How to Beat Paper Money Scams

Paper money scams are as old as the hills. Somebody is hanging around a public space, or even targeting approachable looking cashiers or customers, trying to engage in a little sleight of hand and a little swindling. Don't get roped into any of these common public space scams. Know what to look out for and how to behave to avoid getting scammed out of your paper money.

Instructions

Difficulty: Moderate

1. Don't look approachable. Many scammers skim a crowd for someone who looks sympathetic, naive or lost. When in a public space, move and act like you know where you're going. There's nothing wrong with a little eye contact recognition, but don't linger, and don't feel compelled to be friendly with strangers. A "city-wise" manner will keep you out of trouble: not too stern, but brisk and businesslike.
2. Don't get caught holding the bag. The basic paper money scam involves a trade of some kind of bag, satchel, wallet or envelope in return for some money. A con artist can give you the whole story about how they're trading priceless objects for only a couple of hundred dollars--or just pull a quick sell, confusing you into making a trade. Don't get bamboozled into handing over anything, or handling anything that's not yours.
3. Don't make change. A scammer will show you bills and frame up a transaction that looks right--but it may not be legit. Blank paper can be stuffed in behind bills. No matter how much the stranger in front of you may need change, tell him/her to go to the bank.
4. Don't change currency on the street. For sketchy currency traders, scamming is as easy as 1-2-4. Playing on a foreigner's ignorance of currency values or exchange rates, a swindling currency changer can get you every time. Take your currency to a kiosk to get it changed into the coin of the realm.
5. Be alert. Many of these scams also involve a physical element. The common trick of watching the space around you at all times will protect you. Being alert while a conversation is going on can help you avoid getting roped in--and it can also help you go after the offender if something weird happens. If you got taken in for a split second, follow that scammer! You just might be able to get control of the situation before he gets away.