Commerce Commission investigates case of fake money fall



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The Commerce Commission has opened an investigation into the statements made by Greenback Ecommerce Limited as The Safety Warehouse in relation to the event “The Drop” on December 5.

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Photo: Supplied

Saturday’s PR event had promised a $ 100,000 drop from the sky, but it turned out to be fake money that could be used as discount coupons.

The online store, which sells protective clothing, had announced that $ 100,000 in cash would be given away in a “live cash raffle”, with the promise that “REAL MONEY will fly from the sky.”

Some people traveled long distances on their own to attend the event.

The Commission had received four complaints as of Monday and said it would review them.

A real $ 5 bill (above) and a fake $ 5 bill handed out in the Safety Warehouse promo.

A real $ 5 bill (above) and a fake $ 5 bill handed out in the Safety Warehouse promo.
Photo: Supplied / John Murphy

In a statement tonight, he said the number of complaints had risen to nine, including two referred by the police.

The commission confirmed that it had opened an investigation into whether any statement about the event violated the Fair Trade Act of 1986.

The law prohibits deceptive and deceptive conduct and the commission enforces it.

Prime Minister Jacinda Ardern apologized to the event organizers.

Safety Warehouse CEO Andrew Thorn had said in a statement Monday that the company supported its marketing and the coupons issued.

The commission said it would not comment further while the investigation was ongoing.

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