Category Archives: BANK NOTES

How this woman woke up with $25m in her bank


Clare Wainwright found $25 million accidentally transferred into her bank account

SYDNEY woman Clare Wainwright woke up to find herself $24.5 million richer and her mortgage paid off.

The lawyer first discovered the millions in her account on October 25.

Clare Wainwright found $25 million accidentally transferred into her bank account. Picture: Facebook

In September, NAB sent a letter confirming a direct debit for loan repayments had been set up.

The letter said Ms Wainwright’s monthly repayments would be $25,102,107 – not $2500 – with the next repayment due on October 25.

Her bank NAB first requested $25.1 million from her bank, St George Bank, who then transferred the substantial figure, heavily overdrawing Ms Wainwright’s account.

Despite both banks being contacted about the error, the money is still in Ms Wainwright’s account.

“When NAB accidentally pays out your entire mortgage, and gives you an extra $24.5mil to redraw … do I skip the country??” she jokingly wrote on Facebook.

Ms Wainwright told Fairfax Media that she had not been tempted to spend the millions.

“I’m a lawyer, which is why I haven’t spent the money,” she said. “Mostly because I figured it wouldn’t play out that well trying to play dumb on that.”

Clare Wainwright said she has resisted spending the $25 million.

“I saw it and I thought ‘Oh my gosh, it’s 25 mil’ and I laughed,” she said. “I showed my broker and he said ‘Oh god, I’ll get them to fix it’.”

NAB told her broker that they would be in touch within three business days.

“They obviously don’t understand I could just skip the country,” she said.

Asked how she would spend $25 million, Ms Wainwright said: “Well, if I was allowed to use it, I’d pay off my mortgage and buy another place. Or an island.”

Henry Sapiecha

Geneva bank toilets flush with laundered dirty money

FILE PHOTO: A magazine cut-out of a toilet roll made up of paper money, is taped to a screen of a trading terminal at the German stock exchange in Frankfurt, June 3, 2009. REUTERS/Kai Pfaffenbach/File Photo

FILE PHOTO: A magazine cut-out of a toilet roll made up of paper money, is taped to a screen of a trading terminal at the German stock exchange in Frankfurt, June 3, 2009. REUTERS/Kai Pfaffenbach/File Photo

GENEVA (Reuters) – Geneva prosecutors are investigating after toilets in a bank and three restaurants were blocked by about $100,000 in high-denomination euro banknotes, they said on Monday.

“We are not so interested in the motive but we want to be sure of the origin of the money,” spokesman Vincent Derouand said, adding that neither throwing money away nor blocking a toilet was a crime.

The Tribune de Geneve newspaper, which first reported the unusual deposit, said the first blockage occurred in the toilet serving the vault at UBS bank (UBSG.S) in Geneva’s financial district, and three nearby bistros found their facilities bunged up with 500-euro notes a few days later.

Derouand said two people had agreed to compensate the restaurants for the costs of the blockage, and the restaurants had withdrawn a complaint that they made when the incident happened in May.

The cash was confiscated during the investigation and it was unclear who would get it if it was found to be lawful. There was no immediate reason to think it was dirty money, Derouand said.

The European Central Bank said last year it had decided to discontinue the 500-euro note because of concerns that it was being used too often for illicit activities including money laundering.

A UBS spokesman declined to comment.

Henry Sapiecha

‘If you don’t use cash, this won’t work’: Blogger amasses $50,000 with $5 savings hint

EVERY time you pay for something at the store and get change, save your $5 notes.

Put it away somewhere. Don’t spend it. At the end of each month, deposit your hoarded fives into a separate bank account.

Journalism professor Marie C. Franklin, who champions the idea on her blog “Save Money Fast With Fives”, has saved nearly $50,000 ($US40,000) by following this rule for the past 13 years.

Franklin said she first came up with the idea while putting two daughters through college and struggling to balance the family budget. “I made a decision that forever changed my relationship to money,” she wrote.

“Every time someone handed me a five-dollar bill I hid it away. I refused to spend it under any circumstance and started accumulating those fives, first in a separate compartment of my wallet, and then, as the pile grew, in an envelope.

