A generous tip leads police to fake million-dollar bills

  • Sun Jan 17th, 2010 10:08pm
  • News

Associated Press

KUALA LUMPUR, Malaysia — Malaysian police have arrested a Lebanese man allegedly carrying fake currency with a face value of $66 million after he tipped a hotel staff with a $500 note, news reports said Friday.

The largest U.S. note currently in 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, the New Straits Times and The Star newspapers reported.

Hotel staff reportedly alerted police last week after a housekeeper received a $500 note tip and found out it was fake when she tried to convert it to local currency at a money changer.

The largest U.S. note ever printed was a special edition one for $100,000 in 1934. Bills of $500 were last printed in 1945 and are now no longer in wide circulation, according to the U.S. Treasury Department.