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Old 13-01-2008, 11:18 PM   #1 (permalink)
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Default Is it legal to sell fake US$1 million note?

That was the question puzzling a STOMPer, who spotted this note put up on sale at a store in Raffles City.

Said Mr Teo, in his MMS to STOMP on Jan 13:

" Fake One Million US Dollar bill on sale for $3.00 at Inbox Raffles City.

"Is this even legal?"

Mr Teo told STOMP this was spotted in one of the rental cubicles within the store, and says he is not sure that the owner is even aware that this is going on.

STOMP has contacted the Monetary Authority of Singapore and the Police for a comment. Please watch this space for updates.

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Old 13-01-2008, 11:24 PM   #2 (permalink)
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Default Re: Is it legal to sell fake US$1 million note?

i think should be ok la..

if u are shop ower receive 1 million will you check the water mark b4 u give the change to him?

so call in singapore if u get $100 note will u check the water mark.. of cos u will..
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Old 13-01-2008, 11:27 PM   #3 (permalink)
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Default Re: Is it legal to sell fake US$1 million note?

bleh as if it can be used
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Old 14-01-2008, 12:17 AM   #4 (permalink)
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Default Re: Is it legal to sell fake US$1 million note?

There is no real 1million $ bill... so how can it have a fake?
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Old 14-01-2008, 01:50 AM   #5 (permalink)
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Default Re: Is it legal to sell fake US$1 million note?

What a dumb ass, I would have ebayed it and its worth more than $3. Lol


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Old 14-01-2008, 02:37 AM   #6 (permalink)
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Default Re: Is it legal to sell fake US$1 million note?

I can guarantee you that it is totally illegal to own it and even display in public (I meant in USA, not sure in Singapore).

Anyone can report you to the FBI for rewards because a lot of Nigerian fraud related with big million bank notes (Fraud claims that this is a bank note used between banks)


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Old 14-01-2008, 08:15 AM   #7 (permalink)
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Default Re: Is it legal to sell fake US$1 million note?

Maybe it is legal to sell it... But it is illegal to use it...

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Old 14-01-2008, 11:31 AM   #8 (permalink)
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Default Re: Is it legal to sell fake US$1 million note?

haha... buy it then sell at $10... =X

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Old 14-01-2008, 11:59 AM   #9 (permalink)
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Default Re: Is it legal to sell fake US$1 million note?

Lol i want it!

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Old 14-01-2008, 12:04 PM   #10 (permalink)
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Default Re: Is it legal to sell fake US$1 million note?

imo it only a collectible mah.who ever tried to use it is nuts.....
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Old 14-01-2008, 07:18 PM   #11 (permalink)
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Default Re: Is it legal to sell fake US$1 million note?

This $1 million bill is quite common in the USA. Can buy from the gift shops in Las Vegas for a couple of US $. It is meant to poke fun lah.
The largest US dollar denomination is US$100. So, any denomination larger than that is likely to be bogus. It is perfectly alright to own it in the USA, a country whereby their own citizens even poke fun at their own President.
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Old 14-01-2008, 07:44 PM   #12 (permalink)
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Default Re: Is it legal to sell fake US$1 million note?

yah lor.... the US currency only has up to $100 note. any bigger, and it's fake.

$1 bears the face of washington
$2 - Jefferson
$5 - Lincoln
$10 - Hamilton
$20 - Jackson
$50 - Grant
$100 - Franklin


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Old 15-01-2008, 01:20 AM   #13 (permalink)
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Default Re: Is it legal to sell fake US$1 million note?

Maybe it just for show


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Old 15-01-2008, 01:36 AM   #14 (permalink)
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Default Re: Is it legal to sell fake US$1 million note?

Quote:
Originally Posted by dawgbyte
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There is no real 1million $ bill... so how can it have a fake?
yeap. like the others above me mentioned, the highest currency of note in USA is $100.
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Old 15-01-2008, 04:54 AM   #15 (permalink)
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Default Re: Is it legal to sell fake US$1 million note?

Well i believe those are sold in tourist shop? Should be normal... since it is using the freedom statue as picture instead of the US presidents.
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