“As the $5s started adding up, I put them in a separate bank account. Within weeks, I had a nice little stash, more than $200. Then $350. Then $500. By the end of the first year, I had saved almost $2000.”

She points out that $5 every day for a year works out to $1825 — two $5s and you’re looking at $3650. “Save five bucks a day until you turn 75 years old, assuming you’re 25 years old today, and that five dollar account, without adding in any compounded interest if you kept the money in a piggy bank, would be worth $91,250,” she writes.

And yes, obviously it means you need to start paying for things in cash. For millennials used to a cashless existence, that means shaking things up.

“You may love the idea of saving your nest egg with $5 bills but unless you use cash on a regular basis for everyday purchases like groceries, food or coffee to go, even gas and other issues of commuting and transportation, it will be impossible to save a significant amount this way,” she writes.

“Only cash will do the trick. End of story. Go to the ATM. Take out enough cash to cover the basic expenses you expect to face in the next seven days. Pay for as many things as you can in cash.

“Consume as you need, rather than simply buying out of habit. See how many $5s you get back in a week. If you like the number, repeat it into week two, then a third. At the end of the month, add it up.”

If you want to speed things up, she recommends a number of tricks to maximise your $5s, including paying for purchases less than $5 with a $10 or $20, or asking for two $5s instead of a $10 when getting change.

Others have found success with the $5 trick. Writing on Reddit, one user said they saved $2285 in five years, while another said they saved $1500 in six months.

“Working at a pizza shop and collecting tips I knew it’d be perfect,” wrote another. “From May to August of this year, I tried to bring home as many fives as I could. [In] mid-August, I cashed in all my fives and had over $525! Very easy way for anyone to start saving money.”

Henry Sapiecha

The Money You handle that’s in Circulation is infested with bacteria

The list of things found on our bank notes includes DNA from our animal friends, drug traces, and bacteria & viruses that cause disease.

We live in a dirty world. Wherever we go, we are among microbes. Bacteria, fungi and viruses live on our phones, bus seats, door handles and park benches. We pass these tiny organisms to each other when we share a handshake or a seat on the plane.

Now, researchers are finding we also share our microbes through our money. From tip jars to vending machines to the meter maid – each dollar, passed person to person, samples a bit of the environment it comes from, and passes those bits to the next person, the next place it goes.

The list of things found on our dollars includes DNA from our pets, traces of drugs, and bacteria and viruses that cause disease.

The findings demonstrate how money can silently record human activities, leaving behind so-called “molecular echoes.”

What’s on a banknote?

In April, a new study identified over a hundred different strains of bacteria on dollar bills circulating in New York City. Some of the most common bugs on our bills included Propionibacterium acnes, a bacteria known to cause acne, and Streptococcus oralis, a common bacteria found in our mouths.

The research team, led by biologist Jane Carlton at New York University, also discovered traces of DNA from domestic animals and from specific bacteria that are associated only with certain foods.

A similar study recovered traces of DNA on ATM keypads, reflecting the foods people ate in different neighborhoods. People in central Harlem ate more domestic chicken than those in Flushing and Chinatown, who ate more species of bony fish and mollusks. The foods people ate transferred from fingers to touchscreens, where scientists could recover a bit of their most recent meals.

We don’t leave only food behind. Traces of cocaine can be found on almost 80 percent of dollar bills. Other drugs, including morphine, heroin, methamphetamine and amphetamine, can also be found on bills, though less commonly than cocaine.

Identifying foods people eat or the drugs people use based on interactions with money might not seem all that useful, but scientists are also using these types of data to understand patterns of disease. Most of the microbes the researchers in New York identified do not cause disease. But other studies have suggested that disease-causing strains of bacteria or virus could be passed along with our currency.

Bacteria that cause food-borne illness – including Salmonella and a pathogenic strain of E.coli – have been shown to survive on pennies, nickels and dimes and can hide out on ATM machines. Other bacteria, such as methicillin-resistant Staphylococcus aureus (MRSA) which causes skin infections, are found on bank notes in the U.S. and Canada, but the extent to which they could spread infections is unknown.

