Today the Treasury Department will reveal a redesigned $100 bill. The new design brings the bill in line with the smaller denominations that are already in circulation, and it adds a fancy new anti-counterfeiting measure called Motion that uses special threads to “create an optical illusion of images sliding in directions perpendicular to the light that catches them.”
Here’s the new design for the back of the 2010 penny. Instead of the Lincoln Memorial there’s now a shield, or maybe a tiny badge that you can flash whenever you want to announce, “I have jurisdiction over your pocket change.” No, I’m pretty sure it’s a shield.
Who pays for a six-piece McNugget with a
$20 $50 bill? Counterfeiters, that’s who, and the McDonald’s near Madison Square Garden is ready for them. Sorry guys, you’re going to have to ask Wendy’s to anonymously break your shadily large bills.
A jury awarded Rita Cantrell $100,000 in actual damage and hit Target with $3 million in punitive damages after a Target employee sent a group email falsely accusing her of passing counterfeit bills. Rita was trying to buy stuff with a 1974 $100 bill which the store employees didn’t recognize and thought was a fake. A loss-prevention employee then sent around a group email containing her picture and the false allegation to 31 different local, state and federal law enforcement offices, malls, department stores, home-improvement stores and grocery stores. The email result in the Secret Service interrogating Rita at her work place, but they were able to check out the bill and determine it was genuine. “Every aspect of Rita’s life was harmed by Target,” said Cantrell’s attorney.
After seeing our post where a reader raised concerns about whether Netflix DVDs he got with unofficial-looking labels and messed-up menus were counterfeit, Netflix’s VP of Corporate Communications, Steve Swasey, sent us the following lovenote to calm our fears:
There are few companies that we love more than Netflix. Usually their service and support are top-notch among DVD renters. However, Consumerist Forums reader “muffinman” has a concern. He has been receiving what he believes are counterfeit DVDs and has some compelling photo evidence. Please help us crack the case and tell us what you think. His letter and pictures inside…
If you live in the NYC area, one thing you probably won’t be spending your stimulus check on now is a pair of shiny new fake Nikes—or ersatz Louis Vuittons, packs of imitation Duracell batteries, or faux-Timberland boots.
Unwitting consumers are falling for a new twist on the old “advance fee scam.” In this variation, a consumer receives what looks like a legitimate check in the mail, either as “foreign lottery proceeds,” “prize money,” or even payment for goods via classifieds (which includes Craigslist and eBay).
Today, Coach dropped a trademark infringement suit alleging Target sold counterfeit versions of a popular purse, the Python Signature Striped Demi.
Despite the horde of commenters asserting he got slipped fake $100s by an African Safari company, reader BC persists in laying the blame on WaMu.
BC hit a hiccup on his African safari honeymoon. When he went to pay the adventure company with $100s his wife took out their WaMu bank in ATM, three of the Franklins turned out to be counterfeit.