Bank gave me a fake $100 bill and won't take it back... what should I do?

Question

My credit union teller gave me a fake $100 bill. I tried to use it at a store and the cashier told me it's fake. So I take it back to the credit union. They won't take it back. Can't file a small claim in a court. I have no proof. If I file a police report, I still won't get my money back. How can I get my money back?

Answer 1

Hi,

Tough one, let me think on it.
Seems to me the credit union should have insurance for such things. If you have your receipt from when they gave you the cash, they should replace the bill for you.
If that don't work, try a local news station and see if you can get them to run your story. If the credit union knows you are going to do that they may reconsider.

If you have no receipt then you are stuck with a nice conversation piece.

Sorry, that's all I got.

Bob

Answer 2

See if your state has a Department of Corporations or similar. That is the entity that governs credit unions. Submit a complaint. This should help prove that you're serious and being honest about where you got the bill. They may have the credit union settle with you. In the future, if you are given older bills without the new security features, ask them for different ones or to verify in your presence that they are authentic. They should not have been giving out the old bills as far as I know (don't quote me) and that may be a decent point to bring up.

Answer 3

The only thing you can do is file a complaint with the credit union and any agency that regulates them in your state. Yes you need to file a police report and if you try to pass it on you are committing a felony. Also one of the reviews said to pass it on to a corner store. Word to the wise they know what they are doing or they would not be in business. Cameras will be focused on you and they cops may show up at your door.

Answer 4

Go to the credit Union just after closing and approach the same teller in the parking lot shove a barrel into her side and ask her "will you take it back now" her reaction may be quite different.
CAUTION: IF YOU DON'T WANT TO GO TO PRISON DON'T TAKE THIS ADVICE, just forget the $100 and move on you probably would have blown it on some non-essential item anyway?

Answer 5

I can't believe a credit union would give out a fake bill.. They are taught to identify those things.. Not saying your lying.. But you should still fill out a police report.. Before the store files one out on you for trying to pass it.

Answer 6

First off, I would put everything down in writing. Keep a copy of the transaction at the credit union. send the letter to the manager of the credit union. don't give up here. you deserve your money back. it's the credit union's fault.

Answer 7

I'm sorry, but it's just not worth it. You could sue in small claims court but the court fees and court appearances would exceed the value of your time dealing with the whole stupid thing. Do turn over the counterfeit money to a police agency and tell them what happened.

Answer 8

Someone would have reported it to the police when they would not accept it. They have to do that. Then tell the police where you got it from.

I always ask to use the little yellow pen that the cashiers use on the large bills when I get them to make sure they are not fake.

Now if your story is true, go from store to store trying to use it until you find one that doesnt mark them with the little yellow pen.

Answer 9

Nothing you can do, you can't prove the bank gave it to you. Only legal thing you can do is call the secret service, they are the ones that deal with counterfiet money, but you still won't get your money back, sorry

Answer 10

I am puzzled what's up with the cashier at the store,security or the cops should have seized the bill then.