KUALA LUMPUR, Malaysia (AP) — Malaysian police have arrested a Lebanese man allegedly(accused of ) carrying fake currency with a face value of $66 million after he tipped a hotel staff with a $500 note, an official said on Friday.
The largest U.S. note currently in wide circulation is a $100 bill. But police have also found bundles of $1 million, $100,000 and $500 notes in the man’s hotel room in Kuala Lumpur on Sunday, said Izany Abdul Ghany, head of Kuala Lumpur crime (illegal) division.
The hotel staff alerted local police after a housekeeper received a $500 note tip and found out it was fake (surreal) when she tried to convert it to local currency at a money changer, Izany said.
The accused man could be charged for possessing counterfeit money and, if found guilty, could face up to 10 years in jail, he said.
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, (laundering)according to the U.S. Treasury Department.
This is not the first time the man has been in trouble with the law in Malaysia, Izany said.
A Malaysian court charged him last week with cheating over the sale of office supplies in 2005 in a separate case. Cheating, or fraud, carries a maximum penalty of five years in the city.
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