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Statements

Subject Item
dbr:Poughkeepsie,_New_York
dbo:wikiPageWikiLink
dbr:Green_goods_scam
Subject Item
dbr:List_of_con_artists
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dbr:Green_goods_scam
Subject Item
dbr:List_of_confidence_tricks
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dbr:Green_goods_scam
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dbr:Green_goods_scam
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dbr:Green_goods_scam
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dbo:Organisation yago:WikicatConfidenceTricks yago:Activity100407535 yago:Abstraction100002137 yago:Transgression100745005 yago:Act100030358 yago:Event100029378 yago:PsychologicalFeature100023100 yago:Fraud100769092 yago:Bunco100779248 yago:Wrongdoing100732746 yago:Swindle100780148 yago:Crime100766234 yago:YagoPermanentlyLocatedEntity
rdfs:label
Green goods scam
rdfs:comment
The green goods scam, also known as the "green goods game", was a fraud scheme popular in the 19th-century United States in which people were duped into paying for worthless counterfeit money. It is a variation on the pig-in-a-poke scam using money instead of other goods like a pig.
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dbo:abstract
The green goods scam, also known as the "green goods game", was a fraud scheme popular in the 19th-century United States in which people were duped into paying for worthless counterfeit money. It is a variation on the pig-in-a-poke scam using money instead of other goods like a pig. In the typical green goods 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 for sale. This currency was sometimes alleged to have been printed with stolen engraving plates. Victims, usually living outside major cities, would be enticed to travel to the location of the green goods men to complete the transaction. Victims were guided by a "steerer" to be shown large amounts of genuine currency – represented to be counterfeit – which was then placed in a bag or satchel. Victims then received offers to purchase the money at a price much less than face value. While a victim negotiated a price or was otherwise distracted, another accomplice (the "ringer") would switch the bag of money for a bag containing sawdust, green paper, or other worthless items. Victims would leave unaware of the switch, and were unwilling to report the crime, as attempting to purchase counterfeit currency was itself a crime and the victim risked arrest.
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