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Counterfeit $100

Discussion in 'Non-Vegas Chat' started by VeddaLasVegas, Aug 8, 2013.

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  1. lmondun

    lmondun Low-Roller

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    I have had occasional trouble in the past with $100 bills from a casino being rejected by an ATM. I always just presumed that it was because the bill itself was tattered or had been marked upon (why someone would doodle on a $100 is beyond me). Never occurred to me that it might be counterfeit. In the most recent instance, it was a bill I had received from a jackpot hand pay in Vegas. After the ATM kicked it back I noticed that it had some handwriting on it, so just used it to buy some groceries at a local supermarket. I hope the Feds don't come calling!
     
  2. Keyser Soze

    Keyser Soze Low-Roller

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    I would either:

    1) contact the secret service, or

    2) keep it as a souvenir.

    No chance I would try to pass this off to the "next guy." Never.
     
  3. nubia11

    nubia11 Low-Roller

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    I think this would be my approach, if I knew exactly where I received it. Otherwise, just turn it in. Sucks to lose the dough but certainly not worth committing fraud to get it back.
     
  4. Vladimir

    Vladimir Low-Roller

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    Funnily enough - that was the first thing I thought of when I saw this post!

    A couple of trips ago the lady at the Starbucks in the airport (by baggage claim) told me my $50 was fake and I was c**pping it until she laughed.

    In the UK we have quite a problem with fake £1 coins (about 1 in 30 is fake - was 1:20 a few years back), I will only ever cash them at the place I got them out of principle.

    It is risky but you could cash it at the same casino buying into the table games. Would I do this? No chance.

    Likewise you could do this by spending it at a small store that doesn't really check large notes (but if this is a local place - the chances are they would remember someone spending a hundred - especially when it is returned when they bank it!), but if this was a small non-chain place I just wouldn't feel right doing it. In the UK they would have to make at least £400 in sales (assuming 25% margin) just to make up for the fake 100- I imagine it wouldn't be that different in the US. In my local store that could be a whole day's sales.

    Unfortunately - the best thing you can do here is write it off. Keep it as a souvenier or whatever. Or better still give it as a wedding present to someone you don't really like!!:beer:
     
  5. Quixote

    Quixote Tourist

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    As for passing it off to the next guy, I want to ask this: If you were mugged for $100, would you mug the next innocent person you encountered to get it back?
     
  6. VeddaLasVegas

    VeddaLasVegas Low-Roller

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    Thanks for all the suggestions. My husband is actually going back to Vegas for a business conference next month. He's not going to pass it to someone else. He was hoping to take it back to the casino if they kept track of serial numbers. I guess if we can't get the money back from the casino we will shred it. Thanks!
     
  7. Viva Las Vegas

    Viva Las Vegas Ramblin' Gamblin' Man

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    My friend received a counterfeit bill at Farimount Race Track, didn't realize it, and was pulled into security at Maywood Park 20 minutes after using it to make a bet (the mutual clerk spotted it after he made the bet). They questioned and released him as they were reasonably convinced of his story.

    You should always look for the $100 bill strip within the bill which is easily readable when held to light. I sort through the bills quickly on the side at the cashier or at the bank (newer bills also have watermarks).
     
  8. ABQJeff

    ABQJeff Low-Roller

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  9. Huddler

    Huddler VIP Whale

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    No. Just f'n no! This about as low budget as one can get, not to mention illegal.
     
  10. Julie888

    Julie888 VIP Whale

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    Call the casino right away and tell them what happened. Can't hurt. They likely want to know too. If you're a regular, they might compensate you.

    I always thought that the money counter machine picked up counterfeits. Guess not.
     
  11. chitownjohn

    chitownjohn High-Roller

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    You might as well shred it now, because there's no way the casino is going to exchange it for a legit $100. :cry: They would go out of business in a heartbeat if they exchanged counterfeit money for every tom, dick, and harry that walked into their casino with phony money.
     
  12. lvmb

    lvmb Low-Roller

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    You're right. In all fairness, it was years ago I read this.
    Since the money came from a single source there's every likelihood the whole batch she received was bad. She probably passed several which got spotted after the event, and then they got tracked back to her.
     
  13. tatterdema

    tatterdema VIP Whale

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    I cannot believe the bank didnt keep it either. Even as a store clerk, or hotel clerk, had I encountered a $100, that I knew for positive was fake, I would have held it and called the police.