Try as we may to avoid exposure to germs, they travel with us and on us. Even if disease-causing microbes can survive in places like ATMs, the good news is that most exposures don’t make us sick.

Money laundering

Disease transmission linked to money is rare, and no major disease outbreaks have started from our ATMs. Although it doesn’t seem common for diseases to transmit through money, there are ways we could make our money cleaner.

Researchers are working on ways to clean money between transactions. Putting older bills through a machine that exposes them to carbon dioxide at a specific temperature and pressure can strip dollar bills of oils and dirt left behind by human fingers, while the heat kills microbes that would otherwise linger.

U.S. money is still made from a blend of cotton and linen, which has been shown to have higher bacterial growth than plastic polymers. Several countries are transitioning from money made of natural fibers to plastic, which may be less friendly to bacteria. Canada has had plastic money since 2013, and the U.K. transitioned to a plastic-based bank note last year.

Even if our money is not directly responsible for spreading disease, we can still use the dollar’s travel history to track how we spread disease in other ways. The website, created in 1998, lets users track dollar bills by recording their serial numbers. In the almost 20 years since the site’s creation, WheresGeorge has tracked the geographic locations of bills totaling over a billion dollars.

Now, physicists at the Max Planck Institute and University of California, Santa Barbara are using data from the WheresGeorge site to track epidemics. Information on human movement and contact rates from WheresGeorge was even used to predict the spread of the 2009 swine flu.

Although we don’t know the extent to which money allows diseases to spread, mom’s advice is probably best when handling cash: Wash your hands and don’t stick it in your mouth.

Henry Sapiecha

The Biggest Sham In The History Of Mankind – Who Owns The Federal Reserve? Hidden Secrets of Money 4


Published on 15 Oct 2013

Bonus Presentation here: Who owns the Federal reserve? You are about to learn one of the biggest secrets in the history of the world… it’s a secret that has huge effects for everyone who lives on this planet. Most people can feel deep down that something isn’t quite right with the world economy, but few know what it is.

Gone are the days where a family can survive on just one paycheck… every day it seems that things are more and more out of control, yet only one in a million understand why. You are about to discover the system that is ultimately responsible for most of the inequality in our world today.

The powers that be DO NOT want you to know about this, as this system is what has kept them at the top of the financial food-chain for the last 100 years.

Learning this will change your life, because it will change the choices that you make. If enough people learn it, it will change the world… because it will change the system .

For this is the biggest Hidden Secret Of Money.

Never in human history have so many been plundered by so few, and it’s all accomplished through this… The Biggest Scam In The History Of Mankind.


Henry Sapiecha

The Evolution of Money in the USA, From Feathers to Credit Cards


HISTORY OF MONEY OVER MANY LIFETIMEShouse of usa banknotes image

In the back closet of a large room that houses the entirety of the Smithsonian National Numismatic Collection, sits the taxidermic specimen of a Quetzal bird—curators call him Fred.

The metallic green and blue feathers shimmer in the light and it’s clear why this bird was so treasured— he is a tropical beauty. Found in the rain forests of Central America, the endangered bird held much significance for Mayan civilization. It was illegal to kill the bird, but its feathers were once used as currency, usually to purchase gold.

Today, though its feathers are no longer used for purchases, the bird remains highly revered in Central American culture, and Guatemalan money is actually called a quetzal. This taxidermic specimen is one of more than 1.6 million objects in the National Numismatic Collection, the largest in North America and one of the largest in the world.

After the establishment of the Smithsonian Institution, the numismatic collection slowly began expanding in the late 1800s. However, the most important event came in 1923 when then-Secretary of Treasury, Andrew Mellon, ordered the transfer of 18,324 coins from the U.S. Mint collection in Philadelphia to Washington, D.C. for safekeeping and as part of a way to build the national collection.

As Jeff Garrett, author of the Encyclopedia of United States Gold Coins, writes in his brief history of the National Numismatic Collection, “ One letter I have seen in the Smithsonian collection from this period states: ‘the transfer of this collection to Washington will mean the shifting of the numismatic center of gravity, so to speak, in the United States from Philadelphia to Washington.’ This was no understatement!”

