Man arrested with $1.6 billion in fake Treasury notes

On Feb. 1, Gwinnett County sheriff's investigators were notified by an attorney that Lloyd Clifford Norris wanted to purchase a home by using a registered promissory note supposedly certified by Treasury Secretary Timothy Geithner, Gwinnett police Cpl. David Schiralli said.

"A copy of the promissory note was given to the investigator and with the assistance of the U.S. Treasury, the note was confirmed to be fraudulent," Schiralli said.

On Thursday, the suspect attended a loan closing at the attorney's office, where Norris presented the $225,000 note for payment to purchase a home in Lawrenceville, Schiralli said.

Duluth man arrested, $1.6 billion in phony Treasury notes seized
Atlanta Journal Constitution