Fact Check: Are people in Italy really throwing money on the streets?

Claim: Italians throwing ir money on streets

Rating: False

What is rumour about?

rumour is about Italians throwing ir money on streets stating that it is useless for m w. 

Who is spreading rumour?

• Many social media users, especially on Twitter and Facebook, were seen sharing se ims stating that rich Italians are throwing away ir money. People are stating that money can't buy m health and thus money is of use for m right w. 
• Few foreign journalists even shared tweet and this might have been instrumental in making ors believe  rumour to be true. 
• Italy's death toll has crossed 12,000, which is maximum number of deaths recorded due to virus outbreak anywhere in  world so far. 

Im courtesy: Twitter

Im courtesy: Twitter

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Google Trends analysis

Take a look at massive number of people who searched for rumour in India after it was spread like wildfire all over country. Yesterday, on March 31, maximum number of people had searched for  same rumour. 

Im courtesy: Google Trends

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Republic World did a fact check on Italians throwing ir money rumour 

• According to fact check performed by Republic World team, rumour is False.
• actual im is from Venezuelan streets where old Bolivar currency was thrown out on streets. 
• Reportedly, im is from Venezuela, where former form of currency was thrown out on streets after a bank was looted.
• Many Venezuelan journalists and social media users had shared se ims after looting incident. 
• viral photograph was apparently taken on March 11, 2019. news outlets of Venezuela had mentioned during that time that people who looted bank had thrown out old money on streets while some were even lit on fire.
• After performing a reverse im search, ims seem to be from a Facebook post from March 2019. im had been used in many or media outlets as well. 

Im courtesy: Facebook

• currency that one can see in im is old currency of Venezuela kwn as Bolívar Fuerte. One can compare currency on streets with old Bolivar Fuerte ims from Wikipedia. 

Im courtesy: Wikipedia

Im courtesy: Facebook

• old currency kwn as Bolivar Fuerte was replaced by new currency called Bolivar Sobera, in August 2018. old Bolívar Fuerte currency was withdrawn on December 5, 2018, after which  old currency had value.

Im courtesy: Facebook

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