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Ruined Cash

mrpoultice

mrpoultice

Fen-dwelling Slodger
Joined
Jan 28, 2003
Messages
374
How odd, A mad millionaire? A jealous partners revenge? A crime gone wrong?

I live in Lincolnshire, so if the person involved has any still going spare, I will gladly save them the trouble of cutting it up ;)

Chopped up money dumped in bins

Thousands of pounds in cash has been chopped up and dumped in two waste bins in a city centre.

Police in Lincoln are baffled after finding the £10 and £20 notes which had been snipped into small pieces.

It is thought the money, which police said was beyond repair, was discarded between Wednesday evening and Thursday afternoon.

The pieces had been stuffed in the bins near the Barge on the Brayford and in City Square, Lincoln.

Detective Constable Nick Cobb said: "The money has been cut into many, many pieces - each individual note.

"Somebody spent a great deal of time physically cutting up the money."

He said even a "jigsaw fanatic" would probably not be able to put the money back together again.
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Source the BBC

Mr P
 
Another weird cash story:

OSLO, May 10, 2008 (AFP) - A Vietnamese man in Norway lost around 35,000 dollars after he was led to believe that mixing the cash with a special liquid would double its value, Norwegian media reported Saturday.

A 32-year-old Frenchman is set to stand trial in a lower court near Oslo next week on charges that he cheated a gullible Vietnamese man out of 180,000 kroner (35,00 dollars, 23,000 euros) earlier this year, local daily Romerikes Blad (RB) reported on its website.

The victim of the con, who was not identified, was reportedly told by the Frenchman to leave a mixture of real cash with blank bills to marinate in a special liquid overnight, and the next morning he would have double the amount of cash at his disposal.

But when he showed up the next morning to collect his prize, both the cash and the suspected con-artist, whose name was not revealed, had disappeared.

"He has given a statement that leads us to believe that he really believed this was possible. But we are of course having a hard time understanding how someone could actually believe such a tall tale," police officer Ragnar Ingberg told RB.

On March 3, the Frenchman was arrested while trying to leave the country with nearly 200,000 kroner in his possession.

The man's defence lawyer, Jan Schjatvet, told RB his client had come to Norway to find used cars in mint condition to sell in Africa, and that he was flabbergasted at the charges against him.

"He is extremely surprised to be charged with something that is so incredible. This sounds completely crazy," he told the paper.
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And yes as a fellow Lincolnshire Yellowbelly I also mourn the loss of so much money which could at least have gone to charity. :)
 
Did the police check if the chopped-up money was real?

Could have been forgeries that the forger didn't think he'd get away with.....
 
This Chinese farmer's ineffective cash storage technique has cost him at least a quarter of his life savings (so far ... ).
Man in China learns it doesn't pay to bury cash

A Chinese man who buried hundreds of thousands of dollars five years ago is learning the hard way there may be better ways to store his life savings, according to local reports.

Chinese state media and Taiwan's TVBS network reported the man, a farmer with the surname Wang, visited a branch of the Agricultural Bank of China in Anhui Province.

The bank notes were rotten and moldy and broke apart on contact, the reports say.

Wang told the bank he had "10 more bundles" at home, and that he had buried a total of about $280,000 in cash five years ago.

The Chinese man said his parents were merchants, and that they had accumulated the money. He also said a local television program claimed theft was common at ATMs. The television claims compelled him to bury the large amount of cash underground, he said ...

Bank employees worked overtime to restore the damaged bills, Chinese state media said.

The notes, often times clumped together, were "divided into small bundles, then divided into singles," the bank said.

According to the People's Bank of China's regulations, bills that retain 75 percent of their original features can be exchanged at full value, but bills disfigured such that only 50 to 75 percent of the note is recognizable, can only be exchanged for half the amount.

The man's savings has lost about 25 percent of its total value, or $70,000 owing to damage, according to reports.
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SOURCE: https://www.upi.com/Top_News/World-...rns-it-doesnt-pay-to-bury-cash/4891588615584/
 
rynner2 said:
Did the police check if the chopped-up money was real? ...
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Since you asked, and it's only been a dozen years since you did so ... :evillaugh:

Update ...

Yes ... After six months the police had verified the cash was "real", failed to link it to any crime or loss, and returned it to the street cleaner who'd discovered it.
Street cleaner faces a £10,000 jigsaw after discovering a bag of cut-up cash

For those of a patient disposition, there is something quite satisfying about completing a complex jigsaw.

But for binman Graham Hill, who found £10,000 in cut-up banknotes, the challenge and the reward are considerably higher.

The Bank of England has told him that if he can put the notes back together, he can keep the cash. ...

However the money is shredded into so many fragments experts estimate that the task could take three months of painstaking work.

Mr Hill, 43, found himself with the ultimate jigsaw when he discovered a carrier bag stuffed with cut £10 and £20 notes while he was emptying litter bins in Lincoln town centre.