    This is what the US Treasury recommends for store clerks who think they have a counterfeit... let alone a BANK clerk.

    •Do not put yourself in danger.
    •Do not return the bill to the passer.
    •Delay the passer with some excuse, if possible.
    •Observe the passer’s description – and their companions’ descriptions – and write down their vehicle license plate numbers if you can.
    •Contact your local police department or call your local Secret Service office.
    •Write your initials and date in the white border area of the suspected counterfeit note.
    •Do not handle the counterfeit note. Place it inside a protective cover, a plastic bag, or envelope to protect it until you place it in the hands of an identified Secret Service Special Agent. You can also mail it to your nearest Secret Service office.
    Remember, if you are passed a counterfeit bill, you own it. So when accepting cash, it pays to be knowledgeable about the crime of counterfeiting.
     
  14. topcard

    topcard Celebrating 40 Years of Vegas Trips in 2020!

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    This.

    If they call you on it, you can honestly tell them that you got it from them!
    :beer:

    Adding this:
    If you wish to be more formal about it, take it to the cage and tell them that you were given the bill in exchange for chips on the date that you got it...hopefully, you remember the approximate time as well.
    They can pull video to confirm it, if they wish. If they refuse, then report to secret service that the casino paid you with a conterfeit note. You will be telling the truth.
    The casino will then feel very compelled to check the video.
    Yes, it is only your word that you got it from them, but I think it would fairly compelling that you would be willing to go through that much hassle for 1 note.

    As someone else posted, if you're a regular player there, there's a good chance the casino will check the video & give you you something in exchange...even if it's just 'match-play' chips.
    That's probably the way to go.
     
    Last edited: Aug 9, 2013
  15. wigwam_salesman

    wigwam_salesman VIP Whale

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    If they gave it out then I'd have no problem giving it back.
     
  16. DOUBLE B

    DOUBLE B Tourist

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    Why should someone have to pay for a casinos error---accepting a fake $100. With all the money a casino has passing thru you would think they would have a way to check every bill before PASSING IT ALONG and are accepting it. It a casino makes the decision they will accept fake $100 (by not checking everyone of them) bills then why should I have to suffer the consequences and make up for it if its given to me? This is a good set-up for casinos to laundry counterfit money-just pass it along!
     
  17. theotherone

    theotherone Low-Roller

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    I just have to believe they *think* they are truly checking these things out, and for a while they are catching the counterfits, but along comes a new type that passes the machine.

    In the end, it sounds like you are stuck with the 'hot potato'. Like others have said, either contact the SS, contact the casino, or save it as something to mesmerize your grandkids with.

    Otherwise your only option is to wait until you see the creator of this fake on the next 'Breaking Vegas' or 'Vegas Cheats' show when they finally catch him!
     
  18. Terry Benedict

    Terry Benedict VIP Whale

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    Good luck getting real money back from the casino. I think what you will need to know:
    Exactly which casino you got it from.
    Exactly what time you got it.
    Exactly which cage or hand pay you got it from.
    Your only saving grace will be if they still have the high-def video of your "money" being counted out clearly enough that they can read the serial number.

    Otherwise, you got some funny money and there's pretty much nothing you can do about it. Passing it on is a crime. You don't want to admit it, but it is. Burn it.
     
  19. DOUBLE B

    DOUBLE B Tourist

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    If you got get your money from a cage at a casino-----they have a recorded video of you being paid and also the SERIAL number of each bill.

    I once cashed out chips and vouchers at a casino cage and the attendant gave me less than I turned in. I did not catch it until I had left the cage area. I went back and told the attendant what happened. He got a supervisor and long story short they reviewed the video of me being paid and the video will actually showed the serial number of each bill and that I was shorted the amount I should have got. The money is always counted out with the serial numbers facing up so it can be read by the video camera. The video will zoom in to read every number/letter on a bill.

    I got all my money (after about a 30 minutes delay) with an apology.
     
  20. Joe

    Joe VIP Whale

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    Being my nature, I am VERY skeptical of this.:peace:

    I worked in retail for a time and we always sorted the bills in one direction in the cash drawer, but now I get bills at a casino cage that are in different directions and occasionally upside down when they pay me.
     
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