BIGGEST SCAM IN PRAGUE SOLVED? (Honest Guide)

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Sheerios : Why most of the cashier recorded this guy?

Insight Curiosity. : save on commission and spend on other things.

snafuart : According to EU laws you should be able to press charges, since claiming a zero percent rate is a fraud on purpose, means: A criminal act. Blessings from Germany, keep on doing your great work.

Ben Sassoon : I went on a free walking tour here last month, and my tour guide stopped the group outside Cheque Point. He paused, took a deep breath and screamed at the top of his voice "EVERYONE LISTEN. DO NOT CHANGE YOUR MONEY HERE. IT IS A SCAM" and then we continued on the tour. It was amazing.

TheAAchannel : You do a good job! I was cheated in Prague as well and that's why I support you by sharing your vids to my friends :D Thanks

Canadian Guy : How did he have the right sticker for every place he visited?

Thomas Müller : why there are africans who runs a exchange place in middle of prague? :D

Habib Alrahbi : You are a super hero man

Karl Napp : Put those stickers on a bicycle and park it in front there. They cant do nothing about that.

Hiloy Dins : cant the goverment do something about it? It will affect the image of your country

xcorpox : To be 100% factual, the exchange place is technically right and Janek is the one falsely advertising it, as technically there is 0% "commission", but a bad rate, which is not a "commission". But since both parties use the term loosely to their advantage, it is ok:) The thing is, there are 3 issues with that place - if there were no dumb people this place would've closed long time ago. It is not so hard to check exchange rates and especially in Czech the exchange rate hasn't changed by more than 5% in the last 10-15 years so all you need to do is know the rough estimate of the exchange rate - 25-27 CZK to 1 EUR at least in the last 15 years. You also obviously have to know the difference between "buy" (they buy the EU from you) and "sell" (they sell to you), which is also not very hard to memorise. So the scammers can only survive as long as there are enough dumb people and since there is an infinite influx of dumb people nowadays, even with the advance of the internet and the availability of simple knowledge like that, they have nothing to loose and they can cash in. Then you have the government not putting simple rules such as "you can't sell currency for this % amount below the selling price" or other policies prohibiting 40% commissions. So if they wanted, they could stop it easily, but it is obvious there is corruption involved in Czech, no other explanation. And finally, the scammers. They base their business on scamming people not on actual income. They have the best place in Prague where 20-30 Million people visit yearly. Every tourist has crossed around their store at least one time. Imagine if they had a normal 2-3% commission at the best place in Prague, people would be lining up to exchange their money there. Granted it is not easy money like that, but at the end of the day if only 10% of those people exchanged the small amount of 100 euro (most exchange more) they are looking at at least 5-6 Million euro yearly. With a honest business and not having the issue they are having now being posted all over youtube:)

chimaera41 : Not all hero wear capes.. BRAVO

MUHAMMAD KHAIRI AIMRAN : RULE OF THUMB, ALWAYS EXCHANGE YOUR MONEY FROM YOUR OWN COUNTRY... UNLESS YOU LIVE IN PRAGUE. LOL

Tina Taki : Janek you are a freaking legend!!

WYN TV : Dude you're a legend

I love Service dogs : How were they just allowed to cheat people like that is how can that not be against the law

kevinbrueck : You're doing God's work. Papa bless.

Balraj Singh : lol it's called capitalism

Whatthefuckdidyoujustfuckingsayaboutme : Why don't Czech have false advertisement legislation? In my country this practice is extremely illegal and you'd be fined and closed within a day.

intercitty : use your debit card to take cash out of a banks ATM. these shit shops are waaay outdated

accountname0 : You are a brave man.

