100Rs - 500Rs swap

amystarcraft · Aug 22nd, 2007, 23:56

I have come across a new scam whereby a particular wine shop owner drops a 500Rs note passed to him by a customer and quickly replaces it with a 100Rs one explaining that you havent paid enough.

I have had three friends have it at the same shop. We just about climbed the counter and throttled the guy the last time. We no longer go there. The shop is in Gurgaon, just off the NH8 one stop past the GM Road.

Be careful as the blue 500s are very similar to the 100s.

PeakXV · Aug 23rd, 2007, 00:06

Can happen in a taxi too. Make sure you exchange it with him over a counter top and state it's value clearly as you are placing it firmly in his hand!

Nick-H · Aug 23rd, 2007, 00:12

It is crazy making them so similar.

I find it hard to tell Rs.1 and Rs.2 coins apart without putting my glasses on --- but the consequences of a mistake are not so expensive.

I paid a driver in 500s one night, instead of 100s, in the dark.

We wondered why he was hanging around while we said hello to a neighbour. As we turned back to our house he said, "look what you people are giving me...". There are good drivers!

ananda2193 · Aug 23rd, 2007, 04:12

As I mentioned here awhile back, on my first trip to India I arrived in Bombay in the middle of the night and got a taxi outside the airport, not knowing that they have prepaid taxi's you can get inside. The taxi driver had a friend with him in the front seat. He asked me if I wanted to change money. As I had no rupees yet I said o.k. first asking the rate. He gave me my rupees and I gave him a $100 u.s. bill. Soon he say's that he changed his mind and doesn't want to change and tries to give me a $1 u.s. bill back

. I tell him I didn't give you a dollar because I don't have any. He say's nothing and eventually takes me to a hotel that he knew and obviously got a commission out of. Not a bad hotel, but the next day changed to a hotel in Colaba.

Dilliwala · Aug 23rd, 2007, 04:44

Quote:

It is crazy making them so similar.

In fact, they (500s) are not being printed in those colours for many years now, becos they were so similar. U'll have seen the new/er yellow ones. The 500's being talked about are old ones still in circulation.

If u get them at a bank (counter), u can always ask for them to be changed. Usually they'll oblige.

Rama · Aug 23rd, 2007, 06:15

This is a good warning for those new to a currency! Here are the two notes in question:

100: http://en.wikipedia.org/wiki/Image:100Rupees.png
500: http://en.wikipedia.org/wiki/Image:500Rupees.png

The 50 and 100 notes seem more similar, but of course there are two 500 notes.

PortieOwner · Aug 23rd, 2007, 07:19

I don't understand why Gandhi is on both notes....

Nick-H · Aug 23rd, 2007, 11:40

Dunno... I think he was famous for something.

Seriously...

Gandhi is on all our notes!

Here -> More than you ever wanted to know about Indian currency

capt_mahajan · Aug 23rd, 2007, 11:50

The scam of switching notes is quite common, with variations, in many parts of the world.

Egs,

1. SriLanka around 1980 a guy changing our money gives us a bunch of notes and walks away. Besides the top two notes, the rest are pieces of paper cut to size

2. Early am, Mumbai domestic airport about 1995, an NRI tourist complains loudly to all and sundry that he gave a 100 USD note to a guy for changing to rupees; the guy claims it was a one dollar note.

3. Buenaventura Columbia 1979, we break a hundred dollar note at a bar and get all fake US dollar notes in exchange.

4. Last year, a cabbie in Mumbai tells me he it was a 100 rupee note and not 500. I told him it was actually a thousand rupee note, which solved the problem.

double-dolphin · Aug 27th, 2007, 21:01

Quote:

Originally Posted by capt_mahajan

4. Last year, a cabbie in Mumbai tells me he it was a 100 rupee note and not 500. I told him it was actually a thousand rupee note, which solved the problem.

errrr......maybe i'm just stupid, but how did the 1000 buck thing solve the problem???

T.I.P · Aug 27th, 2007, 21:08

Quote:

Originally Posted by Rama

This is a good warning for those new to a currency! Here are the two notes in question:

100: http://en.wikipedia.org/wiki/Image:100Rupees.png
500: http://en.wikipedia.org/wiki/Image:500Rupees.png

The 50 and 100 notes seem more similar, but of course there are two 500 notes.

Not sure about this!
Is it not illegal to even xerox the picture of Indian Currency?

shashank.aggarwal · Aug 27th, 2007, 21:10

Quote:

Originally Posted by double-dolphin

errrr......maybe i'm just stupid, but how did the 1000 buck thing solve the problem???

captain acted smart with the cabbie and claimed he has given a 1000 note ... this would have meant the cabbie would have ended paying more back to the captain...

but actually its the way of sending the message that "I am used to these things, and I am smarter than thou. Don't mess with me."

T.I.P · Aug 27th, 2007, 21:11

Quote:

Originally Posted by amystarcraft

I have come across a new scam whereby a particular wine shop owner drops a 500Rs note passed to him by a customer and quickly replaces it with a 100Rs one explaining that you havent paid enough.

