Posted on 06/10/2009 10:45:08 PM PDT by Xenophon450
ROME —
Two Japanese nationals were detained by Italian financial police last week after trying to enter Switzerland with $134 billion worth of undeclared U.S. bonds, mostly Treasury bonds, an Italian daily said Wednesday. The Japanese consulate general in Milan confirmed that the detention had taken place and said it was trying to confirm with Italian authorities whether the two were indeed Japanese nationals and their identities.
According to the report in il Giornale, two unidentified Japanese in their 50s concealed the bonds, including 249 U.S. Treasury bonds each worth $500 million, in a suitcase with a false bottom that was searched by the Italian authorities June 3 when they were in Chiasso, at the border with Switzerland, about 50 kilometers north of Milan. The daily did not say on what charges they have been detained, but the two may have been detained on suspicion of attempting to take a large amount of securities out of Italy without declaring it because the paper said they had not declared the bonds.
http://www.ft.com/cms/s/0/f200bec6-5c69-11de-aea3-00144feabdc0.html
“Italian Mafia cashes in on fake T-bills”
By FT reporters
Published: June 19 2009 03:00 | Last updated: June 19 2009 03:00
SNIPPET: “Whether the men are really Japanese, as their passports declare, is not entirely clear, but Italian and US secret services working together soon concluded that the bills and accompanying bank documents were most probably counterfeit, the latest han-diwork of the Italian Mafia.”
and the story rolls on...
http://www.telegraph.co.uk/finance/economics/5586543/Is-this-the-death-of-the-dollar.html
“Is this the death of the dollar?”
SNIPPET: “After two smugglers were stopped last week with what at first appeared to be $134bn in US state bonds, the tension and paranoia surrounding the fate of the dollar hit a new high.”
By Edmund Conway
Published: 7:32PM BST 20 Jun 2009
SNIPPET: “In the event, late last week American officials confirmed that the notes were forgeries.”
http://article.nationalreview.com/?q=Mjc4OTc2MTYyMDI0MTQyZDBmYjExMWMzODlkNzk3Mzk=
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June 19, 2009 12:00 AM
“The Curious Case of the $134.5 Billion Briefcase
Whisking sham bonds through the Alps.”
By Deroy Murdock
http://www.freerepublic.com/tag/bonds/index?tab=articles
http://www.publicdebt.treas.gov/
#
http://www.freerepublic.com/focus/f-news/2294436/posts
“UPDATE 1-U.S. Treasury says bonds seized in Italy are fakes”
Posted on July 16, 2009 6:07:03 PM PDT by BlackVeil
http://www.reuters.com/article/bondsNews/idUSN1946360420090619
Fri Jun 19, 2009
By David Lawder
SNIPPET: “WASHINGTON, June 19 (Reuters) - A purported $134 billion in U.S. government bearer bond certificates seized by police near the Italian-Swiss border are fake, the U.S. Treasury said on Friday.
“Based on the photograph we’ve seen online, they are clearly fake. And not even good fakes,” said Stephen Meyerhardt, a spokesman for the Treasury’s Bureau of the Public Debt.
He added that there is only $105 million in Treasury bearer bond securities outstanding, so the $134 billion amount seized far exceeds the universe of outstanding securites.
The Treasury’s determination confirmed the suspicions of Italy’s Guardia di Finanza, or tax police, who seized the bond documents in early June from two Japanese nationals at the Chiasso rail station in northern Italy, close to the border with Switzerland.
The bonds comprised 249 “Federal Reserve” bonds of $500 million nominal value each and 10 “Bond Kennedy” with a $1 billion nominal value, the tax police said June 4 in a statement.”
http://www.reuters.com/article/bondsNews/idUSN1946360420090619
“UPDATE 1-U.S. Treasury says bonds seized in Italy are fakes”
Fri Jun 19, 2009 5:39pm EDT E
“(Updates with details on bonds, U.S. Secret Service comment)”
By David Lawder
SNIPPET: “WASHINGTON, June 19 (Reuters) - A purported $134 billion in U.S. government bearer bond certificates seized by police near the Italian-Swiss border are fake, the U.S. Treasury said on Friday.
“Based on the photograph we’ve seen online, they are clearly fake. And not even good fakes,” said Stephen Meyerhardt, a spokesman for the Treasury’s Bureau of the Public Debt.”
hedge funds... like Jeffrey Epstein.
Maybe it was financing for all the Arab Spring Muslim Brotherhood revolutions that started not long after Obama’s infamous “New Beginning” Cairo speech [which Imam Rauf claimed . Egyptian/Swiss Tariq Ramadan [now recently dead?] really really loved that speech, and had ties to very rich Qataris
10 year old story.
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Who got to keep the bonds?
In a suitcase.. Amazing.
Good question.
Made in Japan.
Thirteen year old actually.
Nobody. They turned out to be counterfeit.
FYI “Tiger Likes Rooster” (a pro-American, conservative South Korean Freeper of nearly 20 years) has left Free Republic over the insane shit done by DJT visa a vis Kim/DPRK that we would never in a million years countenance in an Obama presidency. Sorry. Pretty unceremoniously....they really slammed the door on that wonderful frontline resource.
Ok thanks.
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