NewsFact or Fiction

Actions

Fact or Fiction: Company tried to pay $23,000 settlement in coins?

Posted at 7:48 PM, Oct 26, 2023
and last updated 2023-10-26 22:48:34-04

(KGTV) — A story you may have seen claims a Colorado company tried to pay a $23,000 settlement in coins.

It's true.

Welding company JMF Enterprises paid a subcontractor $23,500 in loose coins that weighed more than three tons.

That was too heavy to be carried in the subcontractor's freight elevator and they were not amused.

So they sued and the judge wasn't amused either.

He ordered JMF to pay the settlement in a more conventional manner, like a check.

The company must also pay the plaintiff's legal fees, which will tack on an additional $8,000.