100k cash drop in AKL - but fake or real money!

Forums › Off topic › 100k cash drop in AKL - but fake or real money!

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#2616835 6-Dec-2020 01:12

I saw the news hub story on this, and they interviewed someone who said they have travelled to Auckland especially for the event. It was a sad story of desperation where he had hoped to get enough money for petrol back and their child's operation . Really sad to see this sort of thing thing happening in NZ. Initially when I heard this story I thought it was from the US

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#2616842 6-Dec-2020 07:59

Really poorly thought out. Reminds me of that WKRP episode where the station manager threw turkeys at a crowd out of a helicopter, thinking they could fly.

I dunno about the company reimbursing people, but I'd like to think whatever genius at the "safety" company that dreamed this one up is looking for a new line of work. Seriously, what did they expect would happen?

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#2616851 6-Dec-2020 08:26

Surely questions also need to be asked about the council approving such an event.

JaseNZ

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#2616978 6-Dec-2020 13:46

Have not seen the actual fake money, would counterfeit come into play here if it looked so real ??.

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#2616992 6-Dec-2020 14:11

JaseNZ:

Have not seen the actual fake money, would counterfeit come into play here if it looked so real ??.

There are plenty of photos on FB and news networks had the stuff last night. It wasn't very real at all.

Oblivian

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#2617009 6-Dec-2020 14:52

$5 colour copied - so no window.

'greenback' wording added. Face modified, and serial number reversed. Guess they gathered the old '30%+' change lets them away with it trick.

Is an image of it on NZH now

https://www.nzherald.co.nz/nz/fake-money-fury-boycott-page-set-up-after-anger-over-safety-warehouse-stunt/A76VC3MX4VEHYI2ZKBPJJEWXSE/

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#2617124 6-Dec-2020 20:24

I'm trying think of a cliche to sum up what happened here, but the best I can think of is the opposite of "a fool and his money are soon parted"...but I don't know what that would be.

gzt

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#2617142 6-Dec-2020 22:11

The first money in pictures I saw did not look real. Some of the pictures in NZH look real at a glance. It was designed intentionally to be very similar.

Could you get away with handing this over the counter in a busy bar or similar environment? Don't know haven't seen it. The colour looks similar enough.

In a lolly scramble situation where people believed there was cash coming down it's not surprising some could be fooled by it initially.

Oblivian

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#2617152 6-Dec-2020 22:49

The organisers now trying to say there was real money mixed in, but clearly someone must have hogged it all so the the ones who missed out are just the vocal ones we are hearing from...

Their name is tainted. No doubt there.

https://www.nzherald.co.nz/nz/safety-warehouse-boss-andrew-thorn-denies-fake-money-claims-as-backlash-grows/3ERZSTNZPHCWBLG4FOZKJ53TQ4/

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#2617157 6-Dec-2020 23:14

Was 100k really mixed in with the coupons , Either way bet they were not expecting what happened.

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#2617159 6-Dec-2020 23:21

Three page media release from the company hitting back at those petitioning for vouchers to be swapped back for cash:

https://www.stuff.co.nz/national/300176194/organiser-hits-out-at-compensation-demand-over-fake-money-handed-out-at-100k-giveaway

No mention of if $100k in cash was actually dropped in this article, but it does include a marketing image describing the event at "The Drop - 100k Live Cash Giveaway NZ".

Somebody on another site said it could be a tax evasion strategy. Whats this $100k promotional expense here? - Oh that was the cash giveaway we did. We got $100k out from the bank in 5's and threw it into a crowed of people, none of it ended up back at my place.

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neb

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#2617162 6-Dec-2020 23:30

All the company needs to do to demonstrate how much cash was there is post the bank withdrawal receipt. You don't get $100K, or indeed $1, without there being a paper trail.

Scott3

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#2617165 6-Dec-2020 23:56

neb: All the company needs to do to demonstrate how much cash was there is post the bank withdrawal receipt. You don't get $100K, or indeed $1, without there being a paper trail.

Get out $100k, keep $95k at home. Drop $5k on the plebs, say it was $100k, spend $5k on venue hire, scafford etc. $23k tax evaded at 33% rate.

[edit], but I highly suspect that they never got $100k out, and the statement saying they dropped $100k in cash + 40k in vouchers was false.

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#2617167 6-Dec-2020 23:56

I am not sure if the company had paid the media off to give coverage (even if bad coverage) but what a phenomnal marketing investment. Front page with their brand name for days and for what was a pretty uninspiring event attracting those without much money.

If they prove they did what they said they were going to do (i.e. they did give away $100,000), then there isn't much to complain about and in fact some pity for people literally physically attacking them.

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#2617182 7-Dec-2020 07:15

Zeon:

I am not sure if the company had paid the media off to give coverage (even if bad coverage) but what a phenomnal marketing investment. Front page with their brand name for days and for what was a pretty uninspiring event attracting those without much money.

For a normal company you can argue all publicity is fundamentally good publicity.. Except this company just has dodgy written all over it - from the website which looks like a scam site, to the owner of the company who has a history of making it in the news.

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