Million Dollar Boobies

[Mulboyne]

Asahi: 8 duped in scam involving fake $1-million bill
Eight people in Kumamoto Prefecture were duped into investing 150 million yen in a scheme that involved several "rare" $1-million U.S. bank notes--a denomination that doesn't even exist... The eight investors have not seen their money since. Three of them have filed for personal bankruptcy, in part because of the huge outlays they invested in the scam. The eight are likely to file a criminal complaint with the Kumamoto prefectural police. According to several investors, they first heard of the note from a 52-year-old president of a Kumamoto building materials importing firm in spring 2003. The company president described how a friend had told him about a "rare" $1-million note that was for sale from Chengdu, China. He invited them to pool money to buy up several such notes, and promised a tenfold return on their investment. "The United States government printed the bills in 1928 when Chiang Kai-shek was still in power in China to allow Americans to bring their assets back home," the company president said. "Not too many people know about the $1-million note"...To back his claim, the president showed investors 1,000 $1-million notes featuring a portrait of George Washington at a Tokyo hotel. Only a genuine $1 bill carries a portrait of the first U.S. president...more...

[Greji]

Originally Posted by Mulboyne

Asahi: 8 duped in scam involving fake $1-million bill
Eight people in Kumamoto Prefecture were duped into investing 150 million yen in a scheme that involved several "rare" $1-million U.S. bank notes--a denomination that doesn't even exist...

Interestingly enough, I have a friend whose mother-in-law was approached in Tokyo in December, to see if she'd like to buy a couple. It was the same type of pitch, out of Hong Kong. It is amazing that some Japanese if you try a flim-flam on them and you say it is originating in Japan, they are leary as all hell. But, you say the magic word "Hong Kong" and the very same Japanese will start pulling bank notes out of every bodily orifice to get in on the action! I guess it's that little bit of thief in everybody that hooks them everytime!

[AssKissinger]

Eight People Duped in Fake $1M Bill Scam 32 minutes ago



Eight people in southern Japan forked over 150 million yen ($1.27 million) to a man who promised huge returns involving fake American $1 million bills and then disappeared with their money, a news report said Thursday.

Smart enough to save over a million dollars yet dumb as a box of rocks.

[cstaylor]

Saving money doesn't require brains, just a lack of imagination. What that money could do if they would just live a little.

[HackWorthless]

sh*t!!! what am i gonna do with the five $1000000 bills i have in my wallet right now?!?

[igor]

Originally Posted by HackWorthless

sh*t!!! what am i gonna do with the five $1000000 bills i have in my wallet right now?!?

I know a few people in Kumamoto who might be interested.

[Charles]

The largest denomination ever printed was the $100,000 bill. About 30 years ago, I was shocked when my Dad showed me the contents of his safe deposit box, and there sitting right on top was a $100,000 bill in a plastic sleeve.

[Greji]

Originally Posted by cstaylor

Saving money doesn't require brains, just a lack of imagination.

That might be true in one sense of the meaning, but if you ain't got any brains and got money, you ain't going to have it long, I'll have it. It don't take brains to run a con!

[Mulboyne]

Japan Probe has a post showing how someone else used this scam.

[wuchan]

Originally Posted by Charles

The largest denomination ever printed was the $100,000 bill. About 30 years ago, I was shocked when my Dad showed me the contents of his safe deposit box, and there sitting right on top was a $100,000 bill in a plastic sleeve.

Hey, I have seen one of those before. They were gold certificates used mostly for large government purchases. The back is printed in orange ink. My grandfather worked for the fed and somehow got his hands on one.