My husband just went and cashed his check at Wells Fargo. He only had $3.00 in $1.00 bills in his pocket until cashing his check. Then he went to the store and tried to pay with one of the fifty dollar bills he had just gotten at Wells Fargo. Well, they told him it was no good. They showed him it had 3 marks on the bill already which he didn't notice before. He could have only gotten these bills at Wells Fargo. So then he went to another store and while he was on the phone with me one of the helpers at this store overheard our conversation. He said we could do whatever we wanted but that the bank will take the fifty and not give us anything in return because we can't prove that's where we got it. Then he looked at the bill and it has the red & blue ink and the threads it is supposed to have. Also has the strip in it. I didn't think the bank could make a mistake like this. Don't they have to check the cash they are passing out? Are we just out the cash. I have no idea how many of the bills are even good that he has? What would you do. It's about 2k. I guess we should shred the fifty so we don't get in trouble trying to get rid of it? And take one of those pens in and mark all the bills before accepting them in front of the cashier? If the bank can't tell, how the hell are we supposed to know when they give them to us?
Quoting: Anonymous Coward 886477You are assuming WF can't tell true from counterfeit currency... I wouldn't make that assumption.
As to what to do at this point? Fake money works like this: He who has it last gets shafted.
Now another person could have walked into the bank 5 minutes prior to your husband's arrival and given the teller 2 fake 50's and said: "I need change - 100 One dollar bills please." And if the teller couldn't see they were fake, she'd put them in her drawer and then they were handed out to the next sucker who walked in (sorry, but your husband).
The only way not to get stung is to recognize while still in the bank the first time that it is fake and point it out to them. Then they are on the hook for it (though I'm sure , being a bank, there is some program in place for them to get refunded 100% of their losses plus something else fortheir troubles).
So all you can do is:
Eat it
Or
Attempt to pass it on to some other unsuspecting person and stick 'em with it. But now you know the truth so you could be arrested for counterfeiting if someone were to say you passed a bad bill knowing it was bad.
