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I got a money gram in the mail from someone. The bank said it was fake and held on to it. They told me that they would let me know in a couple of days after they look at it. If it's good that they'll let me know and I can cash it in. The lady that gave it to me still insists that it's real. They gave me copies of it, before they held onto it. What should I do? How can I find out on my own that these are real from the copies that I only now have?

2007-03-30 13:03:15 · 4 answers · asked by Anonymous in Business & Finance Credit

4 answers

The bank has the money gram and cannot give it to you until their investigation is done (it's the law, if you take in a fake dollar, they are required to keep it, regardless of your innocence). Even if you somehow prove it real, the bank will not give you the money until they are sure they can collect. Wait for the results (they are protecting you also), then proceed. If you get the cash, and it's found out to be fraud later ( up to a year) you have to pay the money back.

2007-03-30 13:23:00 · answer #1 · answered by Mike M. 5 · 1 0

Of course the lady that gave it to you insists its real. The US million dollar bill in my pocket is real too. BTW, the US Treasury NEVER issued million dollar bills. If the bank suspects it is phony, I suspect it is. They see more in a month than you an I together see in a year. The best way to detect a fake is the know what the real thing looks like.

2007-03-30 14:56:55 · answer #2 · answered by STEVEN F 7 · 0 0

Fax a copy to your State's Attorney General's office. They're trained to know.

2007-03-30 13:06:18 · answer #3 · answered by Venita Peyton 6 · 0 0

SAD....

2007-03-30 13:22:44 · answer #4 · answered by cork 7 · 0 0

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