Posted on 01/25/2010 7:26:53 AM PST by Cheap_Hessian
Abu Dhabi police have arrested seven men for plotting to defraud the UAE central bank of 7.2 billion euros ($10.17 billion) using false documents, the state news agency WAM said on Saturday.
It said the suspects, three Europeans and four Asians, had presented forged documents from a commercial bank in Europe purporting that the central bank of the United Arab Emirates owed the funds representing the family investments of the gang's leader.
"The documents presented by the suspects were fake and meant for attempted fraud targeting the central bank," WAM quoted Colonel Hammad al-Hammadi, director of the police's Criminal Investigation Department, as saying.
(Excerpt) Read more at in.news.yahoo.com ...
Anybody remember what happened at the Italian/Swiss border a few months back?
I immediately thought of that when I first read this story. I haven’t heard anything about it for the longest time.
Doing a keyword search, the best I’ve come up with so far is this(bearebonds)
http://www.freerepublic.com/tag/bearerbonds/index?tab=articles
I’m sure there’s another keyword that will have more hits. If I find it, I’ll post a link.
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