Italian mafia caught with $ 6 TRILLION in fake US treasuries [no joke!]
This is not a joke, that's trillion with a T = $ 6000000000000:
http://www.businessweek.com/news/201...fia-probe.htmlRecord $6 Trillion of Fake U.S. Bonds Seized in Mafia Probe
Feb. 17 (Bloomberg) -- Italian anti-mafia prosecutors said they seized a record $6 trillion of allegedly fake U.S. Treasury bonds, an amount that’s almost half of the U.S.’s public debt.The bonds were found hidden in makeshift compartments of three safety deposit boxes in Zurich, the prosecutors from the southern city of Potenza said in an e-mailed statement. The Italian authorities arrested eight people in connection with the probe, dubbed “Operation Vulcanica,” the prosecutors said.
The U.S. embassy in Rome has examined the securities dated 1934, which had a nominal value of $1 billion apiece, they said in the statement. Officials for the embassy didn’t have an immediate comment.
The financial fraud uncovered by the Italian prosecutors in Potenza includes two checks issued through HSBC Holdings Plc in London for 205,000 pounds ($325,000), checks that weren’t backed by available funds, the prosecutors said. As part of the probe, fake bonds for $2 billion were also seized in Rome. The individuals involved were planning to buy plutonium from Nigerian sources, according to phone conversations monitored by the police.The fraud posed “severe threats” to international financial stability, the prosecutors said in the statement.
HSBC spokesman Patrick Humphris in London declined to comment when contacted by telephone.
Phony U.S. securities have been seized in Italy before and there were at least three cases in 2009. Italian police seized phony U.S. Treasury bonds with a face value of $116 billion in August of 2009 and $134 billion of similar securities in June of that year.
The U.S. Secret Service averages about 100 cases a year related to bonds and other fictitious instruments.
As a reminder:
http://www.quatloos.com/morganthau_bonds.htmthe national debt of the United States was only $28 billion in 1934
EDIT:
Pictures of the boxes released by BBC, of course they used Chicago
http://www.bbc.co.uk/news/business-17076378
EDIT: Here's the initial offering on some kind of offshore banking forum:
h xx p://members4.boardhost.com/offshorebanking/msg/1319204795.htmlTransferring rights over Mother Box Treaty of Versailles 1934-Illinois Bank
We transfer rights over Mother Box Treaty of Versailles 1934-Illinois Bank having the next status:
1. Has been verified by the authorities, being legal, certain and real existence.-
2. With SKR in an Reputable Security House in an European Country .-
3. History of mother box and baby boxes (13 ) certified by a public notary.-
4. Print amount in the front of Mother Box includes:
M.B. Control...G7777xxxxxxxxxxxx
Serial
Sec Code
Public Debt Nš
Total Face Value: Three Trillions
5. Inside 13 baby boxes closed, with certificates, numbers, size and height.-
6. 13 JPG Images (In High Definition) Front, Up, Down, Right, Left, Inside, each with notary seal and sign.-
Transfer rights under conditions as follows:
1. Deal only with direct interested with Bank POF (Proof of Funds) in hands (Non negotiable point).
2. No broker chains or pretenders in the middle.
3. Verification when buyer wants and wish face to face.
4. Meeting with the owner without problem, ever in the European Country.
5. We are able and open mind about any reasonable offer.
6. We not send images, numbers of information in advance.
7. First step for any interested person: LOI and Passport.
8. Second step: We reply with the same.
9. Third Step: Both parties disclose addresses, phone numbers, mails and skype (Owners donīt speak english)
10. Operation is clear: after all previous steps is Box against Money.
If interest please write to secretisimo @ mail. com
Start watching at 20:00 for a similar case:
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Originally Posted by fisharmor
