Man tries to open account with $1M bill
A Georgia man was arrested at a bank where he tried to open an account at a South Carolina bank with a counterfeit $1 million bill.
Alexander Smith of Augusta, Ga., faces charges that include disorderly conduct and forgery, The Aiken (S.C.) Standard reported.
The U.S. Treasury has never printed bills as large in denomination as $1 million. The highest denomination bill ever, the 1934 $100,000 Series E Gold Standard, was used only for government-to-government transactions and no bills larger than $100 have been printed for decades.
Smith allegedly presented his $1 million bill Monday to a Regions bank branch in Clearwater. When employees refused to accept it, he cursed at them.
Aiken County sheriff's deputies say that Smith also used a stolen check to buy cartons of cigarettes from a store near the bank on Sunday. He allegedly returned to the store Monday with another check but the manager refused to accept it. // Copyright 2007 by United Press International
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