16 May, 2002: This one's on me

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Here's a really good scam which I read about in Stephen Jory's book about currency forgery, Funny Money. It turns out that many of their forged 20 notes were sold to taxi drivers, who used them to defraud their customers.

The way it works is as follows:

Cunning, but it hasn't improved my opinion of taxi drivers any.

Copyright (c) 2002 Chris Lightfoot; available under a Creative Commons License.