Elderly Asian Women Being Targeted In New York City By Fraudulent Psychic Scam That Has Conned $500,000 So Far By Making Them Believe There Is A Curse On Their Money

The police department in New York City is searching for five women who they believe are linked to con artists. These con artists have been preying on elderly Asian women in Brooklyn, Queens, and Manhattan these past few months.

According to local authorities, the women tricked these victims into handing over thousands of dollars by telling them their money was “cursed.” This trick has been going around in one form or another for years, commonly known as the “Cursed Money Scam.”

New York Daily News reports that it’s successfully scammed about five women of Asian descent in their fifties and sixties out of almost $470,000 in those three New York areas. It’s a complex scam that involves three people playing on one unknowing victim.

How The Scam Works:

First, the first of three scammers approach the victim. It begins with what seems to be an innocent and friendly conversation in the victims’ language. Eventually, they introduce the topic of healers and psychics once they’ve gotten friendly together.

Then the second scammer coincidentally approaches the conversing women, pretending to have overheard their conversation. They commence agreeing with the first scammer’s statement. They usually add that they know the healer/psychic and have been personally helped by them before.

Once they hook the victim, they persuade them to pay a visit to the specified psychic. Once there, the fraudulent psychic lies to them and tells them they have a curse on them. They say that unless the victim pays for a blessing ritual, something dangerous will happen to them or their family.

They tell the victim that they must place all their money and jewelry into a bag to banish this curse. The victim must then give the bag to the ‘healer’ so they can perform a ritual blessing on it. Before returning the pouch to the victim, the fraudulent psychic replaces the valuables with water bottles.

Who Are Some Of Their Past Victims?

In April of this year, one 55-year-old victim fell for the scam and handed the con artists $280,000 in cash plus jewelry outside of a restaurant. A week after, the scammers conned a 61-year-old woman out of $130,000 in cash in Bath Beach.

In May of this year, an elderly Asian woman met the healer in Queens and they scammed her out of $20,000

In May this year, an elderly Asian woman met the healer in Queens and was scammed out of $20,000. Last month in Manhattan, they conned a 69-year-old woman out of cash and jewelry that added up to about $20,000.

The latest known victim is a woman, 54, who got tricked into giving the fake psychic about $3,000 worth of jewelry and $19,000 in cash on June 22nd at Borough Park.

Why Older Asian Women Specifically?

Authorities believe the scammers are explicitly targeting Chinese senior citizens for the following reasons:

  • Older Asian women are less likely to keep their money in banks, holding on to it at home instead.
  • They’re more likely to talk to someone who speaks the same language since they are less likely to speak English.
  • They’re more likely to believe in superstition.
  • Their culture makes them less likely to talk about what happened to them after being scammed out of shame.
  • Due to their strong sense of family, they’re likelier to believe a psychic who tells them their family’s in danger.

The Cursed Money Scam originally developed in Hong Kong and China but is now becoming more rampant in overseas Chinese communities and Chinatowns such as Los Angeles, New York, San Francisco, Seattle, Australia, Scotland, Turkey, and England.

Police haven’t caught them yet, but they released photos of five Asian women who are currently wanted to “assist with inquiries” about the case.

If you or anyone you know has reliable information concerning these women, please call Crime Stoppers at (800) 577-TIPS to assist the authorities.

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Angela Moore founded Psychic Review Online in 2008 after being scammed out of her life savings by a psychic con artist. Since then she has devoted her time to rooting out the frauds and helping people find a real psychic reader.

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