To display the richness of the collection, the National Museum of American History recently opened the exhibition “The Value of Money.” Located in the newly renovated first floor Innovation Wing, the gallery beckons visitors to pass through a polished steel vault door into a softly-lit room to view more than 400 artifacts from the collection, from shells, feathers and credit cards to the highly valued 1933 Double Eagle $20 dollar coin and an extremely rare $100,000 bill. Much more than a display of old coins, the exhibition showcases the creative intricacy and design of historic legal tender and details its backstories and allure.

“Our exhibit represents the opportunity to show the diversity and strengths of this collection and to excite people to think about history, culture and innovation through numismatic objects,” says curator Ellen Feingold.  “We embrace the theme of innovation, but we also really embrace the value of monetary objects for learning about history.”

hunded dollar notes line

1…Stones From the Island of Yap

rai stones images

Need cold, hard cash? Well, that’s what you’ll literally find on Yap— the island of stone money. The circular disks carved from limestone known as Rai, were brought over from Palau, part of the Federated States of Micronesia. Though the stones range in size, the larger ones can weigh thousands of pounds and were used for big transactions such as funeral payments, dowries or land purchases. Although the island now uses U.S. currency, Rai stones are still occasionally exchanged. (Pictured: Rai stone ring from the Island of Yap, 20th century)hunded dollar notes line

2…California Clams

California Clams money image

Still have those shells you collected at the beach? Back in the day, they could have been shelled out for your next purchase. Shells were one of the most widely used objects for transactions on almost every continent. In America, they were used as late as 1933, in the city of Pismo Beach, California, during the Great Depression, when there was a currency shortage and shells served as ready currency. The clamshells were inscribed with the same information you’d find on a note, complete with “In God We Trust.” (Pictured: 1 Dollar Clam Shell, United States, 1933)

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3…The First U.S. Cent

The First U.S. Cent image

Coins didn’t always say “In God We Trust.” In 1787, Congress authorized the first U.S. cent, known as the Fugio cent, made of copper. It featured an image of a sundial, and underneath, stated “Mind Your Business.” These were the wise words of Benjamin Franklin, who is credited with designing the coin. (Pictured: Fugio 1787 copper cent)

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4…Shilling From the Colonies

Shilling From the Colonies image

Rebelling against the crown, American colonists in the Massachusetts Colony started creating their own coins in 1652 during the interregnum—an 11-year period when there was no ruler in England. King Charles I had been beheaded in 1649 and the throne was not recovered until 1660. Creating coins had been an offense against the crown so clever colonists smartly crafted coins even after the throne was restore simply post dating them to 1652 long after the year had passed.  (Pictured: Shilling coin, Massachusetts Colony, 1667-74)

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5…Money Does Grow on Trees

Money Does Grow on Trees paper image

Although paper money had been around for decades in other countries, the United States had the first economy based on paper. The earliest note was issued by the Massachusetts colony in 1690. The colonists would have preferred coin, but the British limited how much coinage could come to the U.S. (Pictured: 20 shilling note, Colonial America, 1690-91)

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6…Blood Money

Blood Money note image

Colonial money stated, “To Counterfeit is Death” and they weren’t joking. Counterfeiting was a crime punishable by execution. During the Revolutionary War, British loyalist counterfeiters David Farnsworth and John Blair were caught with $10,000 in counterfeit and hanged. Today, punishment includes up to 15 years in prison and/or a fine. (Pictured: 9 pence note, Colonial America, 1777)

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7…The Secret Service

The Secret Service image

Today the Secret Service guards and protects presidents and their families, but the agency was originally created to suppress counterfeit money. During the Civil War, a reported one third of the currency in circulation was counterfeit. In 1865, the Secret Service was created to track down those villainous fabricators, closing more than 200 counterfeiting plants in its first year.

