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Bob Dancer's CasinoGaming Column - 7 JUL 2009

#1

Caught in the Crossfire

http://www.casinogaming.com/columnists/dancer/2009/0707.html

<a href="http://www.casinogaming.com/columnists/dancer/2009/0707.html">
http://www.casinogaming.com/columnists/dancer/2009/0707.html</a>

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#2

Michael Gaughan should train his security better. They're supposed to report the bad bill to Treasury, instead of harassing Dancer. He's a known player with no previous incidents, and I'm guessing the slot manager recognized him. Bob should have also asked for a receipt for the $100.

Generally, the casino eats the bill and calls Treasury, instead of harassing a known player.

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--- In vpFREE@yahoogroups.com, "vpFREE Administrator" <vpfreeadmin@...> wrote:

Caught in the Crossfire

http://www.casinogaming.com/columnists/dancer/2009/0707.html

<a href="http://www.casinogaming.com/columnists/dancer/2009/0707.html">
http://www.casinogaming.com/columnists/dancer/2009/0707.html</a>

#3

Incorrect. The Retailer does not eat the bill. If you pass a fake bill, you just committed a crime. They is true in any retail setting. If a bill is in question; call Treasury - Secret Service; confirm it; hold the bill for the Gov. and tell the customer what happened and that they are out for the amount; if they argue; call police and inform them "it is not company policy to press charges, but........" Let law enforcement explain it to the customer. No one likes to lose $, but the customer is SOL (s**t out of luck).

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--- In vpFREE@yahoogroups.com, "paladingamingllc" <paladingamingllc@...> wrote:

--- In vpFREE@yahoogroups.com, "vpFREE Administrator" <vpfreeadmin@> wrote:
>
> Caught in the Crossfire
>
> http://www.casinogaming.com/columnists/dancer/2009/0707.html
>
> <a href="http://www.casinogaming.com/columnists/dancer/2009/0707.html">
> http://www.casinogaming.com/columnists/dancer/2009/0707.html</a>

Michael Gaughan should train his security better. They're supposed to report the bad bill to Treasury, instead of harassing Dancer. He's a known player with no previous incidents, and I'm guessing the slot manager recognized him. Bob should have also asked for a receipt for the $100.

Generally, the casino eats the bill and calls Treasury, instead of harassing a known player.

#4

The mistake Bob probably made (assuming he wasn't just setup by someone at the casino, which is always possible) was to accept a $100 bill from a complete stranger, many retailers won't accept them and for good reason, there are some very good fakes out there. The only place you should accept $100 bills from are from a bank or casino, ones from anywhere else are suspect and should be cleared through a bank or casino first, just as you'd clear a check. By the way, it's only illegal to knowingly try to pass a fake bill, and the value of a fake bill once discovered is zero. If you want your money back, you have to go to the source of that fake bill, if you remember who that was.

···

--- In vpFREE@yahoogroups.com, "johnplevack" <johnplevack@...> wrote:

--- In vpFREE@yahoogroups.com, "paladingamingllc" <paladingamingllc@> wrote:
>
> --- In vpFREE@yahoogroups.com, "vpFREE Administrator" <vpfreeadmin@> wrote:
> >
> > Caught in the Crossfire
> >
> > http://www.casinogaming.com/columnists/dancer/2009/0707.html
> >
> > <a href="http://www.casinogaming.com/columnists/dancer/2009/0707.html">
> > http://www.casinogaming.com/columnists/dancer/2009/0707.html</a>
>
> Michael Gaughan should train his security better. They're supposed to report the bad bill to Treasury, instead of harassing Dancer. He's a known player with no previous incidents, and I'm guessing the slot manager recognized him. Bob should have also asked for a receipt for the $100.
>
> Generally, the casino eats the bill and calls Treasury, instead of harassing a known player.
>
  
Incorrect. The Retailer does not eat the bill. If you pass a fake bill, you just committed a crime. They is true in any retail setting. If a bill is in question; call Treasury - Secret Service; confirm it; hold the bill for the Gov. and tell the customer what happened and that they are out for the amount; if they argue; call police and inform them "it is not company policy to press charges, but........" Let law enforcement explain it to the customer. No one likes to lose $, but the customer is SOL (s**t out of luck).

