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The Friday question: money

One of the restaurants where I sometimes eat lunch contacted me to say that they had made a mistake and billed my credit card €2260 instead of €22.60 last time I was there with a friend. Apparently they couldn't just reverse it but wanted to refund me in cash. So I dropped in today, picked up the €2k and change, and walked it straight over to my bank, fortunately just around the corner.

I got to thinking, though, about handling large amounts of cash. I once had to bank £7000 in takings from a shop I was managing, which is certainly the most British currency I've ever handled. But in the wild days of my time in Bosnia, I routinely did the Sarajevo-Banja Luka run with more than that in Deutschmarks, probably going up to DM 50,000 occasionally, though I don't remember exactly.

These days, so much is done electronically that it is rare for me to have even a hundred euro on me in cash (muggers please note).

So, what's the most worryingly vast amount of cash you have ever handled?

Comments

secritcrush
Feb. 22nd, 2008 07:28 pm (UTC)
Am I the only one who thinks you laundered money for them, because hello, I can think of whole bunch of ways they didn't have to give you cash for an erroneous charge.
lamentables
Feb. 22nd, 2008 07:33 pm (UTC)
Not the only one
frumiousb
Feb. 22nd, 2008 07:56 pm (UTC)
no, I had exactly the same thought.
secritcrush
Feb. 22nd, 2008 08:03 pm (UTC)
Love your Wealth of Nations post!
frumiousb
Feb. 22nd, 2008 08:23 pm (UTC)
Thanks!
nwhyte
Feb. 22nd, 2008 08:12 pm (UTC)
I don't really see how that works; the cash ended up in my bank account, not theirs. Surely the crucial point about money laundering is that it allows illicitly-gained money to appear as if it had been gained licitly by the laundered? Unless I was laundering the cash myself, of course, cough cough.
secritcrush
Feb. 22nd, 2008 08:22 pm (UTC)
I am a criminal who just made 2k in cash. I cannot deposit it to my account.

I erroneously charge your credit card 2k as a lunch bill. This is legitimate income I can record.

To make you whole I give you the illegal 2k cash that you don't have to declare as income and the illegal money disappears into the ether.

(edit: now with fewer spelling errors)

Edited at 2008-02-22 08:25 pm (UTC)

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