Police sources claim they have caught Mr Saboor in the act of conducting a transaction with the fake money.
The big question, though, is whether people have an appetite to pay money for the opportunity to wager fake money.
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Titles like Farmville popularized the concept and some people were spending thousands a month on fake money to build their fake farms.
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The notes, made in concentration camps under Operation Bernhard, were a German plot to destabilise the British economy by flooding the UK with the fake money.
While many people download the app and quickly lose interest when they figure out that they will have to purchase fake money to participate, Goldstein says that the people who stick on the service become very engaged users.
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So if money printing is only keeping stock prices higher and is not helping the underlying economies, then at some point the markets will no longer believe that the fake money being printed daily is the same as already existing money.
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Before you know it, the check turns out to be fake and your money is gone.
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Mr MacShane is standing down as an MP after a committee recommended a year's suspension from the Commons for claiming money using fake receipts.
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"I never thought I could make so much money fighting fake goods -- or that there are so many fakes out there, " says Wang, now 22.
He said the scheme included a criminal organization and fake receipts used to launder money for various companies.
Mercer is alleged to have taken money from a fake firm professing to work for the government of Fiji.
Critics have claimed it is a fake religion based on making money from its followers, which include film stars Tom Cruise and John Travolta.
David got his wallet but someone said the rain would ruin the leather so he wrapped his fake ID and everyone's money in a twist of magazine paper torn from an old issue of Adbusters.
"They evaded taxes and laundered money through the purchase of fake receipts that were later used to justify the issuance of checks whose amounts were deposited under a generic tax identification number, " Echegaray said, adding that HSBC never informed the AFIP tax agency about it.
What followed was a "fake" investigation designed "to protect the money machine known as 'Desperate Housewives, ' " Baute said.
These efforts are key if the company is to convince businesses that investing in the platform is not a waste of money - recent admissions over "fake" users and have dented the site's credibility.
This is when hackers set up hundreds of fake merchant accounts to simultaneously withdraw small sums of money from a single account--no one knows it has happened until it's over.
On Friday, the U.S. Attorney's Office in Newark announced a Feb. 22 court filing that alleges the artwork was purchased with money collected in a scheme that sold fake credits for renewable energy.
The anonymous satirist who runs "The Secret Diary of Fake Steve Jobs" started hitting up his readers for money-making ideas just weeks after being named to Business 2.0's list of "50 Who Matter Now, " even while, in character as Apple Chief Steve Jobs, he boasted about Apple's huge stock gains.
The anonymous satirist who runs "The Secret Diary of Fake Steve Jobs" started hitting up his readers for money-making ideas just weeks after being named to Business 2.0's list of "50 Who Matter Now, " even while, in character as Apple (nasdaq: AAPL - news - people ) Chief Steve Jobs, he boasted about Apple's huge stock gains.
On the stand, Greenberg explained how he quickly refunded money to a buyer once who claimed he had sold fake wine.
One demanded money and pointed at her what West first thought was a fake gun.
But behind any good idea, there is a crook looking to make money, and that's exactly what has spurred smartphone scammers to spread a new Android fake anti-virus program.
Fake and hacked accounts are everywhere on social networking sites and are frequently used to send malware or occasionally to extort money out of friends.
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Like Mr Kerviel, who used his knowledge of the bank's plumbing to create fictitious trades to cover his tracks, Mr Adoboli is alleged by sources close to an internal investigation of the affair to have bet the bank's money on the future price of various stock indices and to have then hidden these moves by creating offsetting fake transactions.
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