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| Southeast Asia |
| Man held over millions in fake US notes in Asia |
| 2010-01-15 |
| A MAN was arrested in Malaysia with $66 million in fake US banknotes after trying to tip a hotel maid with an obsolete $500 bill, officials revealed today. Leave her a five next time ... A raid of the Lebanese man's hotel room in Kuala Lumpur turned up counterfeit notes in bundles of $1 million ($1.08 million), $100,000 ($108,000) and $500 ($542) notes last Sunday. Hotel staff were alerted after the housekeeper discovered her generous tip was fake when a nearby bank refused to change it. The man now faces up to 10 years in jail if convicted of possessing counterfeit currency. Bills of $500 were last printed in 1945 and are now no longer in wide circulation, according to the US Treasury Department. The largest US note ever printed was a special edition $100,000 bill, in 1934. This is not the first time the accused man has been in trouble with the law in Malaysia. In a separate case, a Malaysian court charged him last week with fraud over the sale of office supplies in 2005. |
| Posted by:tipper |
| #2 what about these $3 bills I got from Rep. Barney Frank as dividends? |
| Posted by: Frank G 2010-01-15 18:04 |
| #1 Million-dollar notes? Hundred-K notes? Never existed. Highest ever printed was 10,000's, if memory serves. And they were only used for inter-bank transfers. Ah - with Mr. Chase on the face: http://www.frbsf.org/currency/world/nocirc/1707fr.jpg |
| Posted by: mojo 2010-01-15 13:57 |