New York – Phony $100 and $50 bills are flooding the city — and the feds want your help to stop the high-quality fakes.
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The funny money, on paper that seems genuine and with watermarks and imbedded strips, looks so real that it can easily fool stores and even banks, they say.
So US Secret Service investigators have circulated posters showing the bogus bills’ tiny imperfections, which include a flawed “T” in “STATES” on the $100 and a minuscule dot inside the “5” on the $50.
Investigators seized $148,000 of substitute loot in New York last week, including $97,000 in a raid near JFK, and $65 million last year in the United States, $10 million of it from Peru.
Genuine notes have small red and blue threads in the paper that look like tiny hairs. The fiber, 70 percent cotton and 30 percent linen, is almost impossible to reproduce, with a slightly rough texture and heavier feel than the fakes, agents said.
Be careful! the law states that a bank can seize your money without compensation, even if it’s not your fault.
So if you get such money, don’t deposit it in the bank, just pay your illegal immigrant worker with it.
What’s a coincidence mishpacha junior had a whole article this ween on fake money
… even if you first got it from the bank !!
If you deposit fake money and the bank takes it away,don’t worry. You could it back when you file taxes but who wants to wait a year to get their hard earned money.
The source of most of the phony bills going around are from the Federal Reserve. They were taken off the gold standard years ago, and the difference between the Federal Reserve (which is about as federal as Federal Express) printing and you printing, is you go to jail, and the federal reserve prints with impunity from prosecution.
As a Torah Jew, you should take note that any paper currency not backed up by a gold standard, violates the prohibition of having skewed weights and measurements. People don’t realize when they receive money as compensation, that the money that they receive is being inflated simultaneously by printing machines in the federal reserve.
My Fellow Frum Brothers and Sisters: Please realize, that this is no joke. We are at great risk of vast amounts of wealth disappearing in front of our eyes in very short periods of time. Divest from the Dollar (US stocks are in dollars, and are thus included) and invest in gold. Industry professionals advise that your age should be the percentage of your assets in gold, (meaning if you’re 40 years old, you should have 40% of your money in gold, and so on).
Is the money Shaatnez?
I would go even further and say, at least 50% of your paper should be converted to gold regardless of your age.
You should take note that gold isn’t subject to capital gains tax, so any equity in gold has a vast edge over stocks’ equity. Just make sure that you are leaving enough money in paper for the money you need in the near future.
If I can recommend a gold company (I receive no benefit from this recommendation, halevay it would be my company), it would be gainesvillecoins.com. They have the best prices and ratings from their peers. (If VIN feels it’s inappropriate to recommend a company, just delete this last paragraph from the post.) Hatzlocho Rabbo to you all.
What’s the differents if it looks good and looks like the real thing!
If there are fakes that are almost perfect, I’m sure there are fakes that are perfect!
What Hashgacha Protis, this week’s ‘Living Torah’ the Rebbe speaks about the line ‘in G-d we trust’…
So the US Secret Service wants my help to turn in the fakes.
Why would I do it if I will loose that money?
In G-d we trust………… all others pay Cash.
I wonder if those markers detect the phony bills. If so, what’s all the fuss about. And if not, the fed should simply have a computer whereby you can type in or scan the currency for confirmation that it is real.
People, this is 2010…..circulating flyers to show how it is fake? As if I am going to suddenly become a currency expert? Total incompetence.
Pay your taxes with it!
They want you to be on the lookout & call them before the money is yours, like when a customer walks in with fakes.
Don’t give it to Tz’dakah ; you’l lose twice .
You talking lots of shtisim regarding gold. If anything the older you te less you would need. Not more.
No. 23. What do you mean too high ? It is relative .Gold
1500 is also very high .So, spare us your advise .No one knows .
why didnt they provide a better picture?
Gold? Who has money to invest in gold?
The best investment is in Boro Park property, it has never gone down, and is always going up and up. If I had any extra money, that is where I would invest it. At least my kids will have where to live. Gold, silver, jewelry and diamonds everyone has enough of today, no one wants it. It needs to be kept safe, and it is only a headache. Give me a house in the heart of Boro Park, thanks!
One day new law of U.S.A. no more cash – your money goes on your #SS card all the time all the life.
What Hashgacha Protis, this week’s ‘Living Torah’ the Rebbe speaks about the line ‘in G-d we trust’…