you are Net savvy and spend some time on chatting, beware of any stranger offering you dollars for charity. However, if you take the bait, you may be connected to people from the underworld and international smugglers active in circulating ‘black’ dollars across the world.

The ‘black’ dollars are in fact being supplied to the underworld through general public. And, the mafia gives a hefty sum in return for getting the work done through you, and that too in the form of ‘black’ dollars.

If a girl named Maria or Lolita offers you monetary gains in the chat room, ignore it as you may not only land in big trouble but may also be booked for cyber crime.The smugglers use the ‘black’ dollars to widen their business at the international level. The people involved in this clandestine trade belong to Nigeria, Philippines, United Kingdom, Sri Lanka and the United States besides many more.

After being supplied the ‘black’ dollars, foreigners will contact you in metros like Mumbai or Delhi. The racketeers then offer you 25 per cent of the booty with some of the amount being paid in ‘black’ dollars.

HOW PRAJAPATI GOT INTO IT
Maria from Nigeria contacted Prajapati in the chatting room and offered 25 per cent of the $2 crore she wanted to send to India. For this, Prajapati was delivered 1500 ‘black’ dollars by two Nigerians at Hotel Welcome in Mumbai.

They also gave Prajapati e-mail IDs of several smugglers active in different countries of the world. After successfully converting the ‘black’ dollars into rupees, Prajapati contacted other smugglers in various countries and made a proposal, similar to the one offered to him on the net.