Search Blog Posts

Tuesday, June 26, 2012

TD Bank fights NJ county over coin-counting machine tests

Covering up bank fraud, you thunk?
This is an example of a TD Bank Penny Arcade coin-counting machine.
This is an example of a TD Bank Penny Arcade coin-counting machine. / Photo courtesy TD Bank
-- TD Bank is fighting Ocean County, New Jersey, consumer protection authorities who want to test the bank’s Penny Arcade machines to make sure your jar’s worth of coins is counted correctly.

The county’s division of weights and measures, which inspects and verifies everything from the scale at the supermarket’s deli counter to gasoline pumps, recently filed a summons against TD Bank’s branch on Hooper Avenue in Toms River.

The branch had two “unregistered weighing and measuring devices” – the bank’s coin counting machines – court papers state. The enforcement action against the bank’s machines by county weights and measures inspectors is a first in New Jersey.

TD Bank said it will fight the county’s efforts to inspect the machines. A hearing is scheduled for July 16 in Toms River Municipal Court. Finish reading>>
TD Bank fights NJ county over coin-counting machine tests | The News Journal | delawareonline.com