South Korean Man Tries to Wash and Microwave his Money to Kill Coronavirus
|Here is a power tip for everyone, don’t try to wash and microwave your money; it usually does not end well:
Money laundering is not a good idea, as a South Korean found out when he or she put banknotes in a washing machine to remove possible traces of the coronavirus.
Officials say the loss was considerable.
The person living in Ansan city, near Seoul, placed an unspecified amount of 50,000-won ($42) bills in a washing machine earlier this year. Some of the money was seriously damaged, and the person reached out to the Bank of Korea to find whether it could be exchanged for new bills.
Stars & Stripes
You can read more at the link, but the Bank of Korea refunded some of his damaged bills but others were too damaged to be refunded causing the man to take a serious loss.
I thought Korean paper money had a metal strip to combat counterfeiting. Wouldn’t htat muck up the microwave oven?
It’s like a foil and you’re probably right. I wonder how much this genius lost?
I know there are a lot of cash-only businesses in Korea, but…couldn’t he have just brought the money to the bank and gotten fresh bills from there? Or just kept the money in the bank for that matter?
Tyler Choi, he may have been afraid of people finding out how much money he had: government, creditors, ex-wives, or business partners, for example…
I bet he wishes he thought of exchanging them at the bank now.