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Man busted with billion dollar bills
Reuters ^ | March 15, 2006 | Staff

Posted on 03/15/2006 1:37:49 AM PST by MadIvan

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, phoney bills and a fake $100,000 (57,000 pound) 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.


TOPICS: Business/Economy; Crime/Corruption; Government; News/Current Events; US: California
KEYWORDS: billion; california; counterfeit; grovercleveland; teklezigetta
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To: MadIvan

thats funny,

"yeah, I'll have a big mac, fries and diet coke!.., what no change for a billion?"


41 posted on 03/15/2006 5:13:16 PM PST by captmar-vell
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To: Acts 2:38

I think the current high school history courses in New Zealand don't cover US history anymore. Absolutely nothing.


42 posted on 03/15/2006 5:17:19 PM PST by NZerFromHK (Leftism is like honey mixed with arsenic: initially it tastes good, but that will end up killing you)
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To: SUSSA

Anyone dumb enough to take a billion dollar note doesn't have any assets to begin with so I don't see how one could swindle with this.


43 posted on 03/15/2006 9:19:02 PM PST by festus (The constitution may be flawed but its a whole lot better than what we have now.)
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To: festus

I don't see it either. That's why I said this guy is stupid to plead guilty. Even a novice lawyer could get him off on these charges.


44 posted on 03/15/2006 9:50:12 PM PST by SUSSA
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