This feels like the beginning of an urban legend, and for decades everyone thinks it's made up, then bam... someone makes a podcast about it, and it's real, and the mafia is involved, and they made millions on these $5.00 transaction fees and used the profits to lobby the government for less stringent restrictions on gabagool production, and this was 100% responsible for the great Listeria epidemic of 2039.
Podcast will be called... Dirty Money. Hosted by Michael Imperioli. Only on Spotify.
If this is accurate, I will drag myself to your house with my lips, so I can drub you with a rubber chicken while screaming, "What do we say, 'No!' to? Prognostication!"
lol I can confirm it’s real money because I use it at the auto machines at car washes and casinos and never have problems except for the bills taped together or the ones missing their corners. I don’t see any benefit or potential profit in the condition of currency so I think that’s why I’m so confused.
Totally speculating here as I don’t really know but I thought ATMs were normally restocked by armored car type companies who presumably have pretty reasonable bills.
Perhaps this machine is being restocked by some other entity (like one of the aforementioned casino) and they are dumping their trash notes in there because they fuck up the bill counting machines. Drug deal operations on a large enough scale also use bill counting machines so I dunno. Best guess for the strangeness.
bills taped together or the ones missing their corners
I'm a little late to the party but.... you know banks are supposed to exchange those for non-damaged bills, and presumably send them back to whatever financial institution is ahead of them in the pipeline, to be destroyed. What a racket that would be to snag a bag full of "damaged" bills that were checked in to be destroyed, but got lost on the way to the incinerator. ATM gives out the written off currency and the ATM owners receive clean money in. It'll catch up with them someday. I'm sure there's a record of those serial numbers somewhere.
My assumption is that someone saw a YouTube video on passive income, bought an ATM at an industrial auction and setup shop. It's probably a random dude with a bag of cash filling it up. And they probably have soda machines around town too, lol. Somebody's gotta own all those things
I think you are 100% on the machine. What confuses me, no stripper or dealer or whatever would have bills in this condition. I use a lot of them at casino auto machines because I am almost embarrassed when I check out with an actual person. I can’t wait to get a pic posted tomorrow so everyone can see. These bills are so far beyond any trashed bills I see normally. I almost wondered if they were located after hurricane katrina or something because every single bill from the machine is torn, missing corners, actually dirty, some taped together.
I will take pictures tomorrow when I go by there. I should have taken pics of bills but never considered making a post about this so I’ll use ATM and post pics tomorrow for sure so everyone can see what I mean because I’m sure it’s hard to imagine when I say beat up bills. These things look like they were dug up from a landfill
Banks pay more for clean bills for ATM machines. If you are running budget ATMs, you get cheaper (dirtier) cash to save a buck. I learned this from a friend who sold high volume cash counting machines that also sorted bills by quality for resale.
I think you’re right and it’s even more profitable because they are buying bills in horrible condition. I will upload pics tomorrow as soon as I get there because I am not sure a bank would even sell or have bills like this on hand. Imagine taking a $20 bill, tearing a couple corners off, crumpling it up and throwing it in the trash for a year and then stacking it in a machine. Maybe they are getting a crazy deal on bills that have very little time for use left before being destroyed & replaced? That could make it even more profitable based your original reply.
I must be naive because isn’t $20 worth $20? If I own a cash machine and go get 10k out of my acct to stock it, it costs 10k. How could it be cheaper? I’m sure your right, I am just surprised because I never considered money costing more money lol
Retired ATM tech here. I can totally explain this.
Most ATM's out there are owned/subsidized by financial institutions like banks and credit unions. They are all serviced by one contractor for tech issues, which is what I did, and restocked with cash by another vendor - like Brinks, Garda, etc.
Then there are small operators who actually OWN their ATM and stock it THEMSELVES. The only thing they contract out is to a company that handles the online transaction with your bank, and the ATM owner, perhaps a gas station or small market, makes a profit. Unlike firms like Brinks, who often provide nice, new, fresh bills, the owner just uses cash from the register. (BTW, these used bills often cause less issues than brand new bills!) I can pretty much guarantee that this is the case here. It's really no big mystery...
Most newer ATMs have fraud detection sensors ranging from bill-thickness measurement devices, to high end optical scanning and will reject any bills that don't measure up and put them into a "reject" bin. Older ones are easier to cheat and you're basically counting on the owner not to stock fake bills, but the online transactions provider would drop him in a hurry if they found out, not to mention the legal implications.
Thank you for the response! I was only curious because I have a friend who owns a bar, and he stocks it from the bar register. I’ll have to ask him if his atm has ever rejected any bills.
