The Pigeon Drop: No dry cleaner required. Scammers will clean you for free.

Recently -- and I kid you not -- I found a $100 bill as I got into my car after buying groceries. It was on the ground beside my door, folded in thirds. I immediately thought someone was setting me up for a Pigeon Drop, but no one approached and no other people were around, so I put the bill in my pocket.It took weeks before I used that money. Finding $100 is just too rare a thing. I wondered if it was counterfeit. I eventually went to a bank, they looked the bill and marked it. It was real.This is the essence of the Pigeon Drop. Money is found, two strangers approach, suggest dividing it, then set up a series of moves designed to send you to the bank where you'll withdraw thousands of dollars and willingly hand it over to the scammers.Listen in as we tell you how scammers magically turn pigeons into suckers.
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Recently -- and I kid you not -- I found a $100 bill as I got into my car after buying groceries. It was on the ground beside my door, folded in thirds. I immediately thought someone was setting me up for a Pigeon Drop, but no one approached and no other people were around, so I put the bill in my pocket.

It took weeks before I used that money. Finding $100 is just too rare a thing. I wondered if it was counterfeit. I eventually went to a bank, they looked the bill and marked it. It was real.

This is the essence of the Pigeon Drop. Money is found, two strangers approach, suggest dividing it, then set up a series of moves designed to send you to the bank where you'll withdraw thousands of dollars and willingly hand it over to the scammers.

Listen in as we tell you how scammers magically turn pigeons into suckers.

Learn more about your ad choices. Visit megaphone.fm/adchoices