$20 Billion in Counterfeit U.S. Government Bonds Confiscated in Italy

January 26th, 2011

There’s some confusion with the currency specified. The headline indicates 20 billion euros and the body states 20 billion dollars.

I’m not able to find much more one this so far.

Via: AP:

Italy confiscates euro20 billion in fake US bonds
Carabinieri on travel break nab 6 carrying counterfeit US bonds worth euro20 billion

On Wednesday January 26, 2011, 10:15 am

Italian authorities have confiscated $20 billion in counterfeit U.S. government bonds.

Authorities say the bonds were of a quality that theoretically could have defrauded financial institutions.

But a stop at a highway rest area where a group of Carabinieri military police were taking a break proved to be the undoing of the group.

A Carabinieri statement said officers did a routine search of the vehicles after the “suspicious” behaviour of the men and found “to their surprise” a briefcase with 40 bonds each valued at $500 million.

Officials said Wednesday that U.S. officials confirmed the bonds were counterefeit. The six men are under investigation for receiving stolen goods.

Related:

Two Japanese Carrying $134 Billion in Fake Bonds

Another $100 Billion

Posted in Economy | Top Of Page

One Response to “$20 Billion in Counterfeit U.S. Government Bonds Confiscated in Italy”

  1. AHuxley says:
    January 26, 2011 at 11:01 pm

    Old news but some ideas
    http://benjaminfulford.typepad.com/benjaminfulford/2011/01/over-750-prominent-european-and-us-citizens-to-be-arrested-within-weeks-as-a-result-of-a-multinational-investigation-into-fin.html

    Think of the start of Hitler and his nice new trucks and uniforms early on.
    Think of the uniforms and arms with Bosnia, later the KLA.
    Someone is seeking to build something big 🙂

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