I have had three friends have it at the same shop. We just about climbed the counter and throttled the guy the last time. We no longer go there. The shop is in Gurgaon, just off the NH8 one stop past the GM Road.

Be careful as the blue 500s are very similar to the 100s.

There is another one next to the Gurgaon DLF Golf course.
He conned me once. Fortunately, my pals were standing closeby and we all jumped on him.

He shouted for a while and then decided to give us booze and the correct change in return.

Had I been alone.. I doubt if I would have been able to do anything about it.

shashank.aggarwal · Aug 27th, 2007, 21:13

Quote:

Originally Posted by T.I.P

Not sure about this!
Is it not illegal to even xerox the picture of Indian Currency?

Dont worry, its mentioned "Specimen"..secondly please notice the number of the notes..its all "0000000"..

double-dolphin · Aug 27th, 2007, 21:15

Quote:

Originally Posted by T.I.P

Not sure about this!
Is it not illegal to even xerox the picture of Indian Currency?

as far as i know it's EXTREMELY illegal

Aug 22nd, 2007, 23:56	#1
amystarcraft Member Join Date: Nov 2006 Location: Gurgaon Posts: 32	100Rs - 500Rs swap I have come across a new scam whereby a particular wine shop owner drops a 500Rs note passed to him by a customer and quickly replaces it with a 100Rs one explaining that you havent paid enough. I have had three friends have it at the same shop. We just about climbed the counter and throttled the guy the last time. We no longer go there. The shop is in Gurgaon, just off the NH8 one stop past the GM Road. Be careful as the blue 500s are very similar to the 100s.

Aug 23rd, 2007, 00:06	#2
PeakXV Naan.tering Nabob Join Date: Sep 2005 Location: Abode of Glooscap Posts: 4,186	Can happen in a taxi too. Make sure you exchange it with him over a counter top and state it's value clearly as you are placing it firmly in his hand! __________________ We shall not cease from exploration and at the end of all our exploring will be to arrive where we started ...and know the place for the first time. T.S. Eliot Don't go to India ~ Pre-trip Warnings & Misconceptions?

Aug 23rd, 2007, 00:12	#3
Nick-H Loud-mouthed, Noisy Bird Join Date: Oct 2004 Location: Chennai, India Posts: 26,747	It is crazy making them so similar. I find it hard to tell Rs.1 and Rs.2 coins apart without putting my glasses on --- but the consequences of a mistake are not so expensive. I paid a driver in 500s one night, instead of 100s, in the dark. We wondered why he was hanging around while we said hello to a neighbour. As we turned back to our house he said, "look what you people are giving me...". There are good drivers! __________________ . Just one member of the IndiaMike Mod Team

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Aug 23rd, 2007, 04:12	#4
ananda2193 Maha Guru Member Join Date: Oct 2004 Location: you essay Posts: 1,465	As I mentioned here awhile back, on my first trip to India I arrived in Bombay in the middle of the night and got a taxi outside the airport, not knowing that they have prepaid taxi's you can get inside. The taxi driver had a friend with him in the front seat. He asked me if I wanted to change money. As I had no rupees yet I said o.k. first asking the rate. He gave me my rupees and I gave him a $100 u.s. bill. Soon he say's that he changed his mind and doesn't want to change and tries to give me a $1 u.s. bill back . I tell him I didn't give you a dollar because I don't have any. He say's nothing and eventually takes me to a hotel that he knew and obviously got a commission out of. Not a bad hotel, but the next day changed to a hotel in Colaba.

Aug 23rd, 2007, 06:15	#6
Rama Member Join Date: Jul 2007 Location: Ayodhya Posts: 71	This is a good warning for those new to a currency! Here are the two notes in question: 100: http://en.wikipedia.org/wiki/Image:100Rupees.png 500: http://en.wikipedia.org/wiki/Image:500Rupees.png The 50 and 100 notes seem more similar, but of course there are two 500 notes.

Aug 23rd, 2007, 07:19	#7
PortieOwner Senior Member Join Date: Apr 2006 Location: Maryland Posts: 351	I don't understand why Gandhi is on both notes....

Aug 23rd, 2007, 11:40	#8
Nick-H Loud-mouthed, Noisy Bird Join Date: Oct 2004 Location: Chennai, India Posts: 26,747	Dunno... I think he was famous for something. Seriously... Gandhi is on all our notes! Here -> More than you ever wanted to know about Indian currency

Aug 23rd, 2007, 11:50	#9
capt_mahajan (in charge of navel affairs) Join Date: Sep 2005 Location: India Posts: 10,096	The scam of switching notes is quite common, with variations, in many parts of the world. Egs, 1. SriLanka around 1980 a guy changing our money gives us a bunch of notes and walks away. Besides the top two notes, the rest are pieces of paper cut to size 2. Early am, Mumbai domestic airport about 1995, an NRI tourist complains loudly to all and sundry that he gave a 100 USD note to a guy for changing to rupees; the guy claims it was a one dollar note. 3. Buenaventura Columbia 1979, we break a hundred dollar note at a bar and get all fake US dollar notes in exchange. 4. Last year, a cabbie in Mumbai tells me he it was a 100 rupee note and not 500. I told him it was actually a thousand rupee note, which solved the problem.

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