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Reminiscent of the Simpsons episode where Homer has a $1 billion note until it is stolen by Fidel Castro, US Federal authorities have seized 250 bogus $1 billion notes in a Los Angeles raid. The notes, which bore the portrait of President Grover Cleveland, were believed to be modelled on actual $1,000 notes from the 1930s. Rumour has it that the notes will be used to relaunch the hunt for weapons of mass destruction in Iraq.