Woman arrested by MPD over $100 bill - WMC Action News 5 - Memphis, Tennessee

Woman arrested by MPD over $100 bill

Malone was arrested and held at 201 Poplar for more than an hour. (Photo Source: WMC Action News 5) Malone was arrested and held at 201 Poplar for more than an hour. (Photo Source: WMC Action News 5)
Malone says the incident was embarrassing. (Photo Source: WMC Action News 5) Malone says the incident was embarrassing. (Photo Source: WMC Action News 5)
MEMPHIS, TN (WMC) -

Old money led to new problems for a Memphis woman after she was arrested when police claimed her cash was counterfeit.

There was nothing phony about the hassle Katrina Malone got when Memphis Police suspected her $100 bill was counterfeit.

"They interrogated me, they made me lift up my clothing, they went through my purse to see if I had other counterfeit money," said Malone, who was arrested at Walmart on Winchester Road.

"I paid with a $100 dollar bill and she continued to say that she couldn't take it and it was fake and I said, "Well, you need to take that up with the bank because that's where I got it from'," said Malone.

The cashier took the issue up with her boss, who ended up calling police.

"The police said he sees counterfeit money all the time, he's sure that it was counterfeit, and that they're going to have to arrest me," Malone added.

Malone was transported to 201 Poplar where officers questioned her for more than an hour. They were suspicious because the bill lacked modern-day water-marks.

However, the Memphis Police Department sent out an email saying, "After reviewing the bill and consulting with the Secret Service, it was determined that the bill was real."

WMC Action News 5 did a Google search for former Treasury Secretary George Schultz's signature, and discovered that the bill was simply old money; printed in the early 1970's.

"I wanted an apology, but everybody looked at me like I should just sweep it under the rug and nothing happened," noted Malone.

Malone said her son missed a doctor's appointment because of her arrest.  Memphis police says Malone has the right to file a complaint with their Inspectional Services Bureau.

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