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Guess what? This just happened. This is breaking news
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The exchange office behind me does not have a license to change money
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because it was just taken away by the Czech National Bank, the license
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So as of right now, they're pretty much the same thing as the money scam changers on the street
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That's exactly what they're doing right now. If the guy is going to change money, it's not only going to be a problem for him
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but I bet for the people who run this place as well. because if your license is taken away, you do not want to violate it
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Also, not only the license was taken away, but they were fined 1.5 million crowns
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If you follow the story, you already know it. They have double exchange lists
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They have an exchange list where it says, this is not exchange list
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with the exchange rate that is in your favor, but then under it is the exchange rate that they actually exchange you money for
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The place is owned by a fiction person that does exist but does not actually own this place
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We call the cops to see what will happen and we're gonna stick around to see what they will have to say
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But at this point I don't think the Czech National Bank has to deal with it because it's not an exchange office
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It just an illegal money Wow so the place just didn shut down
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but they actually turned off their lights just now. Actually, as the cops were telling us
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that they can't really physically shut them down, the girl turned off the lights and walked away
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How bizarre is that? It's closed, they shut down
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This, what is not an exchange office because it does not have a license, finally shut down
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They put the chain on the door and hopefully they will never open again
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Why are we so happy about the fact that this place just shut down after years
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It's because they were destroying Prague. They were stealing money off tourists
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They were cheating them. They were lying to them. There were people crying in this exact location and many others every single day
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On my birthday, I want to say this story. On my birthday, on the 24th of December, Christmas Eve, I was here
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There were a couple of tourists that were cheated. And I asked the woman, I said, look, it's Christmas Eve
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Can you just give the money back? And she looked at me she said give it to them yourself Which I eventually did which was a bad idea But anyhow after years the Czech National Bank took away the license from this place so it would be illegal for them to reopen which I hope
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they will not do. Thank you so much for watching this epic, epic exchange offices story in Prague
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and we hope these guys will not reopen somewhere else, but we'll definitely keep our eye on it
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This story about these exchange offices is much wider and much deeper than just a bad exchange rate on the street
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So if you want to know the full story, there will be a link below in the description where you can watch all the videos
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And I hope they will not only entertain you, but educate you how some people can do business in Czech Republic
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If you do want to support us on our crazy journey in Prague and catching scammers, exposing them
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we'll be more than happy if you support us, if you can, on Patreon
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That's it from Prague, from the Honest Guides. My name is Janek. That's Hansa behind the camera
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I'm honestly super happy today, man. Thank you so much. Let me just stand by it for a minute
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Excuse me, can I change my money? Oh, I can't because you're closed. Bummer. Oh, but there's a good place right there and there's a good place right there
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And a Czech word at the end is zavřeno. Closed. Zavřeno. Well I guess the story continues because this exchange office does not only have one place where they operate it a whole chain
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So here's another one right behind me that has also lost its license today
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So we're going to try calling the cops, because we actually just exchanged money there, which seriously violates the law
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You can't just change money without a license. The girl that was inside eventually shut the place down just as the cops arrived
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She was facing their questions, but I think that's very unfair from the actual owners of this place
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who are such cowards that they would rather hide behind this girl, which I do not think is fair
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They should be the ones who should face the cops and face the consequences of what they're actually doing
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I'm not saying she's an angel, but, you know