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Counterfeit $20 At School- What Would You Do?

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Coincollector110's Avatar
United States
818 Posts
 Posted 02/17/2016  10:47 am Show Profile   Bookmark this topic Add Coincollector110 to your friends list Get a Link to this Message Number of Subscribers
I never thought I'd actually see one in person, but some guy in one of my classes showed me a 20 dollar bill that was taped up and had a few rips on it. I noticed it felt like ordinary paper and sure enough, it didn't have the security strip or watermark. I've never actually seen counterfeit money in person until now, and I told the guy that if he's gonna use it, be careful since he'll get in trouble if it's caught. What would you do here, and have any of you ever seen counterfeit money in person?
Edited by Coincollector110
02/17/2016 12:43 pm
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CelticKnot's Avatar
United States
12815 Posts
 Posted 02/17/2016  1:21 pm  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
Technically it should be reported to the Secret Service or turned into a bank where they can do that. The risk is being out $20, which doesn't quite seem fair if the note came into your acquaintance's hands in a legal manner.

I have a hard time believing that an ATM would issue a counterfeit note so either that person was paid for a service with a bad $20 or received it in change by breaking a $50 or $100 note. I'm sure there are other possibilities but those are the two that spring to mind.
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Coincollector110's Avatar
United States
818 Posts
 Posted 02/17/2016  1:28 pm  Show Profile   Bookmark this reply Add Coincollector110 to your friends list Get a Link to this Reply
Well the guy didn't seem too concerned when I told him it was fake because apparently, he sold drugs on the street to someone and that "customer" shorted him 20 bucks which he didn't notice at the time.
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Buddy's Avatar
United States
7075 Posts
 Posted 02/17/2016  1:48 pm  Show Profile   Bookmark this reply Add Buddy to your friends list Get a Link to this Reply
Stay out of it and stay away from him. (I'm saying that in my grandma voice.)

It would be a whole different situation if you knew (not suspected) who was manufacturing these notes. You don't. So for now it's best to stay out of it.

(I'm going to worry about you now....- not really, you're smart enough to care of yourself.)
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Coinfrog's Avatar
United States
94367 Posts
 Posted 02/17/2016  3:51 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Good advice. At least it was an interesting experience.
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moxking's Avatar
United States
17900 Posts
 Posted 02/17/2016  6:42 pm  Show Profile   Bookmark this reply Add moxking to your friends list Get a Link to this Reply
Stay away or report. Counterfeit bills gets the Fed's seriously nutso.
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mritchie77's Avatar
United States
100 Posts
 Posted 02/18/2016  3:15 pm  Show Profile   Bookmark this reply Add mritchie77 to your friends list Get a Link to this Reply
At the bank we have to confiscate them and mail them to the Secret Service. Customer gets shorted that amount. I know for a fact that the ATM will not accept them as ATMs have security programs...and that I had to get a counterfeit from a customer who said the ATM wouldn't accept it.
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jaycurrency2000's Avatar
United States
53 Posts
 Posted 02/22/2016  02:06 am  Show Profile   Bookmark this reply Add jaycurrency2000 to your friends list Get a Link to this Reply
I've seen a 1988 $100 fake at the bank and I've had a 1865 $5 NBN that was counterfeited.
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trout1105's Avatar
Australia
7096 Posts
 Posted 02/22/2016  03:37 am  Show Profile   Bookmark this reply Add trout1105 to your friends list Get a Link to this Reply

Quote:
Well the guy didn't seem too concerned when I told him it was fake because apparently, he sold drugs on the street to someone and that "customer" shorted him 20 bucks which he didn't notice at the time.


I think you should be more concerned with this jerk selling drugs than if the money he is paid for these drugs is "kosher"
This person is a Maggot
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sel_69l's Avatar
Australia
21786 Posts
 Posted 02/22/2016  05:14 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
Report anonymously. If the Police want your name, make sure that it is protected.
I hate drugs, counterfeit bills and corrupt police.

If this happened in Mexico, I would just keep quiet.
I love my life and those close to me.
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