Abdullah Alsalmi : This video was downloaded on my birthday 🎉

Farouk Mogheth : I never ever wrote a single comment before on YouTube but I had to thank you! Praha is my city and I've seen those crooks untouched for so long! I'm also extremely happy with the new law that will pass through the parliament with legal rights to return/cancel your transaction within 2 hours + strict rules (1 template) for displaying the rates. Vrele Vam dekuji. Prahu miluji i kdyz bydlim mimo cesko ale vidim jak mesto kvete rok co rok. Misto uzasnych guides co mate, opravdu mestu delate dobre a citim jaky mate vrely vztah a dbate na to ze mesto je o to lepsi. Jeste jednou dekuji! For more info: The cheating isn't by giving a bad exchange rate. The higher -closer to normal- rate is advertised in a visible place at eye level and once you give the money you are given almost half of what should be. The explanation? The fine print on that board mentions the rate for exchanging more than e.g.10,000€ and anything less follows the other board with a much lousier exchange rate (look at an obscure corner or a less visible place). Till the new law passes into effect, NEVER give money in advance unless you get a printed paper calculation of what's the final amount. Otherwise, as much as there are many crooks in that sector, all is not lost as there are so many following the rules and honest. Everyone has an ATM card. Use that without problems & exchange rates aren't bad. Enjoy Prague everyone and truly hope everyone enjoys their stay there. Thanks again guys in making these videos 👍

Matthew Downes : Haha! I went to this place to see for myself, and they yelled at me to get out when I stopped several people from exchanging there by showing how bad the exchange was.

Tan TK : He is doing a good thing but isn't this illegal

paraescucharrap : You do not need a stupid sign telling you how much commission they charge. You just need to know what the current official rate from your currency to crown is (just Google it!!!) and if you see a huge fucking difference, don't change money in there. Come on that is traveling 101

phynesse2000 : Cashier was right, you don't matter, he said they ve been there for 30 years. This video is nice sentiment, but it s only traffic generator. IF YOU WERE SERIOUS YOU WOULD BE LOBBYING LOCAL GOVT TO CHANGE REGULATIONS FORBIDDING THIS SCAMMING.

Czechoslovakia : Shit, I gotta fix this. I need to change my government spending asap.

Liveinsydney : I was in Prague in June and because of you I got 25 k per Euro! Bernie in sydney

Meatduck : Thank you for making these videos!

Fares Berreghis : Keep it going bro purging ur country from these vampires, good luck sir 😎😎😎😎😎😎😎😎

David Feuer : I love your videos :D So awesome

AMIR : i just watched your 2 nd video and am your fan, i hate scammers like no other, what a lovely video , with a cute smile you gave scammers hell lot of headache , keep it up

Pedro Luft : Yesterday I saw a tour guide taking a big group of tourists inside Chequepoint. I talked to a guy in the group and he could convince the rest not to exchange money there. They all thanked me, except for the tour guide. He was so pissed! I'm still laughing. It made my day. Thank you for your work guys! This channel is amazing! Cheers from Brazil ;))

Breenud39 TV : Ofcourse they were immigrants from African countries or places like Albania..

Xtreme Gamerz : 😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂

Game world : You should mass produce this and keep sticking it there everyday set up a fund page for it i am sure ppl will fund it and CHANGE THE STICKERS to the one that breaks up to many pieces when it is peeled.

Le Americana Goblino : All of these third worlders that come and ruin the west. No nationalism or investment in community. Send them all back!

D-G-A-F : Where do you change your money?

Nath_SoM R. : Almost 100k subs!

Hope Hurteau : USE STICKERS THAT BREAK INTO LITTLE CHUNKS WHEN THEY TRY TO REMOVE THEM

Mr Mcnutty : I went to prague in summer and I went to the 42 commission thing wow

Hope Hurteau : they will never show the police their videos, cuz then they would be arrested for false advertising

pi : I hope your government does something. Good luck.

Temp.2016 Temp : You doing great job..please expand your channel to other countries too

Vladimír Hercík : zkurvený negři....

A Thug Slime : During my visit to Prague my father was always going to fall on the traps but thanks to you we didn't

Zakir Shah : I'm sorry what is commission

Michael Thompson : Hahaha, props to you for doing that. How can you get an honest exchange their?

Ken Lee : That corner place on the Old Town square with the giant 0% sign is a major eyesore. For aesthetic reasons at least, the authorities should ask them to take it down.