Big Money
A gentleman in South Carolina recently tried to open a new bank account with a $1, 000,000 dollar bill. Yes, that number has exactly as many zeros as it should.
It was, obviously, a fake. The article I read, from accountingweb, mentioned the largest denominations of (legitimate) U.S. currency ever made and I got curious.
For more information on REAL high dollar value currency, generally only used to transfer money from one Federal Reserve Bank to another and not in circulation, check out the Wikipedia entry on the subject.
the largest U.S. currency ever printed
The genius "millionaire" was charged with forgery - since there is no such thing as a million dollar note they were unable to charge him with counterfeiting, which carries a bigger penalty.
It was, obviously, a fake. The article I read, from accountingweb, mentioned the largest denominations of (legitimate) U.S. currency ever made and I got curious.
For more information on REAL high dollar value currency, generally only used to transfer money from one Federal Reserve Bank to another and not in circulation, check out the Wikipedia entry on the subject.
the largest U.S. currency ever printed The genius "millionaire" was charged with forgery - since there is no such thing as a million dollar note they were unable to charge him with counterfeiting, which carries a bigger penalty.
Labels: Fun Stuff
posted by Dy at 10:33 PM
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