Money Matters - Simplified

LAPD warns of lottery scam

Los Angeles -- Police in Los Angeles said con artists with bogus lottery tickets are targeting Spanish-speaking residents.

Investigators said the swindlers operate by approaching someone and showing a lottery ticket that's supposedly a winner, the Los Angeles Times reported Friday.

Police said the con artists tell a victim they can't cash the ticket because they are illegal immigrants and offer to share the money if the resident will turn it in for them. The victims are asked for valuable collateral, including money or jewelry, in exchange for the bogus lottery tickets.

Officers said the swindlers will often call an accomplice, who claims to be from the state lottery office, to verify a false ticket.

Copyright 2010 United Press International, Inc. (UPI).

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