A Pennsylvania woman was allowed to open a bank account with a single forged $1 million note. Dorothy Livingston, 24, opened the account at the First National Bank of Newport on July 15 and raised no objections from bank employees, police say. Ms. Livingston allegedly later withdrew some of the money and transferred it to her husband's account. She has been charged with 16 counts of theft by deception, and is being held on $25,000 bail. The largest denomination of note still being printed in the U.S. is $100, and the largest note ever printed was a $100,000 note, which existed for about three weeks in the 1930s, when it was used to transfer funds between Federal Reserve banks. It was never publicly circulated.
Valley Forger
A Pennsylvania woman was allowed to open a bank account with a single forged $1 million note. Dorothy Livingston, 24, opened the account at the First National Bank of Newport on July 15 and raised no objections from bank employees, police say. Ms. Livingston allegedly later withdrew some of the money and transferred it to her husband's account. She has been charged with 16 counts of theft by deception, and is being held on $25,000 bail. The largest denomination of note still being printed in the U.S. is $100, and the largest note ever printed was a $100,000 note, which existed for about three weeks in the 1930s, when it was used to transfer funds between Federal Reserve banks. It was never publicly circulated.
