Probation for pair in “black money” scheme

cash gavel money

BUFFALO, N.Y. (WIVB) – A Buffalo man and Syracuse man who admitted taking part in a “black money” scam were sentenced to two years probation on Thursday.

Eugene Cooper, 38, of Buffalo and Gooding Vincent, 38, of Syracuse made up a story about the federal government dying money black or white to send to Africa. The dye was supposedly meant to allow the cash to be secreted past opposition leaders and can be restored by using chemicals, which they claimed they could provide.

Cooper and Vincent told a confidential informant in July 2013 that they had obtained $10,500 in this currency from the CIA. They sold it to the informant for $10,000. But the currency was actually blank paper dyed black or white.

Both men pleaded guilty to using paper as money. provides commenting to allow for constructive discussion on the stories we cover. In order to comment here, you acknowledge you have read and agreed to our Terms of Service. Commenters who violate these terms, including use of vulgar language or racial slurs, will be banned. Please be respectful of the opinions of others. If you see an inappropriate comment, please flag it for our moderators to review. Note: Comments containing links are not allowed.

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