6 votes

Record $6 Trillion in Fake U.S. Bonds Seized

The hell is going on here?
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"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 (HSBA) 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."

http://www.bloomberg.com/news/2012-02-17/italy-police-seize-...

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michcrow's picture

I think

They're trying to do their best so that this lawsuit does not get attention. Anyone remember the 900 trillion dollar lawsuit a woman has filed? I'm pretty sure this story came out so that the trillion dollar lawsuit would not get any attention. And guess where this 900 trillion suit was filed. New York State. Same as the one against the fed. They don't want people to pay attention to this story.

Two shorten the road.

don't know much about stocks and bonds

but does a genuine u.s. treasury bond in these present times really represent any more value than a fake one? somebody?

πολλα γαρ πταιομεν απαντες ει τις εν λογω ου πταιει ουτος τελειος ανηρ δυνατος χαλιναγωγησαι και ολον το σωμα

So the establishment

So the establishment purports them to be fake… hmmm…I wonder...

"When the power of love overcomes the love of power, the world will know peace."
Jimi Hendrix
http://www.youtube.com/watch?v=odcGSi286a4&feature=plcp&cont...

Ah, good point.

It makes you wonder.

If It's Financial Intrique You're Looking For

Check this out:

http://www.divinecosmos.com/start-here/davids-blog/1023-fina...

I would love to have an open discussion with those of you who actually read it all; from beginning to end.

"The problem is not those in power, the problem is right between your ears." ~Larken Rose

http://www.youtube.com/watch?v=t5FNDRgPOLs&list=FL4wdZ0dK3HG...

I read about half of it..

I read about half of it.. have to admit, more interesting than your average run of the mill conspiracy muck. I haven't seen that whole asian angle with the kwomintang before. But I don't know if it's true, I'm always skeptical with these huge overarching mega-conspiracies.

But this article reminded me of his story about that law-suit. The suit itself seemed pretty real, but if his whole story is true, what would filing a smalltime law suit help anything?

EDIT: Watch this too http://collegerama.tudelft.nl/mediasite/SilverlightPlayer/De...

blew my mind.. TU delft is a world class university, not some back room new age convention.

Small Time Lawsuit?

Hey Dutch, did you read the list of defendants in that "small" lawsuit? It is a veritible who's who; including the entire United Nations. Hardly small.

"The problem is not those in power, the problem is right between your ears." ~Larken Rose

http://www.youtube.com/watch?v=t5FNDRgPOLs&list=FL4wdZ0dK3HG...

Yeah I did but it's a small

Yeah I did but it's a small court and people get named in lawsuits all the time, it's quite common. Belgium has these symbolic lawsuits against George Bush for the Iraq war.

Actually, I doubt a lot of those people named even fall under the jurisdiction of a local New York (was it?) court and a lot of them will be protected by diplomatic immunity anyway. I'm curious to see if it goes anywhere, I'm skeptical. Anyone can file any case. It could just as well be a symbolic suit filed by the writer, so he can use it as proof. It looks convincing, but it doesn't really prove anything (yet) until the court actually takes it up.

Clearly an intelligence agency op

that went awry, and was unplugged and denied.

Most likely they were trying to set somebody up for a future military attack.

They're overreacting...

Those were a few of Ben Bernake's "spare time experiments".
...as Bernake says:
"I love doodling...you can make the coolest stuff"!

Funny, one of the Fed boxes

Funny, one of the Fed boxes said CHICAGO on it. That's the real tip off of fraud! I am surprised OBAMA's REAL birth certificate and college transcripts weren't in there too.

If you walk blindly through life, you will run into a lot of walls.