Quotulatiousness

September 29, 2013

Portland’s tainted $2 bills

Filed under: Business, USA — Tags: , , — Nicholas @ 11:32

Last year there were a large number of red-stained $2 bills circulating in Portland, Oregon. Mary Emily O’Hara investigated the situation:

The manager at the McDonald’s on Northwest Yeon Avenue glanced at the money in the customer’s hand, a $2 bill that looked as if its edges had been dipped in blood. He grew tense, shook his head and turned away.

“Oh, no,” he says. “We’re not allowed to accept those.”

McDonald’s employees had seen the mystery money before — crimson-stained, smeared, always $2 bills — as have food carts, bars, retail stores and other businesses across the Portland area.

The bills have amused some people and alarmed others, who aren’t sure if the stains come from real blood, if the cash is counterfeit, or if the bills were marked by an exploding dye pack during a bank robbery gone wrong.

Thousands of these tainted bills are in circulation around the city, but their source is no longer a mystery: They’re a marketing gimmick for Casa Diablo, a Northwest Portland strip club that is taking U.S. currency and smearing it with blood-red ink.

You’d think defacing the currency would be a problem for the government … and it is:

But the feds have taken a dim view of Zukle’s actions: It’s against federal law to deface U.S. currency with the intent to make it unusable.

WW has learned Zukle and Casa Diablo are now under investigation by the Secret Service. Jon Dalton, resident agent in charge of the Secret Service’s Portland office, tells WW the fact the bills are being rejected show Casa Diablo’s inking of the money violates federal law.

Dalton says his office has told Casa Diablo three times to stop handing out the tainted bills. He also says his office has prepared a cease and desist order and is consulting with federal prosecutors about criminal charges. (WW has also learned the FBI paid the bar a visit in February.)

H/T to Marginal Revolution for the link.

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