$1M Bill Deposit Attempt Leads to Iowa Man’s Arrest on Drug Charges
Our next story comes to you courtesy of our Department of the Absurd. Authorities say a man who tried to deposit what he presented as a $1 million bill has been charged with drug possession in Sioux City, Iowa.
A criminal complaint says Sioux City police officers were called to a Northwest Bank branch one Thursday to talk to a man who tried to deposit the bill into his account. The officers asked 33-year-old Dennis Strickland whether he had any more of the bills, and that a baggie fell out when he emptied a pocket in search of more bills. The complaint says the baggie contained methamphetamine.
Contrary to Mr. Strickland’s assertion that his bill was genuine, the U.S. Treasury Department declares it has never produced a $1 million bill, and even if it had, it would surely be extremely rare. The highest real denomination of US Currency is $10,000, but this bill has not been printed since the 1940s, and was only circulated for a few months.
Iowa court records say Strickland was scheduled to be back in court that following Monday. At press time, his attorney had not returned a call from the press.