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Counterfeit American Money… another thing I didn’t think about

Two years into this journey as a restaurant owner and I keep encountering things which I never even considered when starting out. We recently accepted a counterfeit U.S. $100 bill (pictured above).

When I found it in the cash envelopes the next morning I thought it looked and felt off. I took it to the bank and the experienced teller, with no prompting from me, announced, “That’s counterfeit,” as I took it out of my pocket.

Grrr…

I don’t blame the staff for accepting it. I am lucky to have handled lots of American money (I have played the World Series of Poker Main Event in Las Vegas four times). I was pretty sure that this bill was counterfeit but even then, I am not sure what I would have done if it had been presented to me at the cashier. Despite my doubts, I might have accepted it. Some of my staff have never handled American money.

So now we have a policy. We do not accept U.S. $100 bills without the authorization of myself of my Assistant General Manager. Sigh…

Dave Scharf

Written by

Ottawa, Ontario, Canada • Broadcaster, writer, and restaurateur

2 Responses to “Counterfeit American Money… another thing I didn’t think about”

written by Jen On 20 November 2014 Reply

Ask the police about how to handle it at the register. They will have good ideas on what to say / what not to say.

written by Ari On 7 January 2015 Reply

Why accept American money at all? You are not a bank. If someone needs to change money, they can go next door to RD.

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