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TRAVEL SCAM
Prague, Czech Republic
Currency Exchange Scam
Exchange offices trick tourists with misleading rates or hidden fees despite advertising “no commission.”
High Risk
COMMON LOCATIONS
Old Town, airports, train stations, tourist centers
HOW IT HAPPENS
HOW THE SCAM WORKS
1. Tourist visits exchange office in tourist area
2. Office advertises “no commission” rates
3. Applies hidden fees or poor exchange rate
4. Tourist receives much less money than expected
WATCH FOR THIS
WARNING SIGNS
• “No commission” signs everywhere
• Rates not clearly explained
• Final amount much lower than expected
• Staff rushing transaction
STAY SMART
HOW TO AVOID IT
• Always check real exchange rate online
• Ask exact amount before exchange
• Use bank ATMs instead of street offices
• Avoid exchange shops in tourist hotspots
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