Asheville man charged in alleged Liberty Dollar fraud scheme
ASHEVILLE — Federal authorities arrested an Asheville man in what they said was a scheme to undermine the U.S. currency system and defraud consumers with so-called Liberty Dollars.
William Kevin Innes marketed the “barter” currency in Western North Carolina and recruited merchants willing to accept it and give it as change for products bought with real money, according to an indictment unsealed this week.
Innes, 53, faces up to 45 years in prison if convicted. He was indicted along with Bernard von NotHaus, president of the National Organization for the Repeal of the Federal Reserve and Internal Revenue Codes, and two other defendants from Indiana associated with the corporation.
Innes made an initial appearance before a federal magistrate judge in Asheville Wednesday and was ordered detained pending a detention hearing set for Monday before a judge in Charlotte, according to the U.S. Department of Justice.
http://www.citizen-times.com/apps/pbcs.dll/article?AID=/2009...
I hope they have good lawyers
bump*)
"The Constitution is not an instrument for the government to restrain the people, it is an instrument for the people to restrain the government -- lest it come to dominate our lives and interests."
-- Patrick Henry
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"How can we justify to the unemployed and underemployed in the United States the incredible cost of maintaining a global empire?" - Dr. Ron Paul
Fraud or more "police state"??
There are many communities establishing a local currency...is this fraud in this case or is it an attempt by the "state" to stifle legitimate competition ?
Bump for more investigation...will save and research this "case"
*****
"I truly wish that real life would no longer surpass the worst excesses of my nightmarish imaginings... Arthur Silber **
"I think we are living in a world of lies: lies that don't even know they are lies, because they are the children and grandchildren of lies." ~ Chris Floyd
A hybrid of the local currency
issue and the federal response to the Liberty Dollar would make a great episode of South Park.
The press release's line about the currencies not having the same value was so South Parkish.
Defend Liberty!
LOL!! That WOULD be a good show!
We need to invade the Hollywood and NY WRITERS that are like minded and give them ideas and support!
************
"I truly wish that real life would no longer surpass the worst excesses of my nightmarish imaginings... Arthur Silber **
"I think we are living in a world of lies: lies that don't even know they are lies, because they are the children and grandchildren of lies." ~ Chris Floyd
No way!
I need to come up with a spec script. This will save me from having to watch 3 seasons of Burn Notice.
Defend Liberty!
Poor FED...
if this keeps up they might loose more tax revenue.
If you're not holding your nose at this point, then you have no sense of smell because this stinks to high heaven.
Assert Your Authority
Assert Your Authority