Subj: Counterfeit Bills, Found In Two Chase ATMs In Manhattan, Total $110,000 In Fake Money
Appears that our Fed is getting a lesson from a competing counterfeiter. Message learned: accept no FRNs (at least $100 notes). If a person is stuck for the damages for accepting (see video), why can’t Wal-Mart (or Chase, JPM, Citi, etc.) management be arrested by the Secret Service? If a person loses by leaving the store or bank with phony notes, why aren’t the retailers mandated to post signs upon entry: WARNING: Our Cashiers and ATMs May Tender to You Counterfeit Notes other than Authorized Federal Reserve Counterfeits!
Counterfeit Bills, Found In Two Chase ATMs In Manhattan, Total $110,000 In Fake Money http://www.huffingtonpost.com/
Counterfeit Bills, Found In Two Chase ATMs In Manhattan, Total $110,000 In Fake Money
Nearly $110,000 in counterfeit bills were discovered at two Chase ATM's in Midtown on Monday.
According to police, the forged bills were detected at the bank's branches on West 57th Street and on Ninth Avenue by an alarm monitoring for counterfeit money. They were also easily distinguishable as fake because they only had printing on one side of the bills.
The New York Times reports a 26-year-old employee at NCR Corporation, an electronics company that works with ATMs, is suspected to have stolen the real cash. He is believed to be in the Dominican Republic.
Two customers also alerted bank officials after attempting to take out cash and recognizing the counterfeit bills.
A statement from JP Morgan Chase said, "We are working to get all the facts and don’t want to come to any conclusions too early. Obviously, all of our customers who withdrew money will be made whole.”
Counterfeit Bills, Found In Two Chase ATMs In Manhattan, Total $110,000 In Fake Money http://www.huffingtonpost.com/
Counterfeit Bills, Found In Two Chase ATMs In Manhattan, Total $110,000 In Fake Money
Nearly $110,000 in counterfeit bills were discovered at two Chase ATM's in Midtown on Monday.
According to police, the forged bills were detected at the bank's branches on West 57th Street and on Ninth Avenue by an alarm monitoring for counterfeit money. They were also easily distinguishable as fake because they only had printing on one side of the bills.
The New York Times reports a 26-year-old employee at NCR Corporation, an electronics company that works with ATMs, is suspected to have stolen the real cash. He is believed to be in the Dominican Republic.
Two customers also alerted bank officials after attempting to take out cash and recognizing the counterfeit bills.
A statement from JP Morgan Chase said, "We are working to get all the facts and don’t want to come to any conclusions too early. Obviously, all of our customers who withdrew money will be made whole.”
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