Monday 5 December 2016

Fraudster nabbed after hotel tip

Published 15/01/2010 | 09:18

A fake banknote for a non-existent 100,000 US dollars seized by police in Malaysia
A fake banknote for a non-existent 100,000 US dollars seized by police in Malaysia

Malaysian police have arrested a Lebanese man allegedly carrying fake currency with a value of 66 million US dollars (£40.4 million) after he tipped a hotel worker with a 500 US dollar note.

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The largest US note currently in circulation is a 100 dollar bill.

Yet police found bundles of one million, 100,000 and 500 dollar notes in the man's hotel room in Kuala Lumpur, the New Straits Times and The Star newspapers reported.

Hotel staff reportedly alerted police after a housekeeper received a 500 dollar note tip, only to find it was a fake when she took it to a money changer.

The man could be charged for possessing counterfeit money. If found guilty, he could face up to 10 years in jail.

The largest US bill ever printed was a special edition 100,000 dollar note in 1934. Bills of 500 dollars were last printed in 1945 and are now no longer in circulation.

The man has previously been in trouble with Malaysian authorities, reports said.

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