Prison for Indiana man in 'black money' scam in RI - 13 WTHR Indianapolis

Prison for Indiana man in 'black money' scam in RI

Updated:
PROVIDENCE, R.I. -

A federal judge in Rhode Island has sentenced an Indiana man to nearly two years in prison for his role in a so-called "black money" scam.

The scam involves criminals convincing people that black construction paper is actually money dyed black, and persuading them to exchange it for real money.

The U.S. Attorney's office in Providence announced Friday that Alvin Pennue, of Indianapolis, was sentenced to 21 months in prison.

Sentencing occurred more than two months after a jury convicted the 32-year-old Pennue of two counts of passing altered currency and one count of interstate transportation of stolen property.

Pennue was arrested in October 2011 after he persuaded a victim to withdraw $5,000 from his bank account in Massachusetts and bring it to Providence to invest in the scheme.

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