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Victor Lustig and His Money Box Scams

This image depicts an exterior view of the type of "money box" which Victor Lustig used to con fellow passengers on luxury ships traveling between France and America.

Inside the box, Lustig would hide real money—$100 bills—about which his intended victims had no clue.

Never revealing the truth, Lustig pretended to turn blank paper into $100 bills by operating some cranks and knobs on his money box.

Gullible people did not guess that the blank paper always remained blank paper and the "C Notes," which Lustig showed them, were real dollars, made by the U.S. Mint, not $100 bills which Lustig's box could produce.

Lustig made sure that he was long gone before the highest bidder figured-out the scam. How did he do that? By relying on what seemed to be a legitimate reason for a six-hour delay in retrieving the newly created bills from the box.

After all, it took a while for the ink to dry ... didn't it??

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Author: Carole D. Bos, J.D. 5186stories and lessons created

Original Release: Aug 19, 2015

Updated Last Revision: Jun 02, 2016


Media Credits

Exterior of a Victor Lustig money box, online via "The Bygone Times."

 

To cite this story (For MLA citation guidance see easybib or OWL ):

"Victor Lustig and His Money Box Scams" AwesomeStories.com. Aug 19, 2015. May 20, 2019.
       <http://www.awesomestories.com/asset/view/153829>.
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