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The E-Sylum: Volume 27, Number 20, May 19, 2024, Article 25

DID BANK'S ATM DISPENSE A FAKE $100 BILL?

Len Augsburger passed along this story of a bank's ATM distributing a counterfeit $100 bill. Thanks. -Editor

  fake hundreds

A Wells Fargo customer says she's shocked after the banking giant gave her fake cash during a seemingly routine withdrawal.

Kam Ridley recently went to a Wells Fargo branch in Mississippi to withdraw cash and pay bills, reports the ABC-affiliated news station WAPT.

Ridley then went to her other bank, Trustmark, to deposit the cash – but the ATM refused to accept her $100 bill.

Bewildered, Ridley went inside the bank and spoke to a teller who told her the money from Wells Fargo is obviously fake.

When I give it to the teller, she says, ‘Oh, I can't take it. It's counterfeit.'

I was like, ‘Girl, no. No.' I said, ‘Run the little marker thing over it.' And she said, ‘I don't have to. I'm looking at it. It's counterfeit.'

In response to the incident, Wells Fargo released a statement on its efforts to scan paper money and fight fraud.

As the article notes, this is a dispute with little chance of resolution. The woman may well be right, but her bank can claim there's no proof that the counterfeit bill actually came from their ATM. Tough situation. -Editor

To read the complete article, see:
Wells Fargo Hands Fake $100 Bill To Customer, Issues Alert on Worthless Withdrawal and Counterfeit Cash: Report (https://dailyhodl.com/2024/05/18/wells-fargo-hands-fake-100-bill-to-customer-issues-alert-on-worthless-withdrawal-and-counterfeit-cash-report/)
Woman withdraws money from bank, finds out $100 bill was counterfeit (https://www.wapt.com/article/mississippi-woman-withdraws-counterfeit-100-bill-from-bank/60812585)



Wayne Homren, Editor

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