Lebanese arrested for fake US$1m bill
Source: Agencies |
January 16, 2010, Saturday
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MALAYSIAN police have arrested a Lebanese man allegedly carrying fake currency with a face value of US$66 million after he tipped a hotel worker with a US$500 note, an official said yesterday.
The largest United States note currently in wide circulation is a US$100 bill. But police found bundles of US$1?million, US$100,000 and US$500 notes in the man's hotel room in Kuala Lumpur on Sunday, said Izany Abdul Ghany, head of the city's commercial crime unit.
Hotel staff alerted police after a housekeeper received a US$500 note tip and found out it was fake when she tried to convert it to local currency, Izany said.
The man could be charged for possessing counterfeit money and, if found guilty, face up to 10 years in jail.
The largest US note ever printed was a special edition one for US$100,000 in 1934. Bills of US$500 were last printed in 1945 and are now no longer in wide circulation, according to the US Treasury Department.
This is not the first time the man has been in trouble in Malaysia. A Malaysian court charged him last week with cheating over the sale of office supplies in 2005.
The largest United States note currently in wide circulation is a US$100 bill. But police found bundles of US$1?million, US$100,000 and US$500 notes in the man's hotel room in Kuala Lumpur on Sunday, said Izany Abdul Ghany, head of the city's commercial crime unit.
Hotel staff alerted police after a housekeeper received a US$500 note tip and found out it was fake when she tried to convert it to local currency, Izany said.
The man could be charged for possessing counterfeit money and, if found guilty, face up to 10 years in jail.
The largest US note ever printed was a special edition one for US$100,000 in 1934. Bills of US$500 were last printed in 1945 and are now no longer in wide circulation, according to the US Treasury Department.
This is not the first time the man has been in trouble in Malaysia. A Malaysian court charged him last week with cheating over the sale of office supplies in 2005.
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