Oopsie!

Reports of actual crimes and investigations, not hypothetical situations.

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seamusTX
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Oopsie!

#1

Post by seamusTX »

Now, as background to this story, at one time the U.S. Treasury had a few large denomination bills that were never circulated to the public. They were used only for transfers between banks. The largest was $100,000.

Much to my surprise, they are still doing this kind of thing. The Federal Reserve system transferred $96 million in uncirculated $100 bills from Dallas to Philadelphia with the ultimate destination of a bank in New Jersey.

Something like $20,000 was missing upon arrival. Oopsie.

The missing bills have a large orange 100 that does not appear on any current bill (not that I see a lot of $100 bills).

http://philadelphia.cbslocal.com/2012/1 ... ed-at-phl/" onclick="window.open(this.href);return false;

- Jim
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G26ster
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Re: Oopsie!

#2

Post by G26ster »

seamusTX wrote: The Federal Reserve system transferred $96 million in uncirculated $100 bills from Dallas to Philadelphia with the ultimate destination of a bank in New Jersey.

Something like $20,000 was missing upon arrival. Oopsie.
Let's see, $96,000,000, minus $20,000 = $95,980,000. I thinks that's called, "Close enough for government work" :mrgreen:

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Re: Oopsie!

#3

Post by longtooth »

G26ster wrote:
seamusTX wrote: The Federal Reserve system transferred $96 million in uncirculated $100 bills from Dallas to Philadelphia with the ultimate destination of a bank in New Jersey.

Something like $20,000 was missing upon arrival. Oopsie.
Let's see, $96,000,000, minus $20,000 = $95,980,000. I thinks that's called, "Close enough for government work" :mrgreen:
:rolll
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seamusTX
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Re: Oopsie!

#4

Post by seamusTX »

They haven't identified a suspect yet.

Stealing $20,000 of currency that can't be spent is weird. It's a serious federal offense that they will prosecute if they catch the thief or anyone who receives the money downstream.

At least it wasn't plutonium.

- Jim
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WildBill
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Re: Oopsie!

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seamusTX wrote:At least it wasn't plutonium.
:iagree:
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Kawabuggy
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Re: Oopsie!

#6

Post by Kawabuggy »

They said in the article that these new bills will be circulated next year so the stolen bills WILL be able to be used.

I would not worry about the lost bills, after all the treasury will simply print more....... & more... & more....
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seamusTX
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Re: Oopsie!

#7

Post by seamusTX »

Kawabuggy wrote:They said in the article that these new bills will be circulated next year so the stolen bills WILL be able to be used.
That's true, but it' difficult enough to spend a valid $100 bill now. Probably the serial numbers will be published before the bills become legal tender.

- Jim
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