Information | |
---|---|
has gloss | eng: The green goods scam, also known as the "green goods game", was a fraudulent scheme popular among 19th-century "confidence games"in the United States. In the typical green goods scam, which bears a resemblance to the modern 419 Scam, the mark, or victim, would respond to flyers circulated throughout the country by the scammers ("green goods men") which claimed to offer "genuine" counterfeit currency, sometimes alleged to have been printed with stolen engraving plates, for sale. The victim, frequently recruited from areas outside major cities, would be enticed to travel to the location of the green goods men to complete the transacton. After meeting with an accomplice (the "steerer") the victim would be shown large sums of genuine currency - represented to be counterfeit - that was then placed in a bag or satchel, which the victim would be offered the opportunity to purchase at just pennies on the dollar. |
lexicalization | eng: Green Goods Scam |
instance of | (noun) a swindle in which you cheat at gambling or persuade a person to buy worthless property bunco game, bunco, confidence game, bunko game, con, flimflam, bunko, gyp, sting, confidence trick, con game, hustle |
Lexvo © 2008-2025 Gerard de Melo. Contact Legal Information / Imprint