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8…$100,000 Bill

$100,000 Bill usa image

The $100,000 bill, a 1934 Gold Certificate, is the largest denomination ever printed by the U.S. Bureau of Engraving and Printing. However, the bill was never circulated and was reserved only for use by the Federal Reserve for large transactions. A total of 42,000 certificates were produced and later discontinued in 1935. All but a dozen or so were destroyed. It is illegal to possess the bill, which is why you’ve probably never seen one. (Pictured: 100,000 dollar gold certificate, United States, 1934)

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9…The 1933 Double Eagle

The 1933 Double Eagle usa gold coin image

Worth millions, the 1933 Double Eagle gold coins continue to captivate people. After Franklin D. Roosevelt decided to abandon the gold standard in 1933 and all gold coins were ordered exchanged for paper currency. All but two of the Augustus Saint-Gaudens designed Double Eagle $20 coins (which came to the Smithsonian as “coins of record”) were destroyed. However, a handful of coins disappeared from the Philadelphia Mint just as the last were sent to be melted down. No one really knows how many survived. In 2005, ten suddenly showed up, evidently having escaped the melting chambers. The government confiscated them. But in April 2015, a federal court ruled that the rare $20 gold Double Eagle coins returned to a Pennsylvania family. (Pictured: 20 “Double Eagle” dollar coin, United States, 1933)

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10…Day Late and A Dollar Short

Day Late and A Dollar Short usa bank note image

Notice the lack of women on U.S. currency? Martha Washington has been the only historic woman with her portrait on U.S. paper currency on the face of the $1 Silver Certificate of 1886 and 1891 and the back of the $1 Silver Certificate of 1896. Although the “Women on 20s” campaign pushed to replace Andrew Jackson on the $20 with a significant American woman, U.S. Treasury Secretary Jack Lew recently announced that a woman would instead be featured on the $10, in 2020. The question remains, who? (Pictured: 1 dollar silver certificate, United States, 1896)

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Henry Sapiecha


fiftydollarnotes australian

Troy Adam Love busted with $30,000 in counterfeit $50 notes sentenced to three months jail.

A MAN busted with up to $30,000 of counterfeit $50 notes has been sentenced to three months behind bars.

Troy Adam Love, 31, pleaded guilty in the Southport Magistrates Court yesterday to making and possessing counterfeit money, possessing a knife in a public place and unlawful possession of suspected stolen property.

The court heard Love produced the counterfeit cash with a printer and precision-cutting instruments at his home in Mermaid Waters between January and October last year.


Police were alerted when three counterfeit notes were used by a woman at the Civic Video Store in West End in September last year.

When police forensically examined the notes they found Love had come into contact with some of those seized.

They then intercepted a vehicle he was driving and conducted a search.

Officers found several hundred counterfeit notes — some cut to size and some still printed on a sheet of paper — inside a pillow case in a sports bag.

The court heard the haul had a face value of $20,000-30,000.

Also in the bag was a black flick knife, notebook computers, precision blade-cutting instruments, plastic A4-sized sheets with shapes the size of the $50 ­window on the note.

Police prosecutor Seargent Reece Foort said some of the notes were in early stages of manufacturing while others were “fairly close” to a real note.

Solicitor Jason Grant said only one of the notes was complete with a window.

“He had started to do it then realised the stupidity of it,” he said.

Mr Grant said Love had started hanging around with a new group of friends, who introduced him to smoking ice, before he produced the notes.
“At the time he was using a substantial quantity of drugs.”

Magistrate Paul Johnstone said a prison sentence was appropriate as the “community must protect its currency”.

“The trick and deceit in uttering counterfeit currency is immediately damaging and potentially dangerous,” he said.

Mr Johnstone sentenced Love to three months jail and issued him a $1000 fine

Henry Sapiecha

hunded dollar notes line

Businesses targeted in $50 banknotes counterfeit currency scam


counterfeit australian fifty dollar notes image (2)

One of the fake 50-dollar notes.

counterfeit australian fifty dollar notes image (1)

Last month’s Western Derby not only brought the footy fans to Subiaco, but it seems it attracted criminals too, with local businesses reporting a surge in counterfeit 50 dollar notes passing over the counter.

Management at the Pure Bar said “lots of fake 50 dollar notes have been floating around” in the weeks since the big game, and described one particular forgery as “a cracker of a copy”.

“We are on the lookout, but when you’re dealing with high volume days, when we get lots of cash in the till, it’s very hard to keep on top of,” said Sheldon Hendry.

Henry Sapiecha