#5

Re: "The only place you should accept $100 bills from are from a bank or
casino."

Even casinos can pass counterfeit bills.

I once received a hand-pay from Stardust and paid back a loan from the
hand-pay.
When my friend attempted to deposit the money, one of the $100 bills was
counterfeit
and they confiscated the bill. I had to give my friend another $100.

I found out many months later, from a Stardust employee, that Stardust would
have
replaced the bill had they been informed about it right away. But, too much
time
had passed.

Curtis

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On 7/8/09, nightoftheiguana2000 <nightoftheiguana2000@yahoo.com> wrote:

The mistake Bob probably made (assuming he wasn't just setup by someone at
the casino, which is always possible) was to accept a $100 bill from a
complete stranger, many retailers won't accept them and for good reason,
there are some very good fakes out there. The only place you should accept
$100 bills from are from a bank or casino, ones from anywhere else are
suspect and should be cleared through a bank or casino first, just as you'd
clear a check. By the way, it's only illegal to knowingly try to pass a fake
bill, and the value of a fake bill once discovered is zero. If you want your
money back, you have to go to the source of that fake bill, if you remember
who that was.

[Non-text portions of this message have been removed]

#6

and how many of us have the little special pen to detect bad bills? By the time you discovered the mistake, you are usually far from the source of the bad bill. It is almost impossible for the consumer to spot a bad bill at the time (unless you are going check every dollar you get your hands on) FYI in asia, banks will not accept $100, for deposit, printed before 2005 due to the number of counterfeits there.

···

--- In vpFREE@yahoogroups.com, Curtis Rich <LGTVegas@...> wrote:

Re: "The only place you should accept $100 bills from are from a bank or
casino."

Even casinos can pass counterfeit bills.

I once received a hand-pay from Stardust and paid back a loan from the
hand-pay.
When my friend attempted to deposit the money, one of the $100 bills was
counterfeit
and they confiscated the bill. I had to give my friend another $100.

I found out many months later, from a Stardust employee, that Stardust would
have
replaced the bill had they been informed about it right away. But, too much
time
had passed.

Curtis

On 7/8/09, nightoftheiguana2000 <nightoftheiguana2000@...> wrote:
>
> The mistake Bob probably made (assuming he wasn't just setup by someone at
> the casino, which is always possible) was to accept a $100 bill from a
> complete stranger, many retailers won't accept them and for good reason,
> there are some very good fakes out there. The only place you should accept
> $100 bills from are from a bank or casino, ones from anywhere else are
> suspect and should be cleared through a bank or casino first, just as you'd
> clear a check. By the way, it's only illegal to knowingly try to pass a fake
> bill, and the value of a fake bill once discovered is zero. If you want your
> money back, you have to go to the source of that fake bill, if you remember
> who that was.
>

[Non-text portions of this message have been removed]

#7

I bought a motorcycle cash the other day private party and the guy (a retail clerk)said they have seen 100's lately and the pen won't work because its an actual 5 bill that they have printed over in some way, but if you hold them up to the light at the end you see Abe instead of Ben. (watermark)

···

--- In vpFREE@yahoogroups.com, "johnplevack" <johnplevack@...> wrote:

--- In vpFREE@yahoogroups.com, Curtis Rich <LGTVegas@> wrote:
>
> Re: "The only place you should accept $100 bills from are from a bank or

and how many of us have the little special pen to detect bad bills? By the time you discovered the mistake, you are usually far from the source of the bad bill. It is almost impossible for the consumer to spot a bad bill at the time (unless you are going check every dollar you get your hands on) FYI in asia, banks will not accept $100, for deposit, printed before 2005 due to the number of counterfeits there.