He handed the bag to police but officers have been unable to link the stash to any crime. They have now handed it back to him after a six-month investigation. ...

The Bank of England says it will give Mr HIll, a council worker of Gainsborough, Lincolnshire, a new note in exchange for each one he can piece back together.

But the notes' serial numbers and other elements have to match. Shortly after he found the money, Mr Hill said: 'I was gutted when I looked in there and saw it all cut up.'

He has yet to comment further on how he is getting on with his mammoth puzzle, or how he is going about it. ...
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FULL STORY: https://www.dailymail.co.uk/news/ar...s-10-000-jigsaw-discovering-bag-cut-cash.html

See Also:

http://news.bbc.co.uk/2/hi/uk_news/england/lincolnshire/7763763.stm
https://www.telegraph.co.uk/news/ne...up-banknotes-if-he-can-piece-it-together.html
https://www.theguardian.com/uk/2008/dec/04/binman-finds-10-000
 
Last edited:
Jigsaw puzzles are very popular right now . . .
 
EnolaGaia said:
Since you asked, and it's only been a dozen years since you did so ... :evillaugh:

Update ...

Yes ... After six months the police had verified the cash was "real", failed to link it to any crime or loss, and returned it to the street cleaner who'd discovered it.


FULL STORY: https://www.dailymail.co.uk/news/ar...s-10-000-jigsaw-discovering-bag-cut-cash.html

See Also:

http://news.bbc.co.uk/2/hi/uk_news/england/lincolnshire/7763763.stm
https://www.telegraph.co.uk/news/ne...up-banknotes-if-he-can-piece-it-together.html
https://www.theguardian.com/uk/2008/dec/04/binman-finds-10-000
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Since this was 12 years ago, do we know whether he had any success & if so, how much he got?
 
He should be just about done putting it together by now I think.
 
hunck said:
Since this was 12 years ago, do we know whether he had any success & if so, how much he got?
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I ran some searches on his name and a variety of relevant keywords, but failed to locate any mention of what happened after he was awarded the cash fragments in December 2008.
 
This news article reports how 2 South Koreans concerned about COVID-19 attempted to sanitize their cash - one using a washing machine and the other using a microwave. Both experiments resulted in financial loss from ruining cash.
S. Korean tries washing money over virus fears, suffers loss

Money laundering is not a good idea, as a South Korean found out when he or she put banknotes in a washing machine to remove possible traces of the coronavirus.

Officials say the loss was considerable.

The person living in Ansan city, near Seoul, placed an unspecified amount of 50,000-won ($42) bills in a washing machine earlier this year. Some of the money was seriously damaged, and the person reached out to the Bank of Korea to find whether it could be exchanged for new bills.

Under bank rules on the exchange of damaged, mutilated and contaminated banknotes, the person was provided with the new currency totaling about 23 million won ($19,320), the Bank of Korea said in a statement.

Bank official Seo Jee Woun said the number of 50,000-won bills the bank exchanged at half value was 507. She said the bank doesn’t count the number of bills that it cannot exchange because damage is too big.

She said bank officials didn’t know exactly how much money the person tried to wash.

She said the loss would still be “considerable.” ...

How about microwaving money?

According to the bank, another person, surnamed Kim, put bills in a microwave over similar coronavirus concerns earlier this year. The bank exchanged Kim’s damaged money with the new currency worth 5.2 million won ($4,370). Seo said Kim’s losses were not big.

South Korea’s central bank has advised the public to avoid putting banknotes in a microwave saying its disinfection effect is unclear. Anti-virus guidelines in South Korea don’t include sterilizing money in a washing machine either.
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SOURCE: https://apnews.com/0413792c9349f1df1a478893fc15f107
 
A deluge of dirty money in Germany ...
German central bank inundated with money damaged in floods

Germany’s central bank says it has been inundated with more than 50 million euros’ ($59 million) worth of damaged bank notes after deadly floods that hit part of the country in July.

The Bundesbank said Wednesday that individuals and banks have handed in notes that were soaked in the floods and often also contaminated with oil, sewage or mud. The damaged money is dried, processed and then destroyed at a center in Mainz that analyzes forged and damaged money, and its owners are refunded without charge.

The bank said that the center usually receives damaged bills to the tune of 40 million euros per year. This year, it received 51 million euros’ worth of notes from the flood-hit areas in western Germany between mid-July and the end of August. Germans still tend to use cash more than people in many other European countries.

After they are dried, the damaged notes are flattened out, verified and counted. The Bundesbank said it bought dryers to deal with the influx of dirty money, noting that it’s important to process soaked notes quickly before they clump together and becomes as hard as concrete.
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FULL STORY: https://apnews.com/article/europe-business-floods-f0dc33f7c2af732dd04b2aa005d4d991
 
Quarantining it would work.
 
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