Do you understand what we're saying to you, Frank?
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5.1s
But you won't say anything because it's just silly, isn't it?
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2.6s
Do you need some money, Frankie?
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4.2s
Is it all right if I write you a check for the room? - No problem, sir. - Great.
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11.3s
Great. I'll write you a check. Sorry, no checks, no cash. You'll have to fill in your employee I.D. number. I'll bill Pan Am, and they'll take it out of your next paycheck.
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1.5s
Yes.
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8.7s
Dad, have you gotten the postcards? Of course. This fork is ice-cold. No, Dad, that's a chilled salad fork.
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8.1s
I'm sorry, sir. We won't have any cash until the banks open in an hour. But I'm sure they can cash your check at the airport.
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3.6s
Would you like a drink after takeoff? Milk?
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2.2s
- Have a seat. - Thank you.
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2.1s
- Eighty knots. - Check.
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1.5s
Sit down.
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27.1s
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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3.8s
I don't exactly know. Nobody ever asked me that before.
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5s
They're called routing numbers. So where do the checks get routed to?
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2.2s
- They're right here. - Right there?
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2.4s
And where are these numbers?
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7s
Then we feed the checks into the MICR machine, which uses special ink to encode the account numbers on the bottom of the checks.