Sunday, June 21, 2009

Counterfeit Bonds

Apparently a couple Japanese were caught smuggling US Treasury bearer bonds from Italy to Switzerland with the value of over $100 BILLION.

The US Treasury has said the bonds appear to be fake, but there has not been a definitive statement.

If the bonds are not fake, who made them and who was trying to unload them in Switzerland? If the CIA is printing their own funds, or a foreign government is printing US funds, there is big economic trouble ahead.

Bond smugglers likely to be Japanese

Italy says 2 men detained at its border on suspicion of trying to smuggle 134 billion dollars in US bonds have been confirmed as Japanese nationals.

Italian police say the 2 Japanese passport holders, one in his 50s, and the other in his 60s, were caught on July 3rd at the Swiss-Italian border on a train from northern Italy. They say one man is a resident of Kanagawa Prefecture, central Japan, and the other is from Fukuoka Prefecture, western Japan.

Police say the men were carrying bonds worth 134.5 billion dollars, including 249 US bonds, each with a face value of 500 million dollars, hidden in a suitcase.
They were allegedly heading for Zurich, Switzerland, from Como, Italy, with the undeclared bonds.

Police say although the men were suspiciously carrying 8 cell phones, they released them later in the day after their Italian lawyer guaranteed their identities. ...

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