Thursday, June 18, 2009

134.5 Billion?

Treasury officials says they are fake. Supposedly this will bring an end to the Tom Clancy type of story that two Japaneses tried to smuggle 134.5 billions worth of U.S. bonds from Italy to Switzerland. That is 249 Federal Reserve bonds worth $500 million each, ten so-called “Kennedy” bonds and other U.S. government securities worth a billion dollars each. Italy must have wished they are authentic, so that they can fine 40% of the sum. A nice pay day, it would have been.

Interestingly, last year. The Dallas Morning News reported:

Federal authorities charged a Dallas woman in connection with a scam to sell billions of dollars in fraudulent Federal Reserve notes, including some with a face value of $500 million.

. . . "You would think the half billion dollar denomination would be a dead giveaway that these notes are fake, but people are nevertheless taken in," Jennifer Silliman, special agent in charge for ICE's office of investigations in Los Angeles, said in a written statement.
An coincidence, issued date in both cases, 1934.

I have some questions till wanting answers. Did any one bought the bonds? If yes, who and for how much? And for what?

No comments: