The Hot Potato Principle: Why This Grandma’s Bank Stuck Her With Counterfeit Cash

The Hot Potato Principle: Why This Grandma’s Bank Stuck Her With Counterfeit Cash

Counterfeit currency operates on the “hot potato” principle. Like the children’s game, the last person caught with the object loses. Once you accept counterfeit cash–even if it’s from a financial institution–it’s yours. This made for a very disappointing birthday gift for a 14-year-old from his grandmother. [More]

Coming Soon To A Billfold Near You: New $100 Bills

Coming Soon To A Billfold Near You: New $100 Bills

Attention currency fans, and fans of images that shift as you move them! New $100 dollar bills with exciting counterfeiting-proof features are coming soon from the Federal Reserve. The good news is that they probably will not melt, but they look a little different from bills currently circulating. [More]