Fake money out of cashpoint -who will refund money?

MoneySaverLog

jonesMUFCforever wrote: »

ATM notes are checked for forgeries before being put in machines.

This is not the case at all ATM's there is one that gave out a dodgy note near where I work in a shopping centre. Luckily I got rid of it as did not want to be the victim. Now I hate using these machines.

spacey2012

I would be more suspicious of the servant in the shop, they could quite easily switch notes and pocket the real £20 or even lie about it been a fake at all and say they have to keep it, the threat to call the police is what gives it away.

When investigating any type of fraud, the person who stands to benefit from it is always number 1 suspect.
All other theories get run through number 1 first.

JuicyJesus

MoneySaverLog wrote: »

This is not the case at all ATM's there is one that gave out a dodgy note near where I work in a shopping centre. Luckily I got rid of it as did not want to be the victim. Now I hate using these machines.

It happens, but it's very rare.

Hasty1991

I work in a bank branch and tend to find that nine times out of ten when a note is purported to be fake, it is in fact absolutely fine. Normally it has either been washed or damaged in its natural lifetime. For the average joe I completely understand, it's their money, but it tends to be that people have been sent to their bank (don't start on that one...) after being told it was fake by a shop attendant/ till operator.

It's not impossible, but unlikely to be fake if it is from an ATM, quality checks and such like. As has been explained, if it is genuine she'll receive a refund automatically, if it's fake then she will need to take further action.

DUTR

Wywth wrote: »

She can't - it's been confiscated, and the police alerted

(according to the OP's story)

Btw, did you know 73% of statistics are made up? :cool:

Thought it was 86% of stats

I'm surprised they confiscated the note, I remember a while back I loaned my brother some money, and I got it from an ATM, a few days later he called me to say some of the notes were fake, I called the bank and they just said to return them to the branch, they were exchanged without quible.
Also at a forecourt there was a queue and a lady had pused to the front and paid a tenner for pump number ? as she was walking off the cashier called her back to tell her it was fake, mind you even from the queue you could see it was a real bad photo copy, she didn't even argue the point, so probably knew she was trying it on.

jonesMUFCforever

MoneySaverLog wrote: »

This is not the case at all ATM's there is one that gave out a dodgy note near where I work in a shopping centre. Luckily I got rid of it as did not want to be the victim. Now I hate using these machines.

Bank ATM machines certainly are checked.

matttye

reclusive46 wrote: »

I know I'll get bashed for this but just use it some other place. Somebody else won't notice. Nobody is going to arrest someone for having counterfeit money. 10% of the population probably have counterfeit money in their wallets.

Wow talk about massively downplaying a very serious issue.

Simple possession of counterfeit money is an offence punishable with up to 2 years in prison.

Possession of counterfeit money with intent to pass it off as legitimate currency is an offence punishable with up to 10 years in prison. This offence is what the OP's grandmother would be charged with if the police investigated her and the CPS were satisfied there's a realistic prospect of conviction. Note: I'm not suggesting she was guilty, just saying.

Both offences can and often do go to the crown court as the sentencing powers of magistrates courts are insufficient.

Both are very serious criminal offences because they devalue currency.

rageagainstessays

I remember one time that I paid with a fake £2 coin at a local shop. Of course I didn't know at the time that it was a fake because If I did I would have took it back to the shop who gave it to me (which was over the road) and asked them to change it.
Then next time I went in the shop keepers wife basically accused me of being a criminal in front of the whole store, which btw was packed and she was very rude. She then requested that I changed or she'd call the police out, to which I told her that she should individually place each one of the items I went in for, where the sun don't shine and that she'd have to apologise before I replaced the coin. Which she did immediately and I replaced the coin.

The point is, it happens.
It might just be better to take the £20 hit rather than trying to argue the point with each separate agency. Because the lines of evidence are rather shaky as it is, sadly

MoneySaverLog

jonesMUFCforever wrote: »

Bank ATM machines certainly are checked.

Well it did not feel like a twenty pound note (rub finger over the 20's on the bottom right corner and you can usually feel a texture to the paper) that made me think it was fake.

jamesd

matttye wrote: »

Possession of counterfeit money with intent to pass it off as legitimate currency is an offence punishable with up to 10 years in prison.

And in 2009 a few million people did exactly that, based on the figure for the number of forgeries in circulation. Prosecution of everyone who happens to encounter forged currency is neither viable nor sensible because very few of them will even know that they were using forged currency. The actual number of prosecutions for this each year is under two thousand. Those are likely to be the people caught doing it repeatedly and for large amounts of currency as part of an organised criminal enterprise.