FREE MONEY (NOT)

[bobthehobbyguy]

Proof that stupidity has no bounds.

On tiktok some bright bulb discovered if you write a check to yourself and you have less than that in your account you can withdraw from that deposit. In their grand stupidity they thought they were getting free money. lol

[Tim W. SoCal]

Hmmm, I wonder how they reacted when their check was returned for non-sufficient funds and they were imposed a $40.00 service charge...

[bobthehobbyguy]

Plus whatever they overdrew their account for..

[jaymcminn]

While they're on TikTok they can find a video on how to make "toilet wine". It'll come in handy in prison.

Edited September 8, 2024 by jaymcminn

[John M.]

Stupidity and greed go hand and hand. 

[Ace-Garageguy]

In some circles, this is known as "deficit spending".  

Pretty funny that's it's idiocy if an individual does it, but "sound financial policy" if groups of "responsible" people who should really know better do it.  

[peteski]

I wouldn't have thought that any TikTok users would be old or backward enough to actually still use personal checks you have to fill out with a pen and then cash.

[Ace-Garageguy]

11 minutes ago, peteski said:

I wouldn't have thought that any TikTok users would be old or backward enough to actually still use personal checks you have to fill out with a pen and then cash.

I have seen "let's make fun of zoomers" vids with plenty of them who don't even know how.

Edited September 9, 2024 by Ace-Garageguy

[bobthehobbyguy]

The old joke comes to mind I can't be out of money I still have checks left.

[bobss396]

15 hours ago, jaymcminn said:

While they're on TikTok they can find a video on how to make "toilet wine". It'll come in handy in prison.

That along with the "180 degree cookbook". Prison hot water is HOT....

[thatz4u]

 

"Mama always said, “Stupid is as stupid does.” – Forrest Gump

[Ace-Garageguy]

20 hours ago, bobthehobbyguy said:

...stupidity has no bounds.

Amen.

[bobthehobbyguy]

15 hours ago, John M. said:

Stupidity and greed go hand and hand. 

What amazes me is one these idiots didn't think that they were going to have to pay back this money and two is that they did videos of committing a crime and then posting on social media.

[Hi-Po]

Growing up, many years ago, I was always told "You can't fix stupid!  Seems that is still true today.

[Mike 1017]

Way back when there were only paper checks. There was this scam called Check Kiting. If you played it right you get "Free Money."  As long as you use fake ID to open the first bank account. Lots of info on Google.

Mike 

[slusher]

I remember when many places didn’t take checks in Chicago. My parents always used cash and money orders in the mail..

[bobthehobbyguy]

Besides the stupidity of the idiots doing the fraud the banks also are contributing to the problem. In this age of computers this never should have happened. 

[Mark]

The people at the banks don't pay attention, and haven't for years. 

At work, whenever I had to rewrite a payroll check, I stopped payment on the "old" one.  No exceptions. 

At one place, I got a call from an out-of-state bank.  An ex-employee had apparently "found" a previously "lost" check, and cashed it.  The bank (a different bank from the one the check was written from) cashed it.  The guy apparently had had an account there but closed it prior to cashing the check.  So the bank should have referred him to the bank with the account the check was written on. 

I told the person from the bank that cashed the bad check that payment had been stopped on that one.  He still asked, "what do you recommend we do with this check"...my answer was "put some ketchup on it, and hold your nose..."

He didn't like that.  Hey, I did my job, your people failed to do theirs...