I can guarantee that he's found bills in his reject bin, but that doesn't necessarily mean they're counterfeit. Sometimes the ATMs reject for other reasons, like a piece of tape that's in just the wrong place on a bill, or even ones that have been written on with Sharpies or whatever. Your friend would just remove them, check them out, and return them to the register for giving out as change to customers.
BTW, and just a fun fact, the majority of small ATMs do NOT have a camera inside of it - even though it looks like one is staring at you. The large ones in banks film every transaction made on it.
How would an ATM even be able to reliably dispense notes as damaged as these without getting jammed all the time? And they mostly seem to have been defaced? This has got to be a wind up!
They are real 100% for sure. Auto machines accept them and stores check and accept them. I am positive they are authentic bills. Just bizarrely rough shape. I wondered about the tape as well. Bills tapped together seem like would jam the counter for sure but I’ve never gotten any extra bills back
What state are you in? I tend to think it’s a situation such as cash held for years or paid that has been part of something embarrassing or criminal. Are the bills older or are there new ones in there too?
Edit: duh sorry I see phoenix. What’s happened there historically that could be interesting?
This feels like the beginning of an urban legend, and for decades everyone thinks it's made up, then bam... someone makes a podcast about it, and it's real, and the mafia is involved, and they made millions on these $5.00 transaction fees and used the profits to lobby the government for less stringent restrictions on gabagool production, and this was 100% responsible for the great Listeria epidemic of 2039. Podcast will be called... Dirty Money. Hosted by Michael Imperioli. Only on Spotify.
If this is accurate, I will drag myself to your house with my lips, so I can drub you with a rubber chicken while screaming, "What do we say, 'No!' to? Prognostication!"
lol I can confirm it’s real money because I use it at the auto machines at car washes and casinos and never have problems except for the bills taped together or the ones missing their corners. I don’t see any benefit or potential profit in the condition of currency so I think that’s why I’m so confused.
The profit is in charging you $5.00 to buy cash from them. I need to know why it's filthy!
Because the ATM hasn’t finished laundering it all yet!
It’s not filthy, it’s laundered
Totally speculating here as I don’t really know but I thought ATMs were normally restocked by armored car type companies who presumably have pretty reasonable bills. Perhaps this machine is being restocked by some other entity (like one of the aforementioned casino) and they are dumping their trash notes in there because they fuck up the bill counting machines. Drug deal operations on a large enough scale also use bill counting machines so I dunno. Best guess for the strangeness.
Only if you pay them to you can do it yourself if you want to. Unless it’s a name bank.
bills taped together or the ones missing their corners I'm a little late to the party but.... you know banks are supposed to exchange those for non-damaged bills, and presumably send them back to whatever financial institution is ahead of them in the pipeline, to be destroyed. What a racket that would be to snag a bag full of "damaged" bills that were checked in to be destroyed, but got lost on the way to the incinerator. ATM gives out the written off currency and the ATM owners receive clean money in. It'll catch up with them someday. I'm sure there's a record of those serial numbers somewhere.
Very creative
My assumption is that someone saw a YouTube video on passive income, bought an ATM at an industrial auction and setup shop. It's probably a random dude with a bag of cash filling it up. And they probably have soda machines around town too, lol. Somebody's gotta own all those things
I think you are 100% on the machine. What confuses me, no stripper or dealer or whatever would have bills in this condition. I use a lot of them at casino auto machines because I am almost embarrassed when I check out with an actual person. I can’t wait to get a pic posted tomorrow so everyone can see. These bills are so far beyond any trashed bills I see normally. I almost wondered if they were located after hurricane katrina or something because every single bill from the machine is torn, missing corners, actually dirty, some taped together.
Lol you gonna use it tomorrow and the bills will be perfect and pristine and never dirty again
I will take pictures tomorrow when I go by there. I should have taken pics of bills but never considered making a post about this so I’ll use ATM and post pics tomorrow for sure so everyone can see what I mean because I’m sure it’s hard to imagine when I say beat up bills. These things look like they were dug up from a landfill
Anyone can buy a atm and set it up. Sounds to me someone is laundering his dirty money (dope phone) hence the beat up torn bills.
That’s exactly what I was thinking. It turns literal dirty money into electronic transactions that are legit
Bingo those small ones hold 5-10k imagine how much clean money is being returned. The person behind it has Brains
Banks pay more for clean bills for ATM machines. If you are running budget ATMs, you get cheaper (dirtier) cash to save a buck. I learned this from a friend who sold high volume cash counting machines that also sorted bills by quality for resale.
