Counterfeit Money and Workers: What Happens if a Bad Bill Crops Up?
Can they take the money out of your pay?
I don’t handle cash directly much any more, but for businesses that do, the issue of counterfeit cash is a real problem.
And, there are many sides to the story.
The first side is the business person’s side. Nothing hurts more than for a small business to be paid in phony cash. They’re out their hard work and services, or they have fixed someone’s vehicle or served meals for free, all the while losing out on the opportunity to serve paying customers.
The second side is the employee’s side. They’re responsible for accepting payment and verifying if bills are real. Just about every convenience store and gas station has counterfeit money pens. Some have UV lamps that can detect the fake money. And, according to Loss Prevention, there are eight other ways to tell if a bill is real or not.
If an employee accepts a counterfeit bill in payment and it’s later shown to be fake, some employers will take the money out of the worker’s paycheck. See below:
