I will from now on. But what about the drive-thrus and the money machines?
Did I read that he cashed the check 15 mins before closing and then returned 20 mins later? Hmmm.
Yeah, it's eaither a color printer or a laser printer - hard to tell which...
I doubt that's what he said.
So they're not merely saying it isn't their problem -- they're accusing Sweeney of being a liar. Nice.
I don't necessarily believe this guy. He could have slipped a fake one in there and hope his credit union doesn't spot it, and if they do, "Oh, it came from Key Bank".
This kind of crap is pulled all over the place.
Why did this guy get bundles of cash and not a cashier's check?
It does sound suspicious, and I'm not familiar with the procedures inside the bank, but how does Key Bank know that one of their employees (maybe weeks prior to this), didn't slip the $100 bill in the stack? Sometimes they count the money very fast and if it's coming from their own safe, then they may only be focused on the counting part, assuming that it's all legit already.
Before I quit working to persue a Masters Degree, I worked for my cities utilities department. The main duty of my position was to investigate bounced and fraud checks, stolen credit cards, theft of services etc. This position also included handling any counterfeit bills that came into our office.
One of our long time customers, an elderly widow, came in each month to pay her electric and water bill in person. Each month she would go to her bank, withdraw the money in cash, come into our office and make payment. After one particulary hot month, her bill was much higher than usual. After she made her withdraw, she had a little over $40.00 to last her a week until her next SSI check would be deposited.
After giving the money to one of our cashiers, the cashier discovered one of the $20.00 bills she presented was a fake. I was called to handle the problem. Our policy was to confiscate the bill and contact our local police department. The customer however was out the money. We neither gave them credit for the amount or returned to them the bill. The cities policy on bill payment was simple, pay your bill in full, every month, or you were shut off. As you can imagine she was very upset and scared her power and water would be disconnected.
After showing us the balance in her checking account and begging my manager to not turn her off for the conterfeit bill (he refused saying policy was policy) she became pretty upset and begged him to give her one week to bring in the $20.00 when her SSI check came in. My manager, being the wonderful, kind-hearted man he was (sarcasm alert) still refused.
I'm a sucker for animals, children and the elderly. Especially elderly folks who have a very tight, fixed income budget they try to live on month to month. I told her to calm down and that I would pay the $20 out of my own pocket, at first she refused but I eventually convinced her saying I would not let her have her power turned off for something that was not her fault.
That very morning, I had gone to the same bank our customer had gone to and withdrew $40 from theie ATM. I grabbed my wallet and gave the cashier one of the $20's. We had scanning machines that each bill was passed over to detect counterfeit bills. As soon as she put my $20 through the scanner it popped up counterfeit. Two bills, both $20's from the same bank, and both no-good. Luckily the second $20 I had was good and we put it on her account.
To make a long story short, the police came in, and we handed them the bills. Both of us were given police reports with copies of the bunk money. Both of us went over to the Bank to speak to the manager. Our customer could easily prove the money had come from them since every month she came in, gave the teller her utility bill and had the exact amount of the bill taken from her account in cash. The teller clearly remembered giving it to her. I had the ATM receipt from my transaction as proof. However the manager of the bank; a national bank who's initials are BA, refused to replace the bills, even though she admitted they probably came from her branch. Their policy was once the customer left, it was no longer the banks responsibility.
The lesson to this long story is simply this, check your money before leaving the bank, regardless of the "security measures" most banks claim to have to detect counterfeits. they can and do get through.
Secondly, if you can not tell the bill is bunk, as the teller to scan the bill to assure it is authentic. I have been presented with counterfeit bills that had the security marks, felt perfectly normal and to the trained eye and hand, were undetectable as fakes. If they refuse, ask to cash the bill into a smaller amount.
The third and final is this. I received on average 2 bad bills a week and by far, the most common demonination was $20 followed closely by $50. Pay particular attention to these bills. If you live in an area where counterfeit bills are common, go into an office supply store and purchase a "counterfeit bill detector pen". They are under $5 and turn color (usually black) when touched to a counterfeit bill. I carry one in my purse and check every $20 I get in change, from an ATM or at a bank. Better safe than sorry.
I would make myself a sign saying" this bank cashes checkes with counterfeit money and walk around in front of their building whenever I had nothing else to do. This guy wouldnt stir this much crap if he hadnt take a screwing. If the bank charges $5 to cash one of their own checks they should guarantee they give you real money. Some folks think just because its a bank this plac is right. I dont, I have seen banks before who had crooks working there.
The bank found a way to rid themselves of their problem.
I would think that if they wanted to put out the effort, they could check all the finger prints on the fake bill. The story says that the bank teller counted it three times, so there is likely at least one good print on it from the teller. That would at least help the guy with his claim that he got it from there.
??? Never heard of that before? Why didn't he get a teller's check or a money order? Who the heck (other than terrorists and drug dealers) walks around with $4700 in cash?
I have know doubt that many countries forge our currency and influence the value of currency globally.
I'm still trying to figure out why a bank closes at 2pm???
Here's a question for anyone. Do banks sort out Canadian coins?
I get a lot of them in change and I probably spend a lot of them. Everyone seems OK with pretending a Canadian quarter is worth 25 cents rather than its true value which is probably about 20 cents.
I know it's not as important as counterfeit 20s, but I've always wondered.
Whoa! The bank charges him $5 to cash a check that was written on an account at that bank?
I thought a check was supposed to be worth the amount written on it. If I write someone a check from my bank account, I sure as heck expect that person to be able to collect the full amount I wrote it for if they go to my bank. If the bank won't give the person to whom I wrote the check the full amount, then the check isn't really a "good" check, now is it?
How do they get away with this crap?