We read that they Wachovia was in trouble because of their $8 billion dollar loss in the second quarter, but now are they giving out counterfeit bills at a branch in Florida? Are things really that bad for them?
Garcia said Wachovia is ripping him off and has alerted the sheriff’s office, the Secret Service and the media.
“Ten (bills) in one transaction to come from one bank, that is definitely unusual,” U.S. Secret Service representative Jim Glendinning said.
“But is it possible?” Pipitone asked.
“Remotely, yes it is,” Glendinning said.
Glendinning said he was not surprised the Bank of America caught the counterfeits but wondered how a Wachovia could pass the bills unless a bank employee was in on it, Pipitone reported.
Imagine going to your bank, asking to withdraw $1,000, and then finding out that the cash your bank gave you is counterfeit….and you are out $1,000 because the bank will not own up to it, even though it has happened before to them. Good times.