His Scheme Was Phony as a $5-Million Bill
A village head in western China who tried to pass fake U.S. $5 million and $1 million bills has been fired, the Sichuan Daily reported.
The largest denomination of U.S currency ever printed was a $100,000 note, an American consular official in Hong Kong said.
The official newspaper, received here Friday, said Gan Yincheng had also passed off copper as gold before being fired by Sichuan province’s People’s Congress as a bad influence.
After Gan’s October, 1984, attempt to dupe people with the two bogus large-denomination notes failed, he managed to earn more than $1,000 by exchanging copper nuggets--which he claimed were gold--for asphalt, it said. That ruse worked twice before police arrested him.
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