Is it illegal to burn, cut-up or deface currency? If so is it a misdemeanor or felony and what are penalties?
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This entry was posted on Saturday, September 6th, 2008 at 8:53 am and is filed under Currency Trading. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
September 6th, 2008 at 8:53 am
Or you can simply give me the money you are going to destroy and I can save you the trouble
September 6th, 2008 at 8:53 am
If you have money you’re not wanting–I’d be happy to take it off your hands….
September 6th, 2008 at 8:53 am
yes it is illegal (in the US), because it’s defacing Gov’t property…
not sure on the rest…
September 6th, 2008 at 8:53 am
It’s basically worthless paper anyway.
September 6th, 2008 at 8:53 am
Sounds like a self-punishing crime to me.
September 6th, 2008 at 8:53 am
The spirit of the original law was to prevent someone from altering a bill or a coin to make it worth more than it should be. No one is going to care if you burn your money or stick a penny in an amusement park coin altering machine.
September 6th, 2008 at 8:53 am
ITS ILLEGAL ALL MONEY IS ACTUALLY PROPERTY OF THE US GOVERMENT THE PENALTY JAIL all take the that money burden of your hands though
September 6th, 2008 at 8:53 am
It is not illegal to burn, cut up, or deface US currency.
It IS illegal to burn, cut up, or deface US currency and then TRY TO PASS IT OFF as legal tender. That is a Federal Offense.
September 6th, 2008 at 8:53 am
Yes, it is a federal offence. And i think it can be felony or misdemenor depending on the amount. But why on this crazy earth would you even want to. Hell, all the money here is going to oil exporting nations… There isnt much left to burn or deface, anyway.
Decider 1 is not correct. Someone recently had a hissy fit in front of a bank concerning the devision of a check that was cashed between a freshly seperated couple. The guy ripped up his portion in disgust ant threw it down. He was quickly caught and arrested and was found guilty and sent to federal prison. He never attempted to pass the ripped up peices as tender for debt or services, yet he is in the pokey as I type this.