Fact Check: Did Italians Throw Away Currency Notes?

The Logical Indian Fact Check team investigates the claim that Italians threw away money.

India   |   1 April 2020 1:04 PM GMT / Updated : 2020-04-02T09:31:06+05:30
Editor : Bharat Nayak | By : Aditi Chattopadhyay
Fact Check: Did Italians Throw Away Currency Notes?

Image credit: Deepak Ahuja/Facebook

A WhatsApp message showing an image of currency strewn on the road has been doing the rounds with the claim that Italians are throwing away their money since it is useless now.

As of April 1, the number of confirmed COVID-19 cases in Italy is 105,792, The infection has claimed 12,428 lives.

"The richest people of Italy threw the money on the roads and said that this wealth did not work in our bad times. We could not save our loved ones with this wealth. We could not save our children. The lesson is for those who value money more than humanity," reads the viral forward.

The claim is viral on Facebook and Twitter.

"Wealthy Italians have come to realize how VALUELESS money is. As they throw the paper shit on the streets," wrote a Twitter user.

"Italians threw their money on the streets. They say it's of no use to them now," wrote a Facebook user.


One of our community members also asked us to verify the claim.


Claim:

Italians threw away money.

Fact Check:

The claim is false. The viral pictures are a year old and from Venezuela. The reverse search of the image shows that these pictures are much older than the coronavirus outbreak.


According to Snopes, these pictures were taken in Venezuela in March 2019. The currency seen in the image is Venezuela's old currency, the Bolívar Fuerte, which was replaced by a new form of currency, the Bolivar Soberano, in August 2018.

Quite naturally, Venezuelans threw their old notes on the streets as they became worthless for them.

If you have any news that you believe needs to be fact-checked, please email us at factcheck@thelogicalindian.com or WhatsApp at 6364000343

Also Read: Fact Check: No, PM Modi Did Not Announce Internet Shut Down

Claim Review :  Italians threw away money.
Claimed By :  WhatsApp Forward
Fact Check :  False
Suggest a correction

    Help Us Correct

    To err is human, to help correct is humane
    Identified a factual or typographical error in this story? Kindly use this form to alert our editors
  • *
  • *
  • *
  • Form Submitted Successfully
    Error in submitting form. Try again later

Contributors

Aditi Chattopadhyay

Aditi Chattopadhyay

Fact Checker

"I like to read, cook my own food and note down witty lines. Fact checking reminds of the time when I was a kid and would go hunting for whatever caught my fancy in that moment."

Bharat Nayak

Bharat Nayak

Founding Editor- Special Project

I am a passionate writer and believe in the power of the social media to bring about social change – it is the small things that each one of us add that contribute to the bigger picture.

Aditi Chattopadhyay

Aditi Chattopadhyay

Fact Checker

"I like to read, cook my own food and note down witty lines. Fact checking reminds of the time when I was a kid and would go hunting for whatever caught my fancy in that moment."

Next Story