Man tries to cash US$1 million banknote

22:21, Jan 01 2012
Monopoly miniatures on US banknotes.
MAYBE IT WAS MONOPOLY MONEY: A man has been arrested in the US for trying to cash a $1 million banknote.

Do you have change for a million-dollar bill?

Police in the US say a North Carolina man insisted his million-dollar note was real when he was buying US$476 ($612) worth of items at a Walmart.

Investigators told the Winston-Salem Journal that 53-year-old Michael Fuller tried to buy a vacuum cleaner, a microwave oven and other items. Store employees called police after his insistence that the bill was legit, and Fuller was arrested.

The largest bill in circulation in the US is $100. The government stopped making bills of up to US$10,000 in 1969.

Fuller was charged with attempting to obtain property by false pretense and uttering a forged instrument. He is in jail on a US$17,500 bond. He is scheduled to be in court Tuesday (Wednesday, NZ time).