Man caught with $66m fake money after tipping $500
12 April 2012
A man was caught allegedly carrying fake money worth $66 million when he tipped a Kuala Lumpar hotel worker with a $500 note, police said today.
Malaysian police arrested a Lebanese man, who could be charged with possessing counterfeit money and, if found guilty, face 10 years in jail.
Hotel staff alerted police after the woman tried to convert the $500 note into local currency at a money changer.
The largest American note in wide circulation is a $100 bill. But police found bundles of $1 million, $100,000 and $500 notes in the man's hotel room in Kuala Lumpur, said Izany Abdul Ghany, head of the city's commercial crime unit.
Bills of $500 were last printed in 1945 and are now no longer in wide circulation.
