Fake euro coin scam uncovered

[Supafly]

When I first saw a report on this story on TV, I thought, 'you got to be kidding me'

Fake euro coin scam uncovered

Investigators probing a massive fraud involving fake euro coins have raided offices and homes of Bundesbank and Lufthansa workers, according to a Thursday media report.

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Full Story

The Bundesbank collect damaged coins to get them out of circulation and replace them with fresh ones. Good thing.

But the way they do it, is just stupid:

Euros are made from two differently coloured metals, at least the the 1 and the 2 Euro coins

http://www.ecb.int/euro/coins/html/index.en.html

So the Bundesbank simply stamps the inner parts out and sell both seperately as old metal.

Who would have guessed that someone might think:

'He let's put them together again, shine them up a bit, and we got a nice little racket'

When I read about the US version of the Bundesbank to mess up the new printing of a shitload of dollar bills, I laughed and said, ' They can't even handle fresh money' :1orglaugh

Now I won't point my finger no more

 

[edirons22]

This is the definition of "recycling"