Man Withdraws Five Fake 100 RMB Bills from ATM in Beijing

Man Withdraws Five Fake 100 RMB Bills from ATM in Beijing
May 30, 2013 By eChinacities.com

And you thought banks were the safest option to avoid getting stuck with fake notes?

On May 26, a man surnamed Xiao popped into the Beiyuan Lu branch of the Bank of Beijing and withdrew five 100 RMB bills. The next day, Xiao took a taxi to his office in Guomao, though upon arriving the taxi driver noticed something fishy about the texture of the bank note Xiao was using to pay him and told him it was fake. These things happen, right? So Xiao reached into his wallet to pay with one of the other four 100 RMB notes. But each time, the driver’s verdict was the same: all five of the 100 RMB bills were apparently fake.

Upon returning to the bank, Xiao was met with skepticism from the bank clerks who insisted that it was impossible that the bank’s ATM would issue fake notes, telling him to go report the incident to the police. Xiao rebuked the clerk’s flippantness, saying he’d always had faith in the bank and would never have thought to he’d receive fake RMB notes from its ATM. He made one last joke about being “too lucky” to the clerk and left.

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Keywords: fake 100 RMB notes fake notes fake 100 RMB bills

6 Comments

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Guest248882

True very easily possible taxi utilized the switch trick, but fakes do come out of ATM's (cognitive dissonance); where do you think all the fiat really comes from? Nothing is infallible.

May 31, 2013 13:19 Report Abuse

narendra.ya

Absolutly right duncan. The Taxi driver was very good hands. This is common in many places. Not all but some taxi driver's do this.

May 31, 2013 10:18 Report Abuse

jpc5166

Yes, I also had this taxi trick pulled on me. For me it went like this: When it's time to pay you han the driver a 100, (and if you are sitting in back you can't see what he's doing with it), the driver tells you he's out of change and asks if you have any small change. He gives back a fake 100, then takes whatever small change you come up with. The next time you go to buy something with that 100 is when you'll find the fake bill.

May 31, 2013 12:26 Report Abuse

jpc5166

I'm pretty sure this happened to me once also in Beijing but not in other places in China. What's up with that? I withdrew some 100s and later found two of them were indeed fake. I figured it was useless bothering to report it. And is this story missing an ending? Seems like it was going to finish with something ironic. Surely this has been reported by others. I don't understand why it was only newsworthy this time.

May 30, 2013 23:26 Report Abuse

duncan1954

This is an old trick by taxi drivers, when a customer pays with a genuine note the taxi driver quickly changes it for a fake note and tells the customer that his note is fake, this happened 5 times to this guy and he didn't realize that he was being conned

May 31, 2013 07:12 Report Abuse

Guest345928

How the hell do you know?

May 31, 2013 09:15 Report Abuse