TRENTON, N.J. (AP) — A New Jersey man and a Philadelphia resident were indicted Tuesday on charges they scammed victims with worthless paper dyed black that was portrayed as real money and sold to people who paid to have the dye removed.

The indictment was handed up against 38-year-old Nyondah Blay of Trenton and 36-year-old Carl Jenkins, New Jersey Attorney General Jeffrey Chiesa said. Each man is charged with second-degree conspiracy and second-degree attempted theft by deception.

READ MORE: Search For Missing 13-Year-Old Jalen Maxwell In Philadelphia Intensifying

The pair told people they needed several thousand dollars to buy chemicals to extract the dye from the paper, Chiesa said. The men said the money was dyed to avoid detection and was smuggled out of Liberia.

The men promised those who paid for the dye would be repaid several times more than what they gave. Instead, they left victims with worthless paper.

READ MORE: COVID In Delaware: Gov. Carney Says State Expecting Shipment Of 8,000 Doses Of J&J Vaccine After FDA Approval

Blay and Jenkins were arrested in February in Cherry Hill as a result of a sting operation. Chiesa said they attempted to steal $75,000 from someone they believed to be an unsuspecting victim, but the men were arrested after they allegedly took several thousand dollars from the person.

“This indictment should serve as a reminder — if a quick money-making scheme appears too good to be true, it probably is,” Chiesa said.

MORE NEWS: Two More Teens Arrested In Fatal Shooting Of Forrest Keys, UArizona Student Gunned Down In Campus Parking Garage

(© Copyright 2013 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)