Tuesday, March 14, 2006

This guy's stash could be used to rebuild the Gulf Coast

According to Reuters,

a man was busted in L.A. with $250 billion in counterfeit money. In his case, 250 one billion dollar bills.

LOS ANGELES (Reuters) - The counterfeit money looked good, but there was one flaw. There's no such thing as a one billion dollar bill.
U.S. Customs agents in California said on Tuesday they had found 250 bogus billion dollar bills while investigating a man charged with currency smuggling.

Tekle Zigetta, 45, pleaded guilty to three federal counts of trying to bring cash, phony bills and a fake $100,000 gold certificate into the United States in January.

Further investigation led agents to a West Hollywood apartment where they found the stash of yellowing and wrinkled one billion dollar bills with an issue date of 1934 and bearing a picture of President Grover Cleveland.

"You would think the $1 billion denomination would be a giveaway that these notes are fake, but some people are still taken in," said James Todak, a secret services agent involved in the probe.

A billion dollar bill. Wonder what happens if you go to McDonald's, buy a hamburger, hand them one and ask for change.

1 comment:

Anonymous said...

What...no blame on the Bush Administration for this one. You think they deserve the blame for everything else!