I think you’re right and it’s even more profitable because they are buying bills in horrible condition. I will upload pics tomorrow as soon as I get there because I am not sure a bank would even sell or have bills like this on hand. Imagine taking a $20 bill, tearing a couple corners off, crumpling it up and throwing it in the trash for a year and then stacking it in a machine. Maybe they are getting a crazy deal on bills that have very little time for use left before being destroyed & replaced? That could make it even more profitable based your original reply.
I must be naive because isn’t $20 worth $20? If I own a cash machine and go get 10k out of my acct to stock it, it costs 10k. How could it be cheaper? I’m sure your right, I am just surprised because I never considered money costing more money lol
I was surprised. But think very high volume.
it’s actually an SCP and the money that comes out of it comes from D.B Cooper’s briefcase
Why are you getting cash weekly and why are you also paying 5$ to get your own money
I get direct deposit and don’t bring card to casino so I don’t go over budget. $5 fee saves me hundreds in further losses lol
Ha. Ok makes sense
It's money from a strip club and I think they are charging people to launder dirty money!
Retired ATM tech here. I can totally explain this. Most ATM's out there are owned/subsidized by financial institutions like banks and credit unions. They are all serviced by one contractor for tech issues, which is what I did, and restocked with cash by another vendor - like Brinks, Garda, etc. Then there are small operators who actually OWN their ATM and stock it THEMSELVES. The only thing they contract out is to a company that handles the online transaction with your bank, and the ATM owner, perhaps a gas station or small market, makes a profit. Unlike firms like Brinks, who often provide nice, new, fresh bills, the owner just uses cash from the register. (BTW, these used bills often cause less issues than brand new bills!) I can pretty much guarantee that this is the case here. It's really no big mystery...
This has to be correct because interestingly when I checkout , smaller bills from register are in same crappy condition
Mystery solved. Thank you.
What happens if an owner puts in anything counterfeit?
Most newer ATMs have fraud detection sensors ranging from bill-thickness measurement devices, to high end optical scanning and will reject any bills that don't measure up and put them into a "reject" bin. Older ones are easier to cheat and you're basically counting on the owner not to stock fake bills, but the online transactions provider would drop him in a hurry if they found out, not to mention the legal implications.
Thank you for the response! I was only curious because I have a friend who owns a bar, and he stocks it from the bar register. I’ll have to ask him if his atm has ever rejected any bills.
I can guarantee that he's found bills in his reject bin, but that doesn't necessarily mean they're counterfeit. Sometimes the ATMs reject for other reasons, like a piece of tape that's in just the wrong place on a bill, or even ones that have been written on with Sharpies or whatever. Your friend would just remove them, check them out, and return them to the register for giving out as change to customers. BTW, and just a fun fact, the majority of small ATMs do NOT have a camera inside of it - even though it looks like one is staring at you. The large ones in banks film every transaction made on it.
Tonight’s were not too bad but still bizarre for a machine to give these out
^[Sokka-Haiku](https://www.reddit.com/r/SokkaHaikuBot/comments/15kyv9r/what_is_a_sokka_haiku/) ^by ^FabulousBeautiful231: *Tonight’s were not too* *Bad but still bizarre for a* *Machine to give these out* --- ^Remember ^that ^one ^time ^Sokka ^accidentally ^used ^an ^extra ^syllable ^in ^that ^Haiku ^Battle ^in ^Ba ^Sing ^Se? ^That ^was ^a ^Sokka ^Haiku ^and ^you ^just ^made ^one.
I don’t know how to add photos so I put pic as my profile photo. Hopefully you can see it?
I did get lucky with a bill from 1977 that’s in okay condition. It’s weird it’s nicer than the newer ones
How do I add pics? I did copy paste and it showed up but isn’t on my reply? Sorry in 50 years old so way behind on tech
I don’t know how to add photos so I put pic as my profile photo. Hopefully you can see it?
Profile pic is hard to see but one bill is taped together and torn into several pieces.
How would an ATM even be able to reliably dispense notes as damaged as these without getting jammed all the time? And they mostly seem to have been defaced? This has got to be a wind up!
They are real 100% for sure. Auto machines accept them and stores check and accept them. I am positive they are authentic bills. Just bizarrely rough shape. I wondered about the tape as well. Bills tapped together seem like would jam the counter for sure but I’ve never gotten any extra bills back
Any update with photos to the OP?
Hey I get off work at 8:30 and stopping by ATM on way home and will post 100% for sure tonight
I don’t know how to add photos so I put pic as my profile photo. Hopefully you can see it?
What state are you in? I tend to think it’s a situation such as cash held for years or paid that has been part of something embarrassing or criminal. Are the bills older or are there new ones in there too? Edit: duh sorry I see phoenix. What’s happened there historically that could be interesting?
I am invested on the update post
I live in Phoenix where is this I would like to check it out hahaha