Our next item up for bid is also from the Jersey Central Bank foreclosure. This is a MICR encoder, a machine used to encode bank checks. Do I have an opening bid? Our unknown subject is a paperhanger who started working on the East Coast. In the last few weeks, this unsub has developed a new form of check fraud I'm calling "The Float." What he's doing is he's opening checking accounts at various banks, then changing the MICR ink routing numbers at the bottom of those checks. Next slide, please. Next slide, please.
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- To the moon. - To the moon.
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Remember that girl Joanna I was telling you about?
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You selling encyclopedias? He looks like a substitute teacher.
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Thanks.
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All right.
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There's 50 checks there, Frank, which means, from this day on, you're in their little club.
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Hi. I'm Frank Abagnale. I'm supposed to start work here today. It's a tour company operating out of the BVI. Sir, Mr. Abagnale is here. I'm gonna call you back.
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I have plenty of money. You know, if you ever need anything. You worried? About me?
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Yeah. Paper is double-bonded, much too heavy to be a bank check. Magnetic ink, it's raised against my fingers instead of flat.