Police arrest man in possession of distinctive notes, including a one hundred trillion dollar note in Zimbabwean currency
Police arrest man in possession of distinctive notes, including a one hundred trillion dollar note in Zimbabwean currency
by RamblerNash Thu Jan 25, 2018 9:30 pm
Police arrest man in possession of distinctive notes, including a one hundred trillion dollar note in Zimbabwean currency
January 3, 2018 3:26pm
Man arrested with stolen money. Picture: SA Police
A MAN has been arrested for stealing one hundred trillion dollars — in Zimbabwean currency.
Police arrested a 32-year-old man on Eden St, Adelaide, and found him in possession of notes suspected of being stolen.
Some of the notes found included a distinctive German Deutschmarks printed in 1920, $1000 Korean Wons, 100 Baisa Oman notes, and a one hundred trillion Zimbabwean dollar note.
One hundred trillion Zimbabwean dollar note is worth about $5.
Zimbabwe’s 100-trillion-dollar note gains in value
In 2009, the Zimbabwean Government scrapped the currency, leaving US dollars and South African rand as the main notes and coins in circulation.
To this day, Zimbabwe still has no currency of its own but the one hundred trillion dollar note has gained value, selling for between $20 and $80 on eBay.
Investigators are calling on the public to help identify the owner but they will be required to provide proof of ownership/
The arrested man will appear in court at a later date.
http://www.adelaidenow.com.au/news/law-order/police-arrest-man-in-possession-of-distinctive-notes-including-a-one-hundred-trillion-dollar-note-in-zimbabwean-currency/news-story/c5d0bd5a6d497088cb6ec6c0d17c1d89
January 3, 2018 3:26pm
Man arrested with stolen money. Picture: SA Police
A MAN has been arrested for stealing one hundred trillion dollars — in Zimbabwean currency.
Police arrested a 32-year-old man on Eden St, Adelaide, and found him in possession of notes suspected of being stolen.
Some of the notes found included a distinctive German Deutschmarks printed in 1920, $1000 Korean Wons, 100 Baisa Oman notes, and a one hundred trillion Zimbabwean dollar note.
One hundred trillion Zimbabwean dollar note is worth about $5.
Zimbabwe’s 100-trillion-dollar note gains in value
In 2009, the Zimbabwean Government scrapped the currency, leaving US dollars and South African rand as the main notes and coins in circulation.
To this day, Zimbabwe still has no currency of its own but the one hundred trillion dollar note has gained value, selling for between $20 and $80 on eBay.
Investigators are calling on the public to help identify the owner but they will be required to provide proof of ownership/
The arrested man will appear in court at a later date.
http://www.adelaidenow.com.au/news/law-order/police-arrest-man-in-possession-of-distinctive-notes-including-a-one-hundred-trillion-dollar-note-in-zimbabwean-currency/news-story/c5d0bd5a6d497088cb6ec6c0d17c1d89
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