Viral images of money on the street has nothing to do with Italy or coronavirus
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Viral images of money on the street has nothing to do with Italy or coronavirus

The image is from 2019 when robbers looted a bank in a town in Venezuela called Merida.

   
money on streets

Photograph showing money scattered on streets | Twitter | @madgwal

New Delhi: A photograph showing piles of currency notes scattered on the streets of Italy has been doing the rounds of social media, with the claim that Italians were throwing money out of desperation amid rising Covid-19 deaths in the country.

The image, shared widely on Facebook and Twitter, has been captioned: “People in Italy have thrown all their money on the streets, as they say it is of no use.”

Italy has seen more than 12,000 deaths so far, while over 1 lakh cases have been reported across the country.

https://twitter.com/madgwal/status/1244915481330372608?s=20

The image has been shared by multiple handles on social media sites. One Facebook post has received over 100 likes and was shared more than 500 times.

The photograph is also being circulated widely via WhatsApp.


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Fact check

The image is an old one and not related to the coronavirus pandemic. The incident is from Venezuela, where a bank was looted in a town called Merida on 11 March 2019.

According to the fact checking website snopes.com, the money thrown on the streets is Venezuela’s old currency — the Bolívar Fuerte — which was replaced by the new form of currency — Bolivar Soberano — in August 2018.

A Venezuelan news outlet has compiled many tweets and photographs of the incident. It has been reported that people who robbed the bank discarded the older currency notes on the streets and even lit some on fire.

In collaboration with SM Hoaxslayer.


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