Fraud Expert Explains ‘Black Money Scam’ To ‘Dr. Phil’ Guest

Candice and her aunt, LouAnn, say they are concerned that Candice’s mother, Lois, keeps falling for online romance scams. The women claim that Lois has been left “destitute” after giving away upward of $100,000 to several digital sweethearts Lois says she believes are real. TELL DR. PHIL YOUR STORY: Want Dr. Phil to Investigate a Situation or Possible Scam? Dr. Phil tests several “bills” from stacks of “white money” that Lois says she received from an associate of one former online love interests. Still, she rejects the results of the test when the paper slips she says she believes to be U.S. $100 bills disintegrate after being washed in a “special” solution meant to reveal the currency underneath a white coating. WATCH: Dr. Phil Performs Test On ‘White Money’ His Guest Insists Is Real U.S. Currency “This is called a black money scam,” says Ron Williams, a retired United States Secret Service agent, fraud expert, and CEO of Talon Companies, a security and risk management firm headquartered in Costa Mesa, California. Explaining the process that he says the man likely used to convince Lois that the stacks of “white money” were genuine U.S. currency, Williams continues, “He used sleight of hand.” Does Lois resist believing the evidence that has been presented? And later, Lois says she feels like she is “between a rock and a hard place” when it comes to choosing between two online love interests she admits she has never met in person. Part two of this three-part episode airs Tuesday. Check here to find your local listing. TELL DR. PHIL YOUR STORY: Outrageous drama turning your life upside down? Dr. Phil tells compelling stories about real people. The Dr. Phil Show is an American daytime talk show and TV series with host and personality Dr. Phil McGraw, who offers advice from his experience as a psychologist. The show provides the most comprehensive forum on mental health issues in the history of television. For over a decade, Dr. McGraw has used the show s platform to make psychology accessible to the general public by addressing important personal and social issues. Here on the Dr. Phil YouTube channel, you will find the best moments, highlights, and segments from the TV show. We upload new videos every day, so make sure you subscribe and ring the bell for all notifications, so you don t miss a single one. Full episodes of the Dr. Phil Show premiere every weekday on CBS, with a new season premiering every fall in 2020, 2021, 2022, and 2023. Each full episode contains an interview or multiple interviews with doctors, teens, families, parents, kids, and more. The executive producers are Phil McGraw and showrunner Oprah Winfrey of OWN. Dr. Phil is the top-rated daytime talk show attracting millions of viewers every day alongside other talk shows, including The Ellen Show with Ellen DeGeneres, The Dr. Oz Show, The Kelly Clarkson Show, and The Steve Wilkos Show. Dr. Phil makes regular appearances on The Tonight Show Starring Jimmy Fallon, Jimmy Kimmel Live, and The Late Late Show with James Corden. Dr. Phil has also done crossovers with 90 Day Fiancé and Inside Edition. Do you want to be on the show? https://bit.ly/BeOnDrPhilShow https://www.drphil.com Facebook: https://www.facebook.com/drphilshow Twitter: https://www.twitter.com/drphil Instagram: https://www.instagram.com/drphil TikTok: https://www.tiktok.com/@drphil #DrPhil #PhilMcGraw #DrPhilShow