Usually means: Fraudulent scheme exploiting foreign victims.
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We found 6 dictionaries that define the word chop dollar:

General (6 matching dictionaries)
  1. chop dollar: Merriam-Webster
  2. chop-dollar, chop dollar: Wordnik
  3. chop dollar: Wiktionary
  4. Chop dollar: Dictionary.com
  5. chop dollar: FreeDictionary.org
  6. Chop dollar: TheFreeDictionary.com

Definitions from Wiktionary (chop dollar)

noun:  (historical) A silver dollar stamped to attest its purity.

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